August 15, 2011

International non-governmental organizations often face unique financial management and tax concerns for their operations and for employees and contractors who manage their overseas programs. Some considerations that must be taken into account include:

  • Income tax ramifications for individuals working overseas
  • Taxable W-2 allowances
  • Best practices for human resources and payroll staff
  • Qualifications to meet foreign earned income and housing exclusions
  • Reports of Foreign Bank and Financial Accounts (FBAR)
  • Foreign tax credit
  • Problem areas affecting U.S. expatriate staff
Troy Turner, CPA and Kate Fisken of Gelman, Rosenberg & Freedman facilitated a workshop, which provides a comprehensive overview of these issues at the InterAction Forum on Friday, August 12. The workshop presentation, entitled “Best Practices for Management and Individuals Working Overseas,” is now available.