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Professional Overseas Contractors

Defense Base Act (DBA) for Military Contractors: 2013

The Defense Base Act (DBA) is an extension of the Longshore and Harbor Workers' Compensation Act (LHWCA) which provides disability compensation and medical benefits to employees and death benefits to eligible survivors of employees of U.S. government contractors who perform work overseas. With a few exceptions, the DBA incorporates the provisions of the LHWCA.

  • Work for private employers on U.S. military bases or on any lands used by the U.S. for military purposes outside of the United States, including those in U.S. Territories and possessions;
  • Work on public work contracts with any U.S. government agency, including construction and service contracts in connection with national defense or with war activities outside the United States;

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According to Fairfield Hughes a CPA with experience in doing taxes for Overseas Contractors,  AEGIS employees who worked in Afghanistan this last tax year has reported there Foreign Tax Credit is not shown on there W-2's for the 2012 tax season.

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Professional Overseas Contractors - www.Your-POC.com
Department Mission Statement -Advance freedom for the benefit of the American people and the international community by helping to build and sustain a more democratic, secure, and prosperous world composed of well-governed states that respond to the needs of their people, reduce widespread poverty, and act responsibly within the international systems.

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IRS has a New Tax Program for Overseas Contractors with Delinquent Taxes. The IRS has recently announced that it’s offering a new ‘tax catch up’ opportunities to American citizens and dual citizens who live abroad. The opportunity is not only limited to tax filing; relief is also offered for late compliance with FBAR (Reports of Foreign Bank and Financial Accounts).  The new procedures are scheduled to come into effect on September 1, 2012.

More details will come, but here is what is already offered by the IRS:

  • The updated procedures will mimic those of the currently active Offshore Voluntary Disclosure Program.

  • Taxpayers will be required to file all back taxes and relevant documentation for the previous 3 years and FBAR reports for 6 years.

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resume-cover-letter

resume-cover-letter

From time to time I randomly read resumes and profiles submitted to our database. What is becoming increasingly apparent is some young professionals simply do not know how to apply for jobs. This is especially true for service members transitioning from the military.

The fundamental lack of understanding of how to sell yourself to a prospective employer could be the problem, so in this article, we are going to focus on your cover letter. Writing a good cover letter is your best shot at getting noticed. If a recruiter dislikes your cover letter, they won’t even look at your resume.

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You don’t get a second chance to make a first impression, so it's vital your CV is as strong as possible. There is no such thing as a standard format, but by applying some simple strategies you can write a winning resume.

A professional resume communicates the positive difference you will deliver for each employer you approach. You should customize your CV to reflect the position you are applying for. Pay attention to keywords in the job description and thoroughly research the company to gain a firm understanding of what they are seeking. Use this knowledge to demonstrate how you’ve successfully handled similar situations.

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When applying for work abroad, make sure that you customize your resume to the given job, ensuring specific skills and regional experiences are addressed properly. The recruiter may not see the link between your attributes and their job, so provide connections in the resume, and also it will be beneficial to include a personal statement to galvanize any important points.

First impressions are very important, especially when looking at work abroad. Overseas recruiters will use this document as a symbol of your presentation and conduct, so make sure that the document is flawless and visually attractive. Don’t go overboard though- simplicity and conciseness are the keys here.

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