Everyone wants to make good decisions – from choosing the school that is right for your kids or what food is right for your body. But what about when it comes to your business? Are you thinking the same way? The decisions you make for your business will impact you, your company, and your employees.
Tax Returns in the Tax Cuts and Jobs Act Era The end of March marks the beginning of spring, opening day for Major League Baseball, and the stretch run of the U.S. tax filing season, with the initial deadline (before extensions) of April 15th, 2019 approaching faster than a ballcap caught in a stiff breeze. This marks the first-time taxpayers are submitting tax returns under the Tax Cuts and Jobs Act, which went into effect January 1, 2018.
When a company sends an employee on a tax equalized assignment, the company agrees to cover the worldwide incremental tax obligations for that employee due to the assignment. Without proper planning and processes, the total costs for the company, or the timing of the tax payments, can result in some very unpleasant surprises.
If you've never heard of the Assignment Cost Estimator, affectionately referred to as ACE at AIRINC, it is a tool that we created to produce reliable and accurate cost estimates for short-term, long-term, and host plus assignments. Whether you're part of a budding Global Mobility program or one with assignees across the globe, we invite you to take ACE for a spin to experience this time-tested, five-star rated tool for yourself.
With some basic employee information, and a few clicks, you can create a real-time cost estimate quickly and easily! No need to spend days waiting on an estimate!
I spend my time working on one-way move issues such as host pay calculations, lump sum payments, and cost projections.
Join us on February 7 to learn about evolving your mobility program to address recent U.S. tax changes.
The comprehensive tax reform act contains provisions that affect individuals and employers of globally-mobile employees (as well as corporations).
Join us on January 18 for an overview of the tax updates that specifically impact organizations with domestic and/or international moves.
According to our recent survey, 61% of companies identify controlling costs as the number one pressure from business stakeholders.