For foreign residents or international citizens involved in US business and earning income from US sources, being compliant with IRS tax laws usually begins with acquiring an ITIN (Individual Taxpayer Identification Number). Certainly, ITIN application can be time-consuming and overly…
Claiming someone as a tax dependent requires you to address certain criteria for them, one of which is assigning them a Social Security Number (SSN). If the SSN criterion does not fit your case, you will most likely have to…
In the U.S, undocumented immigrants confront legal and financial barriers, particularly when it involves accessing services like banking or credit, or even following the tax system. One step that is practical and legally safe for undocumented individuals is applying for…
Understanding U.S. taxes poses a challenge for many foreign national investors and even international students studying in the country. The difficulty stems from the fact that they must apply for an Individual Taxpayer Identification Number (ITIN). They need this unique…
With the growth of the world economy, various international professionals, investors, and other persons are participating in business activities in the United States, which have tax obligations. The most relevant marking in this case is the ITIN, which stands for…
With millions of people all over the globe, the United States provides opportunities for investment, employment, education, and even business. For many of these people, the skeleton of the U.S. financial and tax system remains out of reach simply because…
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…
