How to Protect Your Business Idea When Forming an LLC

How to Protect Your Business Idea When Forming an LLC

Hey there future business champs! Tousif Akram here, and today I’m gonna tell you about a super important part of starting my business: keeping my awesome idea a secret! In this world full of cool businesses, protecting your one-of-a-kind idea is like having a magic shield – it helps you win in the long run! So, let me tell you how I made sure nobody stole my secret plan.

Tax Implications for Non-Residents Owning a USA LLC

Tax Implications for Non-Residents Owning a USA LLC

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

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.