2022 tax season insights for mobile employees
If you employed mobile employees in 2022, you should be aware of the risks involved.
Creating a customized approach that effectively integrates your team of trusted advisors.
Our team helps today’s growing class of international professionals – those who hold citizenship in one country but are employed in another – address the tax implications and other complications of their global status.
Our approach
In an increasingly global economy, international companies often employ citizens of one country in another country whether on a temporary or permanent basis. Many of our clients hold citizenship in more than one country or have family members, business interests or investments abroad, we offer fully global capabilities. We help you address the compliance, tax, and other implications of this type of transaction for such employees, ensuring all the bases are covered and you can focus on growing your business.
Our services
Global Citizens Services
- U.S. Entry/exit briefings
- Federal and multi state income tax return compliance
- FBAR and other FATCA reporting
- ITIN applications
- Streamlined voluntary disclosures
- Passive foreign investment company analysis
- GILTI calculations
- FIRPTA reporting and documentation
- Structuring of multi-national operations
- Advisory services, expatriation and pre-immigration planning and memorandums
Global Mobility Services
- Advise on obligation to withhold federal, state, and FICA Taxes
- Hypothetical tax calculations
- Tax equalization calculations
- Advise human resources on payroll setup
- Net pay computations
- Short term business traveler advisory services
- Social Security totalization agreements
- Treaty research and disclosures
- International corporate and LLC tax compliance
- Assisting foreign-owned companies with establishment and operations in the USA
- Reviews of deferred compensation arrangements and their tax effects
Our insights
Tax talk: Global mobility considerations
The future of work has led more companies than ever to allow employees to be mobile and work where they desire. With this freedom, though, comes important considerations for organizations about their policy, process, technology and compliance around managing mobile employees.
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Richard Tannenbaum Partner - Long Island
