IRS Rules For Work Visas

IRS Rules For Work Visas

September 30, 2024 01:00 PM EST 90 Minutes

Presented By: Chris DeVany

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Description

Navigating the complex landscape of IRS rules for work visas can be challenging for employers and visa holders alike. This 90-minute webinar will provide a comprehensive understanding of how the U.S. tax code applies to foreign workers on different visa types. Whether you’re an HR professional, a business owner, or a visa holder, this session will equip you with the knowledge you need to stay compliant and avoid costly penalties.

Gain clarity on tax residency status, withholding requirements, reporting obligations, and recent changes in tax laws that impact work visa holders. Join us to ensure you’re up to date with the latest IRS regulations and prepared to handle the tax implications of work visas.

Areas Covered:-

  • Key IRS rules and regulations for work visa holders.
  • Employer tax withholding and reporting obligations.
  • Determining tax residency status for visa holders.
  • Tax treaties and their impact on foreign workers.
  • Recent IRS rule changes affecting visa holders.
  • Best practices for staying compliant and avoiding penalties.

This webinar will provide a clear roadmap for both employers and employees to navigate the complexities of IRS rules for work visas, ensuring compliance and peace of mind.

Webinar Outline:-

  • Introduction to IRS Rules for Work Visas (10 min)
    • Overview of work visa types (H-1B, L-1, O-1, etc.) and how IRS rules apply to them.
    • Tax residency status: Understanding the substantial presence test and exemptions.
  • Tax Withholding & Reporting Requirements (20 min)
    • Employer responsibilities for tax withholding.
    • IRS Form W-4 for visa holders: What you need to know.
    • Special rules for F-1 and J-1 visa holders.
    • Filing deadlines and common mistakes to avoid.
  • Tax Obligations for Work Visa Holders (20 min)
    • Determining tax residency status: Resident vs. Non-resident alien.
    • Tax filing requirements: Forms, deductions, and credits available for visa holders.
    • Tax treaties and how they affect work visa holders.
  • Impact of Recent Tax Law Changes (15 min)
    • Overview of recent IRS rule changes and their impact on work visa holders and employers.
    • Updates to tax credits and deductions for foreign workers.
  • Case Studies & Examples (15 min)
    • Real-world examples of tax compliance challenges for businesses and work visa holders.
    • How companies are managing IRS compliance for their foreign workforce.
  • Best Practices for Compliance (10 min)
    • Strategies for staying compliant with IRS rules.
    • Resources and tools to assist with tax management for foreign workers.
  • Q&A and Final Thoughts (10 min)
    • Open floor for attendee questions.
    • Key takeaways and next steps for ensuring tax compliance.

Why You Should Attend:-

This webinar is crucial for professionals and businesses that deal with work visas in any capacity. You should attend if:

  • You’re an HR professional responsible for managing payroll and tax compliance for foreign workers.
  • You’re a business owner employing workers on visas and need to understand your tax obligations.
  • You’re a foreign worker in the U.S. visa-seeking clarity on your tax residency status and filing requirements.
  • You want to avoid IRS penalties and ensure you comply with tax laws related to work visas.
  • You’re looking for updated information on recent IRS rule changes affecting work visa holders.

 

Know Your Presenter

Chris DeVany is the founder and president of Pinnacle Performance Improvement Worldwide, a firm that focuses on management and organization development. Pinnacle’s clients include global organizations such as Visa International, Cadence Design Systems, Coca-Cola, Sprint, Microsoft, Aviva Insurance, Schlumberger, and over 500 other organizations in 22 countries. He also has consulted with government agencies from the United States, the Royal Government of Saudi Arabia, Canada, the Cayman Islands, and the United Kingdom. He has published numerous articles in the fields of surviving mergers and acquisitions, surviving change, project management, management, sales, team-building, leadership, ethics, customer service, diversity, and work-life balance, in publications ranging from ASTD/Performance In Practice to Customer Service Management. His book, “90 Days to a High-Performance Team”, published by McGraw Hill and often accompanied by in-person, facilitated instruction, has helped and continues to help thousands of executives, managers, and team leaders improve performance. He has appeared hundreds of times on radio and television interview programs to discuss mergers and acquisitions (how to manage and survive them), project management, sales, customer service, effective workplace communication, management, handling rapid personal and organizational change, and other topical business issues. He has served or is currently serving as a board member of the International Association of Facilitators, Sales and Marketing Executives International, American Management Association, American Society of Training and Development, Institute of Management Consultants, American Society of Association Executives, Meeting Professionals International and National Speakers Association. Chris is an award-winning Toastmasters International Competition speaker. He recently participated in the Fortune 500 Annual Management Forum as a speaker, panelist, and seminar leader. Chris has distinguished himself professionally by serving multiple corporations as a manager and trainer of sales, operations, project management, IT, customer service, and marketing professionals. Included among those business leaders are Prudential Insurance, Sprint, BayBank (now part of Bank of America), US Health Care, and Marriott Corporation. He has assisted these organizations in mergers and acquisitions, facilitating post-merger and acquisition integration, developing project management, sales, customer service, and marketing strategies, organizing inbound and outbound call center programs, training and development management and new hires, and fostering corporate growth through creative change and innovation initiatives. Chris holds a degree in management studies and organizational behavior from Boston University. He has traveled to 22 countries and 47 states in the course of his career.