Key differences between Social Security Number (SSN) and individual Taxpayer Identification Number (ITIN) Introduction In the United States, identification is important when it comes to filing taxes or availing government benefits. The two most common types of identification used by […]

What is the Article of Organization in LLC Company Registration in USA? Introduction   An Article of Organization is a legal document that is filed with the state to form a Limited Liability Company (LLC) in USA. The articles of organization […]

All you need to know: How to handle IRS audit notice? Introduction Receiving a notice for an IRS tax audit can be an unnerving experience for any taxpayer. However, it’s important to remember that undergoing an audit doesn’t automatically imply […]

ERISA for Employer & Employees: Advantages & Disadvantages Introduction ERISA stands for Employee Retirement Income Security Act. It is a federal law enacted in 1974 that regulates employee benefit plans, including retirement, health, and other welfare benefit plans. ERISA sets […]

What is the impact of ERISA on Welfare Benefit Plans? Introduction The Employee Retirement Income Security Act (ERISA) is a federal law that was enacted in 1974 to regulate employee welfare benefit plans. ERISA’s impact on welfare plans has been […]

What are the mistakes to avoid when applying for an Employer Identification Number (EIN)? Introduction  Filing an EIN application is an important step when registering a Limited Liability Companies in the USA. An EIN is a unique nine-digit number assigned […]

What is the difference between single-member and multi-member LLCs? Introduction Limited Liability Companies (LLCs) have gained popularity as preferred business entities due to their flexibility and limited liability protection. However, understanding the differences between single LLCs and multi LLCs is […]

Understanding the Legal Entity Identifier (LEI) and Tax Identification Number (TIN) Introduction The Legal Entity Identifier (LEI) is a standardized identifier used to provide verified data on legal entities. It is registered within the Global LEI System, a centralized system. […]

Different structure and How to start an Accounting business in the USA? Introduction Accounting is a more diverse profession than many people realise, and it can provide both the stability of a long-term employer and the independence of self-employment. Starting […]