I've set up an LLC company in Wyoming and need a business account in a bank. Can you help me? Also, I'm interested in understanding the tax implications. Specifically, till what amount is there zero tax, and if I earn 150,000 USD per month or more, what taxes will I pay and how often should I provide reports?

June 20th, 2023

My wife applied for a single member LLC in Oregon and paid the fee, but the name hasn't appeared on the Secretary of State's website. Can we still apply for an EIN at the IRS with the same name, and can we open a bank account for the LLC? Should I use our home address for the EIN application if our future business address will be different, and can I be the responsible party for the LLC if I am employed full-time elsewhere?

May 13th, 2024

Can I gift my car to my sister in California, who is not a minor, and still be eligible for tax exemptions in CA?

March 1st, 2024

We are a UK-based video production company and our contractor from Germany is charging us German VAT. Is it correct for him to charge us VAT, and can we recover it since we are based in the UK and not registered for VAT in Germany?

May 9th, 2024

Should I file taxes for my small business that made under $12,000 this year, and if so, what form should I use to report my income?

September 23rd, 2024