Tax Director - International Tax And Technology (For A Public Accounting Tax Leader Who Wants A Corporate Role)

TaxConnections Executive Search Services division has been retained to conduct a search for a Tax Director – International Tax And Technology for a privately held company headquartered in the United States with more than one hundred employees working remotely worldwide. If you are ready to exit public accounting and love international tax research and technology advances you will love this job. Our corporate technology client has more than 1000 companies utilizing this platform. This role involves keeping track of updates in international tax legislation and speaking to this company’s extraordinary client base about legislative updates and advise clients on process improvements. Great opportunity and flexibility to set your own hours! Our CEO client was a former Managing Partner, International of a Silicon Valley, CA office of a Big Four firm so he understands you enjoy a flexible work schedule and interesting work.

Would you be so kind to review this opportunity and refer this to any international tax advisor you know who may be interested in learning more? 

Tax Director – International Tax And Technology (Remote Role/Work From Home 100% Of Time)

TaxConnections Executive Search Services division has been retained by a privately held software company that licenses cutting-edge, innovative tax technology utilized by more than 1000 companies worldwide.  They are a leading global tax technology company committed to providing high value, affordable tax research, management, and solutions by combining technology with tax expertise to deliver optimal international tax solutions.

The company provides tax relevant workflow solutions for multinational enterprises that can be accessed by all stakeholders. They are powered by a comprehensive international tax research platform that tracks the tax laws of 195 countries and can be customized to an MNEs global footprint.

The Tax Director – International Tax And Technology will report directly to the CEO who was formerly a Tax Partner with a Big Four firm in Silicon Valley.

Tax Director – International Tax And Technology is responsible for overseeing international tax solutions software thought-leadership and interfacing with clients in training and onboarding. The incumbent will be involved in further advancing the development of the logic of the international tax software by identifying ongoing needs through interactions with multinational clients.

The Tax Director – International Tax And Technology responsibilities include:

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ERIN COLLINS - NATIONAL TAXPAYER ADVOCATE

The National Taxpayer Advocate’s Annual Report to Congress identifies taxpayers’ problems and provides suggestions to further protect taxpayer rights and ease taxpayer burden.

Tax Director - International Tax Software (Remote Opportunity)

Tax Director – International Tax Software (Remote Role)

TaxConnections Executive Search Services division has been retained to conduct a search for a Tax Director – International Tax Software for a privately held company headquartered in the United States with more than one hundred employees working remotely. This software company creates and licenses cutting-edge, innovative tax technology that is utilized by more than 1000 companies worldwide.  They are a leading global tax technology company committed to providing high value, affordable tax research, management, and solutions by combining technology with tax expertise to deliver optimal international tax solutions.

Given the advances in globalization, tax departments of multinational enterprises (MNEs) benefit greatly from their fully integrated software solutions. The company provides tax relevant workflow solutions that can be accessed by all stakeholders. They are powered by a comprehensive international tax research platform that tracks the tax laws of 195 countries and can be customized to an MNEs global footprint.

The Tax Director – International Tax Software will report directly to the CEO who was formerly a Tax Partner, International with a Big Four firm in Silicon Valley.

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A Definition Of U.S. Citizenship Taxation: How The U.S. Imposes Worldwide Taxation On People Who Live In Other Countries

Prologue

The term “citizenship tax” is abstract and meaningless without context. What does it really mean? In this short post I attempt to describe the defining aspect of US tax residency in simple terms.

Bottom line:

The ONLY contextual meaning of taxing based on citizenship is that it allows the US to impose tax on income earned outside the United States by people who live outside the United States.

Here is why …

What exactly is “citizenship taxation”? How/why does citizenship matter? It’s not what the “treaty partner” countries think!

1. Like all countries the United States imposes worldwide taxation on its residents. Individuals living in the United States will meet the “substantial presence” requirements and are therefore taxable on their worldwide income. Citizenship is irrelevant.

