The classification of a business relationship may have profound tax consequences. Opting to have your business operating as a C corporation can offer important advantages that a pass-through entity, such…
What Is Cryptocurrency? A cryptocurrency is a digital or virtual currency secured by cryptography, making it almost impossible to imitate or double-spend. Many cryptocurrencies are decentralized networks based on blockchain…
As a general rule, all U.S. citizens and green card holders are required to file a U.S. federal tax return and pay taxes to the IRS, regardless of where in…
Last month, world leaders formally agreed to refit the international tax rules to impose a new global minimum corporate tax on business profits of 15%. The idea behind the deal…
When you start a business, there are several ways to form your company. For instance, you could create a C-Corporation, a Limited Liability Company (LLC), or a Partnership, among other…
France is a famous country for U.S. ex-pats. Whether they are attracted by the vibrant art and culture of Paris, the glamour and the beautiful beaches of the Mediterranean, or…
Yesterday, the House Ways and Means Committee (‘House Democrats’) circulated their proposed tax plan. There are substantial raises in the tax rates, including increasing the tax rates on corporations, investors,…
In April, the Senate Finance Committee (‘Committee’) released an article highlighting changes they plan to make to the current international taxation system. It conveys an effort to begin rewarding companies…
Living and working in China can be a rewarding experience for U.S. citizens, as it is a worldwide center of manufacturing and well-known for its unique culture and beauty. Expats…
When deciding on a structure for your business, an LLC is likely on your list of options to explore. Similar to many other business structures, there are both tax advantages…