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How To Correct Withholding When Employee Moves

by The TaxResearchPro Team | Oct 20, 2020 | Business Tax

One of our employees moved during the year out of the city and to the suburbs. As such, they are no longer subject to the city tax and treated as a resident there. How do we correct it from a payroll perspective?

Dividend Withholding Tax For A Foreign Parent

by The TaxResearchPro Team | Aug 6, 2015 | Business Tax

I have a client that is taxed as a domestic C Corporation, but 100% owned by a foreign corporation. Is the domestic corporation required to withhold 5% US income tax on a dividend paid to the foreign parent?

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