The 2018 U.S. Tax Reform and its Impact on Mobility
On December 22nd, 2017, President Trump signed the “Tax Cuts and Jobs Act” into law. This comprehensive tax reform act contains provisions that affect individuals and employers of mobile employees. The specific policy items affected by this tax reform include:
• The shipment of household goods;
• Household goods storage (first 30 days); and
• Final move expenses.
View our full one-page document for TheMIGroup’s recommendations to help you adjust your mobility program to account for these affected policy areas.
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