The IRS recently made important changes to the Child Tax Credit which will enable many families to receive advance payments of the credit starting July 2021. Here is what you need to know about the 2021 Child Tax Credit and its impact on your mobility program.
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If your company is considering a switch to a new mobility tax services provider, there are several factors that should be considered before making a change—but transition difficulties should not be one of them. There could be any number of reasons you are thinking about making a change, and most providers are experienced in making that transition while ensuring their clients and mobile employees suffer no interruptions in their mobility tax services.
Employers are increasingly turning to mobile employees to fulfill their international staffing needs, but many companies fail to understand the complexity, costs, and compliance obligations that result from cross-border employment. The following are common mobility tax mistakes we encounter the most that are made by employers with mobile employees and tips for avoiding them.