Taxes
If a check is made out to me personally and endorse it over to a LLC for deposit, what happens with the 1099 I receive later?
Yours is an interesting question, and much of the answer depends on what kind of LLC you’re forming (or have)....
Is it possible to have an Anonymous Corporation?
While it is possible to have an anonymous company, the truth of the matter is that company must be a...
Do Non-Residents / Non-US Citizens Have to File Income Taxes in the US When They Own an Anonymous LLC?
Question: For non-residents in the US who have a NM LLC, I know it’s a pass-through entity which means my...
Which LLC Needs a FEIN?
Before I begin, please understand that the IRS has many rules that govern FEIN’s, when they are required and the...
Do I have to file income taxes if I have a pass-through entity?
Before I begin, please understand that L4SB is not a CPA firm, nor has CPA’s on staff. Therefore, you will...
How Do You Get Money In and Out of a Parent-Child Anonymous LLC Setup?
I get this question more times than you may think. Before I give you some pointers, please understand that I...
Do I Have to Pay Taxes in the US if I’m not a US Citizen or Resident?
This is a very complicated topic with many nuances we will not be able to cover in a knowledge base...
Tax Status for Companies
Companies in the United States are taxable entities. How they are taxed depends on the designated “tax status”. This “tax...
With foreign ownership of a US-based LLC, with no other nexus to the US, are there any forms to file or taxes to pay in the US?
Question: I am considering forming a LLC in New Mexico or Wyoming with three partners, including myself. None of the...
