Prepare tax practitioners to advise their clients that use foreign contractors regarding the tax issues associated with payments to such individuals Understand U.S. international employment tax rules
More and more businesses are hiring independent contractors who reside outside the U.S. The key tax-related issues associated with hiring an independent contractor from outside the U.S. is to determine if the worker meets the requirements of independent contractor status. Equally as important is to verify the worker's country of residence to make sure he or she is not a U.S. resident as tax withholding and year-end reporting requirements are tied to the residence status of the taxpayer versus that of the independent contractor.
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Basic