In the US, you need to report your income received from third-party payment processors to the IRS through IRS Form 1099-K. That means all the money that you make through online payments, credit cards, or digital platforms like PayPal or Stripe, you need to report it or you will face penalties and audits. Let’s understand … Read more
Whether you’re an individual or a business owner, having a bank account in the U.S. makes managing finances more manageable. While most banks typically require a Social Security Number, some allow non-residents and even particular residents to open bank account without SSN. This blog explains how to do it and explores how company registration in … Read more
Are you confused about the exact role of a registered agent in a limited liability company? To put this out simply, a registered agent for LLC is your business’s official middleman to keep contact with the state government officially. To keep your company in good eyes, they receive crucial legal documents, and tax notices, and … Read more
LLC Tax Return Filing is important to remain compliant with US regulations. Let’s learn all about LLC Tax Returns through this article. Do LLCs in the USA need to file tax returns? Yes, businesses having LLC registration in the USA do need to file tax returns. Even if you are not earning any income from … Read more
To succeed in LLC Business in the USA you must also stay compliant with tax regulations. With LLC Company registration in USA, you get to enjoy flexibility in taxation. Let’s understand all about LLC Taxation and the process to file taxes for business in the USA. Taxation in USA for LLCs Single-Member LLCs Single-Member LLC … Read more
It is hard to imagine that you can save on corporate taxes anywhere in the world. But, you will be amazed to know it is possible to save corporate taxes. Interestingly, you can do so in the USA. In this article, let’s understand how to save corporate taxes and the process to start an LLC … Read more
The IRS is soon stepping into cryptocurrency and DeFi with new rules and regulations. While the new taxation rules aim to bring transparency to crypto transactions, this rule would impact or even defeat the purpose of DeFi systems. Let’s understand why. What is DeFi? DeFi, or decentralized finance is a new way of conducting financial … Read more
USPTO reviews fees, costs, and revenues every two years to ensure the aggregate costs of trademark operations. Recently, The U.S. Patent and Trademark Office (USPTO) is increasing fees for trademark applications and other related services starting January 18, 2025. This means if you want to have trademark registration, don’t waste time and money anymore. Why … Read more
The SaaS industry is one of the most lucrative industries to do business in. If you start a SaaS business right, you can easily scale it. In this article, we will understand the stepwise process for starting a SaaS business. Simple Steps to Start a SaaS Business Step 1: Solve a Real World Problem Your … Read more
Understanding the USA tax implications after registering a company is crucial for entrepreneurs and business owners. The federal, state and local tax laws are stringent on taxes. We’ll highlight the important tax requirements to ensure compliance and see which one is applicable in which situation when you apply for company registration in USA. Types of … Read more