Tax Tips For U.S. Employers Managing International Remote Workers
Filing taxes from abroad is a much more complicated process than filing in the states. While some people and organizations are embracing fully remote, some are ready to get back in the office. Whether your firm is on one side of the spectrum or the other, or your company is partaking in a hybrid model, […]
Proposed Tax Reform Impact on Relocation
Worldwide ERC® recently issued a press release about the proposed tax reforms and the potential for a significant impact on the relocation and global mobility industry. Proposed Tax Reform Holds Significant Impact for Mobility Industry Adding long-awaited detail to the proposed U.S. tax reform legislation, text for the bill —titled the “Tax Cuts and Jobs […]
GDPR and NuCompass Compliance
As you may know, a new data protection law called the General Data Protection Regulation (GDPR) was passed by the European Union. While it only affects EU individuals, we have many clients who utilize NuCompass’ global relocation and assignment services. The information below will outline some of the basic information regarding GDPR and how NuCompass […]
IRS Clarifies Status of 2018 Reimbursements for 2017 Moves
As part of the Tax Cuts and Jobs Act (which became effective on January 1, 2018 and runs through December 31, 2025), the costs associated with household goods moves and final travel to the new location were no longer excludable/deductible from employee income. After the new rules took effect, there remained a question regarding how […]
Immigration News Update
Our partners at Fragomen provided the following update on global immigration news for the week of May 19-25, 2017: In United States immigration news, a federal appeals court upheld a lower court’s injunction against the Trump Administration’s entry ban against nationals of Iran, Libya, Somalia, Sudan, Syria and Yemen. In Germany, the government has ratified the EU Intracompany Transferee […]
Immigration Restrictions Update
As detailed in the excerpt below from ERC’s Government Affairs, there are ongoing developments that will potentially impact employee global mobility. On 1 June 2017, the US Department of Justice petitioned the US Supreme Court to hear arguments on the President’s executive order(s) to implement restrictions on immigration into the US and the subsequent blocking of […]
Will the Partial Travel Ban Affect Employee Relocation?
The Supreme Court delivered a mixed ruling on Monday, June 26, 2017, that allows President Trump to implement the travel ban against six countries — Iran, Libya, Somalia, Sudan, Syria and Yemen — but only for travelers with no “bona fide” relationship to the U.S. Those that have established ties will be allowed to continue entering the […]
Trump Ends DACA – What Employers Should Know
As has been discussed and anticipated, the Trump administration recently announced their intent to discontinue DACA (Deferred Action for Childhood Arrivals). The key points of the “wind down” strategy are detailed in the update below, provided by Berry Appelman & Leiden. BAL states that employers may be unaware that some employees will be affected, and provides […]
Relocation Technology on the Move
NuCompass’ Chairman, Frank Patitucci, is quoted in the article, “Tech on the Move”, in the September 2017 issue of HRO Today Magazine. The article, written by Christa Elliott, takes a look at how new technology advances, including virtual reality and artificial intelligence, will impact the global mobility industry. TECH ON THE MOVE Exciting advances in virtual reality, […]
Tax Reform Affects on Moving Expenses
There has been significant discussion and debate in Washington regarding new tax proposals. Below is an update provided by Worldwide ERC® on what is being considered in current legislation. While this is not final and will likely go through more iterations, we wanted to keep you updated on current events as they affect relocation. <!–break–> While the […]
