Oct 04,2017 at 03:32 am
Legal unpaid obligations due within a year will be classified as current liability. Usually, they appear as accrued legal liability or similar.
Also, many times if the expenses were incurred during the financial period but not yet billed, they are classified as accrued legal liab...
Sep 27,2017 at 03:46 am
It depends on the context which is not provided here. I would recommend that if your tax situation is complex, you should schedule time with a CPA or tax professional.
In general, it is usually
- Tax preparation : it means ensuring you file your required tax return on time or not...
Sep 23,2017 at 03:49 pm
It depends based on your long term goals. Sole proprietorship is the easiest to start but has some risk. Your personal assets may be used to pay off your business debts if there are any legal issues.
For this reason, many choose LLCs. There is an additional advantage of incorpora...
Sep 23,2017 at 03:36 pm
In general, first determine if you are a resident alien or non-resident alien.
If you are a non-resident alien, you will need to file form 1040 NR and report your business income. This applies if your business income is directly connected to US Source income.
In order to determine i...
Sep 20,2017 at 06:12 pm
You can choose a registered agent and provide that in your company formation documents. The other option is choosing a mailing address service that collects mails on your behalf, they may also serve as your registered agent eg: Virtual offices
** Based on our response provided on...