Understanding FATCA Filing Requirement
The Foreign Account Tax Compliance Act, or FATCA, might seem complicated. This guide on FATCA filing requirement will help you understand.
How to Form a Foreign Owned LLC
Are you a foreign business owner looking to expand into the US market? With over 21 million LLCs in the United States, it’s clear that citizens and foreigners alike love this business structure and the flexibility it provides. In short, setting up a foreign-owned LLC can be an effective and straightforward way to take advantage […]
What You Need to Know About Filing Past-Due FBAR Forms
Taxes are one of the certainties of life – but the laws surrounding FBAR forms and foreign bank accounts are in flux right now. In fact, they’re under review by the Supreme Court. That’s thanks to the case of Bittner v. United States, in which a dual Romanian – U.S. citizen was found to violate FBAR […]
12 Essential Tax Tips For Your Small Business
Did you know that the four main types of business taxes include income taxes, self-employment taxes, employment taxes, and excise taxes? Starting and running a small business can be a daunting task, especially when it comes to navigating the world of taxes. But by familiarizing yourself with a few simple tips, you can take the stress […]
What Is FIRPTA? The Foreign Investment in Real Property Tax Act
Did you know that $59 billion, or 2.6% of all real estate transactions were by foreign persons? If you are a business owner who is looking to invest in property in the United States, then you need to know about FIRPTA. The Foreign Investment in Real Property Tax Act is a law enacted by the United […]