Understanding the essence of an Individual Taxpayer Identification Number is crucial for non-resident entrepreneurs intending to set up, or already running, an LLC, Limited Liability Company, in the United States. A lot of foreign business owners assume that setting up…
As a non-resident or foreign national who needs to comply with American tax laws, there are instances where it becomes compulsory to have an Individual Taxpayer Identification Number (ITIN). When applying for an ITIN, you need to fill out the…
Understanding how taxes work in the United States can be very difficult, especially if you are a foreign national. It does not matter whether you want to invest, set up a business, or are looking to meet your tax obligations;…
If you are a foreign citizen earning an income in the United States, you will most likely require an ITIN (Individual taxpayer identification number) associated with your tax liabilities in the U.S. The good news is that if you follow…
As with any business, bookkeeping for a Software as a Service (SaaS) company goes beyond just keeping financial records. For founders and Chief Financial Officers (CFOs) of SaaS companies, bookkeeping is a competitive advantage; it helps make informed decisions, build…
The digital economy knows no borders. Today, it allows entrepreneurs to set up and manage businesses across countries and continents. Whether you’re selling products online through an e-commerce platform and managing a U.S. LLC while living in India, or serving…
Staying on top of the business’s financial records can be challenging for a small business owner since it can be time-consuming and intricate when balanced with other responsibilities at hand. Affordable online bookkeeping services offer an unparalleled solution in helping…
As an entrepreneur, your time is invaluable, and often spread too thin. From running daily operations to managing employees and planning for growth, it’s understandable why bookkeeping falls off the priority list. If you've neglected your business's financial documentation, don't…
Creating a U.S.-based LLC as a non-resident has become popular due to the added credibility and access to international clients. As remarkable as the advantages are, there are also significant responsibilities that come with them, such as proper record keeping,…
As an entrepreneur in the USA, you wear multiple hats as you balance getting a product to market, marketing, engaging with customers, and managing finances. With limited budgets, most startups cannot consider hiring an in-house bookkeeper. This has led many…
