For federal employees who move for work, the new tax law could leave them on the hook for taxes on their moving expenses.
Employer-covered moving expenses were tax deductible under the former tax code, but the new law eliminated this deduction, opening feds up to paying income taxes on these reimbursements.
Sens. Mark Warner (D-Va.) and Tim Kaine (D-Va.) want rules in place “immediately” to make sure feds aren’t subject to new taxes.
