GTN Mobility Tax Blog

For the global mobility industry, 2023 has witnessed both significant challenges and exciting opportunities. Although continuing to ease, inflationary pressures and higher interest rates have had an impact on employees’ willingness to relocate. Ongoing conflicts in Ukraine and the Middle East have created humanitarian and security crises that will have long-lasting impacts on global economies and welfare. At the same time, advancements in automation and artificial intelligence offer the possibility of transformative change, including opportunities in the creation of administrative efficiencies and in the reduction of cost and risks.

Any company with a mobile workforce needs a solid technology platform to effectively manage their mobility program. This technology often includes features such as dashboards that provide near-real-time monitoring of an employee's tax information, portals that allow taxpayers to upload tax documents, and tracking capabilities that help monitor mobile employee locations. And now in the age of ChatGPT and other generative AI tools, it's more important than ever to utilize technology to streamline and strengthen your mobility program. However, simply having access to technology and information is rarely enough to address the tax compliance challenges that often come with a mobile workforce.

For the sixth year in a row, GTN is collecting toy donations for Toys For Tots for the 2023 holiday season! 

Communities throughout the US continue to face financial struggles and during the holiday season, families can feel the weight of this burden even more. To help our neighbors, we can alleviate some of this stress by sharing resources where we’re able. Together, we can support the Toys For Tots mission and ensure families across the US can provide their children with the joy of holiday gifts. 

In the current global business landscape, it has become increasingly common for companies to offer long-term incentives to their employees as a means of attracting, retaining, and rewarding them. However, while such incentives, including equity income, can be highly effective, they also come with inherent risks that require careful management and oversight.

Our 10th annual Beards and Braids for Busy Season (BBFBS) campaign has begun!

Ten years ago, what began as a simple way to infuse some fun into the tax busy season has turned into an annual event to provide support for non-profit organizations around the world. To date, we have raised over $36,000 for nonprofit organizations such as AdoptAClassroom.org, Canines for Disabled Kids, Move For Hunger, and No Kid Hungry.

If your auditor doubles as your company’s mobility tax services provider, you may have found benefits from this seemingly convenient arrangement.

It’s not unusual to see companies using the same firm to provide multiple kinds of accounting and tax services, especially for emerging and fast-growing companies. However, it is important to be aware of the challenges that may arise in this situation and understand why it may be beneficial to use different firms for your auditing and mobility tax needs.

By understanding your specific needs and the service limitations that can exist for audit firms, your organization will be in a better position to assess and select a vendor that will provide the experience needed for your mobility program and employees.