As for identification of persons, there are two different set of identification numbers in the U.S. The first one is the Social Security Number which can be obtained only if the person is a U.S citizen or a Green Card holder or holder of a visa that provides the person with a temporary residency in […]
If you are an ambitious entrepeneur and wish to expand your business to the United States, it is just the time! Forming a company in the U.S. might be a great opportunity as it is one of the largest markets the world. However, forming a company is only one of the first steps in this endavaour. […]
If you are a citizen of the countries that have signed tax treaties with the United States and also meet other requirements, you may be exempt from US income tax for certain personal services perfomed in the US, provided that if you are in the US for a limited period of time. In the above-mentione […]
If you have a Delaware LLC, Corp or Non-Profit Organization, you have to file a tax return correctly and on time. We know that US Non-Resident Tax return can be little complicated if you have no idea how to file 1040NR, 1120, 5472 and other IRS forms. You have to file even if you do not […]
Generally, all types of businesses without looking at their size and the number of employees must get an EIN. Therefore, you are required to have an EIN if you have a company in the US, but in some cases, you may not need to have one at all. EIN is used by the IRS – […]
For non-U.S. resident business owners who run a business in the U.S., taxation might pose a major question. Since taxation is one of many indicators whether the investment in the U.S. is worthwhile, it is essential to understand how the U.S. taxation system approaches non-resident aliens. In the U.S., citizens are not the only ones […]
Following the incorporation of a company, one of the first things to do is probably to obtain a federal tax ID from the Internal Revenue Services (IRS). This federal tax ID for your company, known also as EIN (Employer Identification Number). EIN is a unique, nine-digit number that is assigned to every operating business in […]
First of all, as an individual, you might not need to file a federal income tax return if your income is below a certain amount. However, you need to file a tax return to claim a refundable tax credit or a refund for withheld income tax. You can visit IRS website and find out if […]
Key Points About Filing Taxes for Amazon Sellers Are you Non-US Resident and doing business with Amazon? Or, Do you do dropshipping? Are you wondering if you need to report your earnings from Amazon to the IRS? Here you might find answers to some of your questions. The 1099-K Form With this form, you provide […]
When it comes to starting a business, Delaware has been one of the leading states for more than 100 years. Delaware hosts more than 1 million businesses. 63% of Fortune 500 companies also are in Delaware. Last year, people started more than 145 companies in Delaware, and 70% of these businesses are LLCs. One of […]
You need to do this via IRS; however, this might be a tedious process. We can help you with this process. With only a few clicks, you could apply for Federal Tax ID, and we can handle this tiresome process on behalf of you. For the definition and function of this ID number and for […]
What is a Franchise Tax? Franchise Tax is merely the cost of having a business in Delaware. It is a necessary tax for the companies established in Delaware. It has nothing to do with the actions or the income of your business; it is only required to keep your business operating. When to pay? It […]
Each business established in the U.S. must file annual Tax Return with the IRS. Regarding the needs and demand of our clients, we prepared an “IRS Form 1040 Filing Guide”. Our guide only costs $50. Please feel free to contact us to get our “IRS Form-1040 Filing Guide”. – You can choose one of our […]
How to Get a Tax ID for a Non-US Person? The first thing after starting an LLC in Delaware and getting a ‘Certificate of Formation’ is to apply for a Federal Tax ID Number. It is also known as Employer Identification Number (or EIN) and obtained from the Internal Revenue Service (IRS). A form called […]
“Sales Tax” is always one of the significant questions for business owners in Delaware. Should you collect sales tax when you operate in other states? To answer your questions, you can read our article or contact us via e-mail/phone. Collecting Sales Tax Online If you are operating a business with a physical shop in which […]