Myths and Realities of USA Business Taxes for Non-Residents

Myths and Realities of USA Business Taxes for Non-Residents

Byakram

Hey there dreamers who want to be their own boss, especially those who live outside the USA! I’m Tousif Akram, and today we’re talking about something that might sound scary: taxes in the USA for people who aren’t American. When I first started my company, FormLLC, everyone scared me with stories about taxes. But guess what? It wasn’t so bad! So, let’s clear things up and see what US business taxes are really like for folks who aren’t from the US.

Tax Implications for Non-Residents Owning a USA LLC

Tax Implications for Non-Residents Owning a USA LLC

Byakram

My name is Tousif Akram, and I run this company, FormLLC. Today, I want to talk about something that was very confusing for me: taxes for people who do not live in the USA but own a US LLC. See, LLC, it’s like a small business, but with some legal protections. When I first started FormLLC, figuring out taxes was my biggest nightmare! But listen, I learned a lot, and I want to share it with you so things are easier.

My Experience — Struggling through the EIN Process: The Tax ID of your Company

Struggling through the EIN Process: The Tax ID of your Company

Byakram

Hi there future leaders of business Hello Friends, This is Tousif Akram and Today I am going to share an important part of my entrepreneurship — Obtaining EIN for your USA LLC. EIN (employer Identification number / Federal tax // Tax ID) — If you operate your business as a corporation or LLC, then this is very important in managing all your taxes and finances. Here is how my journey went down and some insight for you to make this process a whole lot easier.