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I'm considering heading back to Thailand on an education visa and then the year after, ongoing, marriage visa. Neither of these visas give permission to work, but I would be tax resident (staying 180+ days a year). I run a US LLC that sells non-tangible goods online, and I also earn from crypto...

Hi, I'm tracking my US LLC's business activity using Wave accounting. If the IRS were to request my books/accounting records for a given tax year, how would I export that data from Wave in a way that would satisfy the IRS? There's all kinds of different reports that can be generated in Wave, but...

I'm aware that a foreign-owned US LLC has to file forms 1120 and 5472 by April 15th every year to avoid a $25k fine. Filling out form 1120 was very straightforward. Just requires entering the company name and address in the section at the top, the EIN number in section B at the top and also...

Hi all, I'm in the process of setting up accounts tracking for my US LLC. I want to keep it simple and use Wave accounting to track the LLC's only bank account. This way Wave will track all payments in and out and I'll have accurate accounts. BUT I want to take customer payments with Stripe and...

Hi! I am sole owner of a Wyoming LLC that sells digital non-tangible goods (website memberships that stream video content via amazon s3). As the thread title states, I am not a US person, have no offices or warehouses there and have never even visited the US. Should I charge US-based customers...

I have a Seychelles IBC that I formed in Hong Kong through an agent back in 2015. It has a Hong Kong Paypal account in very good standing, but the only bank account I was able to get for it was Wise (and Neat, but that account has since expired, though Paypal still sees the Neat bank account I...

I ran a search for this topic and couldn't find any threads, so I guess it's worth it's own thread. Wyoming offers 2 types of LLC - the standard type that other States offer, plus this other type: a "Close LLC". Wyoming is the only State that offers this other type of LLC. The agent I'll use...

I'm going to form a US LLC to run my business through. Currently the business is being run through my Seychelles IBC that I plan to shut down and replace with the US LLC. The Seychelles IBC currently owns the ecom website and domain that generates my business's income (though actually there's no...

Hey all, I'm from the UK but based in SE Asia, moving around not tax resident anywhere currently. I built and own some online video courses and sell them as memberships on my websites. No physical/tangible product, all digital/online. More than half my customers are based in the US, then the...