Understanding Wage Reporting and Withholding Requirements for Foreign Employees

March 2017 If your business utilizes foreign employees (aka, aliens), it is critical that you correctly comply with IRS regulations concerning payments to foreign workers. Understanding and complying with these regulations is crucial. Still, businesses of nearly every size and scope seem to struggle with correctly reporting these kinds of wages. In particular, there are two common questions that employers with foreign employees must address. These concern whether the employer is required to withhold tax and, if so, which forms should be filed. We will address these issues below. View the full article here.