Aug 26,2017 at 02:51 am
Yes, US Citizens have to pay taxes on world wide income even if you are living abroad.
In this scenario, especially we highly recommend that you consult a CPA or a tax professional etc. Certainly not recommended for DIY even if you are generating minimum or no income. They usually have hig...
Aug 25,2017 at 03:36 am
There are many states that have low LLC state filing fees like Arizona, New Mexico, Ohio, Mississippi, Missouri. ($50-$100 range)
However, for most non-residents, Delaware is very popular. This is because of the well-established business law processes & procedures in Delaware...
Aug 25,2017 at 03:13 am
f you are an employee, you can complete the form W4 and hand it over to your payroll department. Your employer will withhold taxes for you.
If you are self-employed or as a 1099 contractor, then you need to calculate your estimated taxes 1040-ES is the form.
Below blog article has l...
Aug 21,2017 at 05:15 am
Did you recently move to a new job? You may be eligible for moving expense deduction if you changed locations or moved into a new home. New home refers to the main home and not a vacation or seasonal home.
Eligible expenses may be claimed as a tax deduction if they pass three tests :
Aug 16,2017 at 04:28 am
Frequently asked question relating to hidden costs of LLC vs Corporations
LLC, in fact, have lower maintenance costs as compared to a C or S Corporation. Corporations may have additional compliances.
Depending on y...