Big companies are hiring for remote positions that can be performed in any state across the U.S. except one: Colorado. At issue is a new Colorado law that requires companies with even a few employees in the state to disclose the expected salary or pay range for each open role they advertise, including remote positions.
Does Colorado require salary disclosure?
A Colorado law requires employers to disclose their targeted pay range in job postings. Rather than revealing such information, however, some employers are excluding workers in the state from their talent search. Colorado’s Equal Pay for Equal Work Act took effect on Jan. 1.
Where do I work remotely in another state?
One company I contracted with was from Georgia, but the remote work was with their California clients. One contract is with a California company, but I work remotely with their clients in Oregon. Is it different in 2018 from 2019? Thanks! January 23, 2020 6:49 AM I work remotely for a company in another state, from whom I received a 1099-MISC.
What does it mean to work remotely in Oregon?
Note that for employees, this typically means that you create a ratio of days spent in Oregon divided by total work days and apply that ratio to your annual salary, this is reported in Oregon. February 6, 2020 7:35 AM I work remotely for a company in another state, from whom I received a 1099-MISC.
Can a nonresident work remotely in California?
To summarize, working remotely for a California firm as a nonresident has the potential for significant tax savings, but there are important caveats. First, the entire favorable tax treatment of working remotely is based on the assumption that the employee is truly a legal nonresident.
What are the tax implications of working remotely?
If vesting stock options are part of the remote worker’s compensation package, the tax implications of duty days increase astronomically.
