WEBINAR 2 IRS CPE -Global Workforce: U.S. Tax Impact on Digital Nomads, Remote Workers and Their (Often Overlooked) Employers

Some exciting news.  I am presenting a webinar on Nov. 21 Thursday 10 AM EST. 2 IRS CPE credits.

$20 off on registration fee if you use code “VIRGINIA” at checkout

Hope to see you there.

Please share with your colleagues and friends who may have interest in this topic.

REGISTER AT THE LINK: 

Global Workforce: U.S. Tax Impact on Digital Nomads, Remote Workers and Their (Often Overlooked) Employers

WEBINAR HIGHLIGHTS

• “Employee” v. “Self Employed” – critical tax differences and US tax treatment.
• Overview of the foreign earned income and housing exclusions (FEIE/FHE)
• Where is the “tax home” when working from numerous countries?
• Traps for the unwary – an “abode” in the USA precludes using the FEIE/FHE benefits
• Immigration risks for Green Card holders working abroad
• What if a home is purchased abroad instead of rented? Any benefits?
• Using FEIE/FHE versus FTC and cases of “overlap”
• Tax reporting – Special reporting requirements may come into play when working overseas (FBAR, Form 8938 and numerous other forms if a foreign entity is created to run the business such as Form 926 and 5471)
• Spouses – US or NRA? Making a Section 6013(g) election.
• Consider if the couple is departing from, or relocating to, a jurisdiction with a community property regime.
• Self-employment tax (SE tax) – a rude awakening
• SE tax and totalization agreements
• Can SE tax be avoided through the use of a foreign corporation?  – Beware CFC / Subpart F and Substantial Assistance and, of course, GILTI
• Owning a CFC – Is it beneficial to make a Section 962 Election to treat the US individual shareholder as a “corporation” instead of an individual
• Physical presence in the foreign countr(y)(ies) and becoming “tax resident”
• Departing the foreign country – exit tax?
• Physical presence of the employee in the foreign country can cause the employer-company to be dragged into that country’s tax net. Planning!
• State taxes –responsibility for State taxes after having moved abroad; breaking State tax residency with proper planning

All the US tax information you need, every week –

Forbes Contributor, US International Tax

Named by Forbes, Top 100 Must-Follow Tax Twitter Accounts @VLJeker

Named by Bloomberg, Tax Professionals to Follow on LinkedIn

Subscribe to Virginia – US Tax Talk  to receive my weekly US tax blog posts in your inbox. My blog specializes in foreign and US international tax issues.

You can access my papers on the Social Science Research Network (SSRN) at https://ssrn.com/author=2779920