How are foreign partnerships taxed in the US?
A partnership does not pay tax on its income but “passes through” these items to its partners. A USP that owns an interest in a FP may be required to atta...
Category: General
Can I hire someone outside of the US?
In Summary: The U.S. Labor Department, the IRS, the SBA, and U.S. Immigration lawyers all say it is legal for a U.S. company (or any U.S. employer) to hir...
Where does my 20 year old daughter live now?
My 20-year-old daughter got pregnant at university, while living with her boyfriend – they are no longer together. She had to come and live back at the fa...
Which car rental agencies take debit cards?
Dollar. You can use debit cards with a Visa, MasterCard or Discover logo in order to secure any rental you book more than 24 hours in advance. Enterprise....
Can I cancel a new motorcycle purchase?
In general, you cannot return a motorcycle to a private seller after paying them and signing a bill of sale. When you privately buy a motorcycle, you are ...
What are the finance for a startup?
Startups are usually equity financed/funded by way of venture capital/ private equity investors and(or) angel investors. How does start up financing work?...
Would a married couple ever be better off by filing separately?
Though most married couples file joint tax returns, filing separately may be better in certain situations. Couples can benefit from filing separately if t...
How to cancel Platinum Club membership?
Can I cancel my membership? Yes, you may cancel at any time. You simply inform your home club in writing if you wish to cancel your upgrade benefits and t...
Can I use my last check as a W-2?
Can You File Taxes Without a W-2? No, you cannot file a return using your last pay stub. Your last paycheck stub is not guaranteed to be an accurate state...
Can an LLC lend money to another LLC?
Yes, you can lend from one LLC to another LLC. In the example you gave, the LLCs have common ownership & using the default tax presentation proscribed...
