Non-Resident. Wyoming LLC. Stripe and Mercury. US Tax

[Milommm]

Hello everyone.

I have a Wyoming Single-Member LLC, an EIN, a Mercury account, and use Stripe for receiving payments.

I work in the software industry (completely online). Not a resident of the United States.

I earn 300K to 400K USD annually. The income comes from all over the world. Domestic income in the United States may account for 10%.

The following are some questions I have encountered and thought about.

Do I need an ITIN to file future 5472 forms?

I withdraw income from my Mercury account to purchase bonds and stocks in my Schwab securities account every week. Is this compliant? I've heard some people say that this could lead to penalties.

Where should I look for someone who can handle tax issues?

 

[aage]

Milommm said:
I withdraw income from my Mercury account to purchase bonds and stocks in my Schwab securities account every week. Is this compliant? I've heard some people say that this could lead to penalties.
Click to expand...

why would that be a problem, what do they say these people?

 

[Milommm]

aage said:
why would that be a problem, what do they say these people?
Click to expand...

I don't know, this is what they said.

If related parties engage in the following behaviors, they are likely to attract penalties:
Transfer of assets between related parties
Acquisition of property by related parties
Providing loans to related parties
Making payments to related parties for goods or services
Distributing profits to related parties

 

[Daniel V]

Hey Milomm, although i don't have answer to your question, being from the same industry may i ask where do you get your project work from? Is it jobsites online, asian-based, EU-based? Or the real gems are on expats forums? Thanks. Daniel