10/12/2023
Offering Remote Work As An Option May Help Business Owners To Retain Key Employees And Cast A Wider Net For Talented New Ones. Yet As The Practice Morphs From A Pandemic Necessity To A Permanent Part Of The Business Landscape, Owners Need To Be Aware Of And Plan For Tax Implications, Navani Cautions. "Make Sure You're Compliant With All The Payroll Tax And State Filing Obligations," He Suggests, Even If You Relocate Within The United States. If You Relocate To Another Country, The Situation May Become More Complex. "For Example, If An Employee Relocates From New Jersey To India, The Employer Needs To Understand The Indian Rules And Responsibilities Imposed On The Employer," He Says. Your Tax Advisor Can Help You Sort Through And Meet These Obligations.
