Which Relocation Expenses Can Be Excluded from Income Tax?

Regardless of the distance or time of year, relocating for a job is an expensive undertaking. Fortunately, many employers have relocation packages in place that reimburse employees for some, or all, of their moving expenses. Some relocation expenses are excludable from income tax, while others are considered additional taxable income by the IRS. Learn more about relocation and U.S. taxes in our

Cut Executive Relocation Costs without Reducing Service

Many companies today are looking to reduce executive relocation costs through programs like lump-sum relocation packages or simply eliminating executive relocation expense reimbursement or payments entirely. However, this can reduce your company's strategic advantage in the marketplace because you're limiting the company's ability to recruit and retain top talent to your area after a corporate