Insight

Business and Workforce Operations

Tackling Tax Today

Bob Mischler

Bob Mischler

National Principal-In-Charge, GMS, KPMG US

+1 212-872-3174

Robert Delgado

Robert Delgado

Principal, Compensation & Benefits, Washington National Tax, KPMG US

+1 858-750-7133

Joe Hargrove

Joe Hargrove

Principal, Head of Tax Markets & Services, KPMG US

+1 212-872-5521

Companies need to manage issues of a new work environment, including employees working from home, employer and employee side benefits, in-country permanent establishment/state nexus, loan staff, and others. Find KPMG insights on the related tax considerations and tax planning below. 

Articles – Compensations and benefits

Initial Impressions about Presidential Memorandum on Deferring Payroll Tax Obligations

August 10, 2020

President Trump on August 8, 2020, signed an executive action in the form of a memorandum directing “the Secretary of the Treasury to use his authority to defer certain payroll tax obligations with respect to the American workers most in need.” This report provides initial impressions from KPMG on the memorandum.

Initial Impressions of Additional FAQs on the Employee Retention Credit

April 30, 2020

The IRS on April 29, 2020, released additional “frequently asked questions” (FAQs) on the employee retention credit (ERC) provided by the CARES Act. This report provides initial impressions about these FAQs.

Compensation and Benefits Considerations in a Troubled Economy

March 30, 2020

This article addresses some of the more frequent compensation and benefits tax considerations that can arise during difficult economic times.

Payroll Offsets Using R&D Tax Credits

March 20, 2020

Small businesses may be looking for ways to better manage cash flow and total tax liabilities—in particular given the challenges that U.S. businesses are facing with regard to the COVID-19 pandemic. A section 41(h) election may provide opportunities for eligible small businesses. Under section 41(h), a qualified small business can elect to convert up to $250,000 per year, for up to five years, into payroll offset credits.

Employers Providing Employee Hardship Assistance Related to Coronavirus

March 17, 2020

On March 13, 2020, President Trump declared the coronavirus outbreak to be a national emergency. This declaration not only frees up resources that the federal government may use to address the crisis but also expands the options that businesses have to help employees. This report reviews the options for employer to provide assistance directly or through charities or foundations.

Compensation Benefits Concerns in Uncertain Times—Telecommuting and Other Items

March 15, 2020

Efforts to contain the 2019 novel coronavirus (COVID-19), declared by the World Health Organization as a pandemic, have led many employers (whether voluntarily or pursuant to government action) to change the normal working environment and operating procedures. This report focuses on the initial approaches that employers are taking, such as increased telecommuting, and the resultant tax considerations.

Articles – Global mobility

Considering OECD, Other Country Guidance: FAQs for U.S. Trade or Business or PE

April 23, 2020

This report considers the FAQs released by IRS on April 21, 2020, on determining U.S. trade or business or permanent establishment, providing relief from COVID-19 challenges, in light of OECD and other countries' related guidance.

2020 Mid-Year International Assignee Newsletter – Special COVID-19 Edition

April 9, 2020

This newsletter addresses some key U.S. government initiatives that may have an impact on you, as a U.S. individual taxpayer.

Global Reward and Mobility Considerations Related to COVID-19

April 8, 2020

Organizations are now beginning to consider various reward and mobility issues that my arise in the coming weeks and months. This publication provides a framework to begin evaluating short- and long-term actions.

Podcasts – Global mobility

Mobility via Podcast: Global Mobility Responses to COVID-19

May 7, 2020

Martha Klasing, who leads the KPMG Global Mobility Services (GMS) team in Washington National Tax, sits down with GMS professionals Bob Rothery and Glen Collins to discuss how global mobility functions continue to respond to COVID-19. [14:24 minutes]

Mobility via Podcast: Global Mobility Considerations of COVID-19

April 7, 2020

Martha Klasing, who leads the KPMG Global Mobility Services (GMS) team in Washington National Tax, sits down with GMS professionals Bob Rothery and Glen Collins to discuss the potential implications of COVID-19 on organizations and their assignees. [20:53 minutes]

Webcast replays

Employment Tax Summary

June 11 | Payroll Insights | Review employment tax and telework guidance in response to COVID-19 from state and local jurisdictions | Summary presented in table format with hyperlinks to government websites for additional guidance.

Preparing for the Future

June 9 | A Journey through COVID-19 | Emerge stronger by evaluating and revolutionizing your global mobility program to adapt to the changing world. | A series of 8 articles from the KPMG Global Mobility team.

Employer-related Liquidity

April 3 | Tax Credits, Deferrals, and Efficiencies (COVID-19) | Read about select labor-related CARES Act, Families First Coronavirus Response Act, and COVID-19 National Emergency Declaration triggered tax provisions.

COVID-19 Spot Surveys

Workforce Tax Ramifications

June 18 | Human resources, global mobility, immigration, tax, finance, and legal professionals respond to questions about their organization's response CARES Act tax provisions that affect mobility programs, employees, and family members.

Total Rewards Programs

May 6 | Human resources, compensation and benefits, global mobility and tax professionals respond to questions about the impact of COVID-19 on their organization’s total rewards programs.

Globally Mobile Employees

April 17 | Human resources, global mobility, tax, and relocation professionals respond to questions about how their organization's are addressing the needs of international assignees in light of COVID-19 challenges.

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