REVIEW OF TAX EQUALIZATION CALCULATIONS and TAX RETURNS DONE FOR CORPORATE EMPLOYEES LIVING AND WORKING OUTSIDE OF THE UNITED STATES.

If you work for a corporation that has sent you to live and work abroad, it probably had you agree to have its CPA firm prepare your personal tax returns and do a tax equilization calculation.


Many corporation employees believe that the tax equalization process has something to do with US tax law. That is NOT correct. When you agree with your employer to a tax equalization procedure it is strictly a contractual agreement between you and your employer. The IRS is not involved and does not care.



Problems Offshore Employees Encountered that we can help you resolve:

  1. The tax equalition formula and procedure is not set forth with any certainty in your employment contract.

  2. The equaliation formula used by your employer's CPA does show a fair adjustment for your particular factual situation.

  3. The equalization calculation is being calculated by a foreign national in India or some other country outside the USA who does not understand US tax laws and the other adjustments that must be done to arrive at a fair and just equiliation adjustment.

  4. The Tax return prepared by your employer's CPA firm may not be correct and needs an independent review.

We will review your employment contract and the equilization procedures and formulas set forth in that document. We will then review the equalization calculation done by your employer's CPA firm and determine if it is fair and just.  We will review the tax return your employer's CPA prepared for you for correctness and accuracy. If we find there are errors or items have been overlooked which might be in  your favor, we will explain those problems to you and your employer and recommend changes be made for your benefit.  If you wish, we will also advocate those findings with your employer and its accountant.

Email us today if you want our help.

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