I am investing 30k in a new business with pre-tax money I made this tax year by way of my sole proprietorship. I'm I able to write this off somehow, besides the 10k for start-ups?? If not I was...
Let's say I already own a LLC (single-member, disregarded entity). Now, I just closed a new business and have a partner in the US, a new LLC will be formed, with two members - my partner and I. I...
I have a startup, active for 2 years. I found a guy and it looks like the best way is to get him a J1 visa. how can my company sponsor a J1 visa for him ?
When I note expenses for tax deductions, the IRS states that assets aren't considered 'assets' until they are in use by the business. As a new business, we have items such as computers, desks,...
Since I am on H1 visa and I am not supposed to work/ contribute directly to my own company, what would be the best way to manage company proceedings. If I plan to hire a manager, who would get...
I know the I-9 document states that the form must be completed in 3 business days of the employee's first day of work. If the employee says they'll provide documentation, but after three days have...
All, I am a cofounder at a startup and we are still in the process of setting up payroll. For the time being, we have estimated taxes and are paying both my cofounder and myself the after-tax...
I am planning to start a branch of my friend's e-commerce website (based in India). I am a USA green card holder, and I want to open a branch in Chicago so that I can trade all across the US. Can...
I'm in the process of launching a matchmaking service that aims to serve a particular ethnic group. I'm wondering if this in any way might constitute discrimination. I know there are countless...
How easy/doable/possible it is for an early small (two man) funded start-up to hire someone how is now working with H1B for another company and we apply for a H1B transfer for him to come join us?
This may sound like a very naive question for a site on Startups, but...how do payroll taxes work? From what I can tell from doing database work at a company they seem to consist of percentages of...
I'm a single member LLC with C-corp taxes in the US, and I just started my entity in January. I'm trying to figure out how/if I report my own capital injections for expenses as regards my taxes. I...
I am currently a resident alien in Virginia. I have been in the US since November 2011 (never left) and I have a J-1 visa, which expires on February 2014. I am going to leave US and go back to my...
My friend and I are currently developing a marketplace for virtual assets. However we are not quite sure how we should set the company up. Do we need only a DBA, or should we go with the LLC route...
Being in the Internet age and all, and only buying and delivering services through the Internet: Should I create a company local to where I live or in some offshore business friendly...
My question concerns the tax implications of distributing profits, if and when the hard work pays off. In my case all of the expenses and income have flowed through my business account (S...
I am on F1 visa. I'm done with my masters and am on my OPT. Can I be a partner in an LLC? What about when I go on H1B. I'm looking to startup in Texas & California both. I tried to look for...
I own a state-classified LLC company and also have an EIN for the business, which was filed on an SS-4 form (Rev. December 2001) as a Type "Other" and noted "disregarded entity". On the SS-4 form...