Cladja1
New Member

Deductions & credits

My sitch is a little different, I think. I was born & raised in the US, and work here. My company, of which I am a partner, is the US division of our Austrian company, and is actually completely separate from the Austrian company.  The Austrian company was just purchased by a UK company. The UK company would like to do away with my company and hire me as an independent contractor. How will taxes work?   I work remotely, from NJ. Do I just pay NJ taxes?  Can they hire me as a full-time employee, and if so, would I be eligible for unemployment if my position were eliminated or the company failed?  I have been with my company for over 30 yrs and have been on payroll, so have paid into disability and unemployment all that time.