Year-end Considerations for Domestic and International Payroll
Year-end Considerations for Domestic and International Payroll
WEBCAST

Year-end Considerations for Domestic and International Payroll

Webcast overview:

This KPMG TaxWatch webcast discusses important year- end considerations in the global and domestic payroll/employment tax environment. 

During this webcast, KPMG employment tax and mobility professionals discuss key aspects of the year-end process and address the specific challenges and potential solutions to reporting compensation for your globally mobile workforce as well as your U.S. based employees. We covered topics such as year-end policy and process changes, U.S. and global leading compliance practices, focusing on the following key items:

  • Identification of various compensation sources for your globally mobile work force
  • How to leverage technology to simplify the compensation collection process
  • Leading practices to review and reconcile home and host country compensation
  • How to determine taxability and gross-ups correctly
  • How to implement a communication process with your payroll teams to align domestic and international year-end processes and cut-off dates
  • Capturing taxable fringe benefit amounts for domestic reporting purposes
  • Reconciling merger/acquisition activity at year end
  • Avoiding information reporting pitfalls, e.g. Forms W-2, 1099 MISC compliance

In addition to closing out 2019, we also discussed changes coming in 2020 which should be considered as you go through your year-end close.

This Webcast would be of significant interest to payroll and global mobility professionals, CFOs, human resources directors, CPAs, corporate tax staff, and other business and service providers working on payroll year-end.

Moderator:

Glen Collins

Glen Collins

Senior Manager, Global Mobility Services, KPMG US

Speakers:

Scott Schapiro

Scott Schapiro

Principal, Tax, KPMG US

Kathleen Soderman

Kathleen Soderman

Managing Director, Tax, KPMG US