With tax season approaching, many taxpayers are looking to use the services of a tax preparer. The most common professional to provide this service is
Last week, EU finance ministers met to discuss a Danish proposal that would expand the blacklist of tax haven countries. Additionally, the proposal questioned if
In the U.S., business entities are formed on a state level. This means that the taxpayer must choose a state to setup the business. Each
There are several options for filing status when a U.S. person is married to a non-U.S. person. First, the standard method is to file as
The GILTI laws apply to far more taxpayers than expected, require long detailed calculations, and after all that work could likely result in no tax.
In general, there are not any restrictions on foreigners owning U.S. businesses. The corporation, LLC, or other business entity files its formation documents with the
In general, foreign owned businesses are taxed to their U.S. owners as if they were setup in the U.S. Therefore, it is very important to