The tax law often depends on the country in which you reside, regardless of the country from which you operate, except corporate and institutional taxes, as they are subject to the country’s taxes, regardless of the country in which their owners reside
Yes, you should read Do More Faster by Brad Feld and David Cohen from Techstars. It gives you great advice on what to consider when starting your tech company.
Doesnt matter for Federal Income Taxes, Only State Income Taxes. You will have to report the income in the State where you generate the income and reside. So report the income in California. But, If you do conduct business in Montana then you would have to complete a Non-Resident Tax Return.
A Form 8858, "Information Return of U.S. Persons With Respect to Foreign Disregarded Entities" is required to be filed by U.S. persons who are the owners of foreign disregarded entities (FDEs). A foreign corporation with a domestic disregarded entity is considered as FDE. If you are the owner of ...
Generally, the transfer of tangible personal property is the trigger for a sales tax event. In this case, it may be necessary to review the various aspects of a typical transaction to determine if any portion thereof would be subject to sales tax. However, generally speaking, receipts from the sa...
Hi, I'm not in Oregon so you'll need to speak to a local tax expert to verify the details but here is how it works: When you issue points you're creating a liability. You owe something to someone. It's like a gym which sells a one-year membership, they're only supposed to recognize 1/12 of the...
It depends on the type of business product or service. If it is a service basis company, and all the services have been done by the owners in PR, then the income would be not the U.S source of income. International tax is one of my expertise. My tax firm, SBS Tax and Consulting Services, works c...
That is a really ambiguous question - if someone gave you money, it really doesn't matter what you did with it. The money they gave you needs to follow tax laws related to gifting. If you invested that money and made a profit, you need to pay capital gains on your profits unless you have done som...
When I do this I use Elance.com or another similar marketplace. They handle all the logistics and payments through escrow. I've been doing this for years if you want to have a call about it. I have workers all over the world doing different pieces of my businesses and it's quite effective.
If you're a U.S. citizen or resident alien, the laws on income, estate, gift tax returns, and paying estimated taxes are generally similar whether you're in the United States or abroad. Income you receive anywhere in the world is subject to US income tax regardless of where you live. When to app...