2. Like all countries the United States imposes taxation on income sourced in the United States. Generally the United States will have the first right of taxation and has the ability to withhold tax. Citizenship is irrelevant.

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Non-U.S. Banks May Be Forced To Sever Ties With US Citizen Clients Because Of FATCA (Part 2 – Notice 2023-11)

Introduction – The Readers’ Digest Version

This is Part 2 of a series of posts discussing the world of FATCA and how IRS Notice 2023-11 is likely to impact it. (Part 1 is referenced in the above tweet.) In Part 1 I described how Notice 2023-11 imposes significant additional obligations on both non-US banks and the IGA Model 1 governments. (This post will be best understood by first reading Part 1 and understanding the additional compliance burdens imposed on non-US banks as a result of Notice 2023-11.) The purpose of this post (Part 2) is to suggest that the overall context of FATCA, the FATCA IGAs and US citizenship taxation will incentivize non-US banks to purge US citizen clients. It is reasonable to conclude, that US citizen clients are a clear and present danger to their businesses.

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JASON FREEMAN, JD

Henry v. Comm’r T.C. Memo. 2023-2| January 5, 2023|
Ashford, J. | Dkt. No. 18832-18

Summary: From early 2015 and through 2016 Marie Henry (“Henry”) was unemployed and in a terrible financial, physical, and mental state. To get by, she made early withdrawals from a retirement plan. She was enrolled in health insurance coverage provided by Blue Cross Blue Shield (Blue) for the first 11 months of 2016 through the Health Insurance Marketplace (Marketplace).  The Marketplace determined that Henry was eligible for premium tax credit and the Advanced Premium Tax Credit for her coverage, so she received the benefit of monthly APTC payments, totaling $7,205. The Marketplace sent to the IRS and to petitioner a 2016 Form 1095−A, Health Insurance Marketplace Statement, which reflected Henry’s coverage information under Blue.

The letter directed her to file a tax return if the form showed she received the benefit of the APTC and complete and attach to the return Form 8962, Premium Tax Credit (PTC), which is used to figure the amount of PTC and reconcile it with the APTC. Henry filed a 2016 Form 1040, U.S. Individual Income Tax Return, reporting or claiming: head of household, one exemption for herself and one dependency exemption for her son, total income (and adjusted gross income (AGI)) of $91,274 (consisting of taxable pensions and annuities of $68,750 and taxable Social Security benefits of about $26,524), itemized deductions, income tax withholding from the pensions, and claimed refund of $5,846.
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The Carrot, The Stick And Heightened FATCA Enforcement On Overseas Americans (Part 1 - Notice 2023-11)

Welcome To 2023 – A Year Of Heightened FATCA Enforcement

On December 30, 2022 US Treasury released Notice 2023-11. The broad purpose of the Notice is to prescribe conditions that would allow non-US banks to temporarily avoid a designation of “significant non-compliance” under the FATCA IGAs. It is important to note that Notice 2023-11 is NOT simply a “stay of execution”. It is a “stay of execution” that is conditional on both non-US banks and their governments participating in a significant escalation of FATCA enforcement on US citizens who live outside the United States.

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Employer Liability for Acts of Employee

Employer Liability for Acts of Employee | Texas Supreme Court Revisits Vicarious Liability, the “Come-And-Go” Rule, and the “Special-Mission” Exception Share this Article

On December 30, 2022, the Texas Supreme Court issued its opinion in Cameron International Corporation v. Martinez, __ S.W.3d __, 2022 WL __ (Tex. Dec. 30, 2022) (per curiam) (“Cameron”). The opinion addresses vicarious liability, the “coming-and-going rule”, and the special-mission exception to that rule, all being important legal concepts for any employer to appreciate.

The issue in the case was whether an oilfield worker acted within the course and scope of his employment when he was involved in a deadly car accident on the way back to a worksite after having dinner with his supervisor and stopping to purchase personal necessities for the worksite.

