Have you ever logged into PayPal and suddenly seen a notification asking for a tax form? Relax, you’re not alone. For many online sellers, freelancers, creators, and international founders, this…
That old-school lawyer in the pinstripe suit will tell you the same thing every time: “Before you do anything else, you need to form an LLC.” But here’s what they…
If your partnership includes foreign investors, Form 8805 is the proof of tax withheld on each partner’s share of U.S. business income, effectively connected taxable income (ECTI). Your foreign partners…
When a U.S. partnership involves foreign partners, Form 8804 plays a crucial role in ensuring that foreign partners meet their U.S. tax obligations and reporting compliance. Miss it, or skip…
