EPISODE · May 5, 2026 · 15 MIN
Report: More Americans are quitting their U.S. jobs to work abroad, study finds
from #LegalBytes: The Official Podcast of Cummings & Cummings Law · host Cummings & Cummings Law
Attorney and CPA Chad D. Cummings presents this powerful presentation on the surging trend of American workers moving abroad, with the share of U.S. based employees working overseas more than doubling from 2.7 percent to 6 percent in just five years. Tech professionals are leading the charge, as remote work flexibility and better work life balance offered by foreign employers become increasingly attractive. This presentation explains why business owners must pay close attention, because the state where your company is domiciled still determines your state income tax exposure even if you or your team work remotely or internationally. High tax states like California, New York, New Jersey, and Illinois continue to tax pass through business income at rates up to 13.3 percent regardless of where you actually live and work. Learn how redomestication allows you to legally move your company to Florida or Texas, where there is no state income tax, while keeping the same legal entity, FEIN, contracts, credit history, and bank accounts intact with no new entity formed, no dissolution, and no federal tax consequences. If you own a business and want to protect your income in this new global reality, this presentation shows you the smart, proven solution. Learn more: https://www.cummings.law/redomestication/
What this episode covers
Attorney and CPA Chad D. Cummings presents this powerful presentation on the surging trend of American workers moving abroad, with the share of U.S. based employees working overseas more than doubling from 2.7 percent to 6 percent in just five years. Tech professionals are leading the charge, as remote work flexibility and better work life balance offered by foreign employers become increasingly attractive. This presentation explains why business owners must pay close attention, because the state where your company is domiciled still determines your state income tax exposure even if you or your team work remotely or internationally. High tax states like California, New York, New Jersey, and Illinois continue to tax pass through business income at rates up to 13.3 percent regardless of where you actually live and work. Learn how redomestication allows you to legally move your company to Florida or Texas, where there is no state income tax, while keeping the same legal entity, FEIN, contracts, credit history, and bank accounts intact with no new entity formed, no dissolution, and no federal tax consequences. If you own a business and want to protect your income in this new global reality, this presentation shows you the smart, proven solution. Learn more: https://www.cummings.law/redomestication/
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Report: More Americans are quitting their U.S. jobs to work abroad, study finds
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