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How To Ensure Sales Tax Compliance For Your Nonprofit Organization

While nonprofits are generally exempt from paying federal and state income tax, sales tax compliance can be a little more complex. It can be easy to overlook the importance of sales tax compliance in your operations but ignoring it could cause hefty fines and penalties which can put a serious strain on your budget. In this blog post, we share up-to-date sales tax information to ensure your nonprofit organization stays compliant now while avoiding potential issues later.

What Qualifies A Business As A Nonprofit? 

As defined by the National Council of Nonprofits, a nonprofit is an organization that provides a way for people to work together for the common good, transforming hopes and beliefs into actions. If a nonprofit meets certain requirements and is officially granted nonprofit status by the IRS, it will be exempt from paying most taxes to federal and state governments.

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Trusted Tax Professionals

According to research by psychologists, Trust is a central part of any human relationship. Trust is a belief that a person will act and behave in certain ways. Trust in a person means that you have a feeling of confidence and security that you can depend on a particular individual. Trust is the number one characteristic desired in a tax advisor. Trust is what everyone searches for when hiring a tax professional to handle your personal information. Trust is the assured reliance on the character, ability, strength or truth of someone or something. Given challenges in the world today, the most valuable asset you can offer is trust!

Trust takes time to build. Relationships take time to build; finding people you trust is what we search for in our most valued relationships. We are taking this time to identify the people we know who are trusted to do a great job for taxpayers. Taxes are complex today. It is challenging time for tax experts and taxpayers to understand the new tax rules and legislation thrust upon us each year. Taxpayers need access to trusted tax experts in the profession. For the purposes of this blog post, we have three goals:

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50 Projects Taxpayers Pay For In A 1.7 TRILLION Omnibus Bill 2022

50 Projects Taxpayers Pay For In A 1.7 TRILLION Omnibus Bill 2022

Here is who supported the passing of the Omnibus Bill. 

The Bill is more than 4000 pages long and you can read it here.

In the Senate18 Republicans voted to pass the omnibus. They were Senate Minority Leader Mitch McConnell (R-KY) and Sens. Richard Shelby (R-AL), Roy Blunt (R-MO), John Boozman (R-AR), Shelley Moore Capito (R-WV), Susan Collins (R-ME), John Cornyn (R-TX), Tom Cotton (R-AR), Lindsey Graham (R-SC), Jim Inhofe (R-OK), Jerry Moran (R-KS), Lisa Murkowski (R-AK), Rob Portman (R-OH), Mitt Romney (R-UT), Mike Rounds (R-SD), John Thune (R-SD), Roger Wicker (R-MS), and Todd Young (R-IN).

The House Republicans who voted for the omnibus are Reps. John Katko (R-NY), Chris Jacobs (R-NY), Brian Fitzpatrick (R-PA), Fred Upton (R-MI), Rodney Davis (R-IL), Jaime Herrera Beutler (R-WA), Steve Womack (R-AR), Adam Kinzinger (R-IL), and Liz Cheney (R-WY). Upton, Davis, Herrera Beutler, Kinzinger, Katko, and Cheney are not returning to Congress in January, and this was their last vote as lawmakers.

Ocasio-Cortez was the only Democrat to vote no on the Bill.

In a floor speech ahead of last Friday’s vote, House Minority Leader Kevin McCarthy (R-Calif.) called the spending bill “a monstrosity,” adding “that is one of the most shameful acts I’ve ever seen in his body.”

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We have a complimentary eBook gift for everyone today! TaxConnections gifts our loyal readers a compilation of more than 250+ tax jokes, quotes and fun tax forms.

We want to give you something to remind you to take a moment  to enjoy your life with laughter! There are many known health benefits to laughter including: lowers blood pressure, reduces  stress hormones, improves cardiac health, boosts T-Cells, triggers the release of endorphins, and produces a general sense of well-being. Laughing is very good for you!

Request your complimentary copy today:

250+ Best Tax Jokes, Tax Quotes, Fun Tax Forms.

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