Essential Federal Tax Forms Every US Taxpayer Should Know To Start With, Federal taxes in the United States are filed using specific forms, each designed for a particular purpose. Many taxpayers assume they only need one form, but in reality, […]
Key Considerations for Starting an LLC in the US as a Non-Resident One of the most popular structures for foreign entrepreneurs is the Limited Liability Company (LLC). But how does one navigate through the intricacies related to how to open […]
How to Obtain FormW-7 for an Individual Taxpayer Identification Number (ITIN) Application? Introduction The Internal Revenue Service (IRS) issues Individual Taxpayer Identification Numbers (ITINs) to individuals who need to fulfill their U.S. tax obligations but are not eligible for a […]
Difference between Employer Identification Number (EIN) & Social Security Number (SSN) Introduction When starting a business or hiring employees, there are legal obligations to fulfill, and obtaining the necessary identification numbers is among them. Two commonly used identification numbers are […]
What are the mistakes to avoid when applying for ITIN in the USA? Introduction If you are a non-resident and earn income in the United States, you need to obtain an Individual Taxpayer Identification Number (ITIN) to comply with the […]
5 Key differences between S and C Corporation Introduction A C Corporation is the default designation given to a newly formed company. On the other hand, a C corporation may choose to convert into a S Corporation at anytime if […]
A guide to the “Tax System in the USA” Introduction Federal, state and municipal taxes are the three main types of taxes in the US. The amount of tax that must be paid or withheld is calculated by combining these […]
“How to Start a Sole Proprietorship in the USA?”, Types of Sole Proprietorship Business and Advantages of Setting up a Sole Proprietorship Introduction In the United States, entrepreneurs most often establish sole proprietorships because they are the simplest and most […]
