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Setting up an LLC as a Foreign Entity

Looking to start an LLC as a foreigner? Setting up an LLC as a foreign-owned entity is tricky when you don’t have a social security number. Get ahead in the business game and apply as a C Corporation or LLC to receive a U.S. tax ID or ITIN without a social security...

Advantages of an LLC in the US as a foreigner

View the transcript. Is FIRPTA in the way of your gross proceeds from a real estate sale? The US withholds 15% of the gross proceeds of the sale of a foreign-owned property. It’s possible the foreign seller could receive all proceeds back once filed appropriately....

What is FIRPTA | Real Estate Foreign Taxes

View the transcript FIRPTA or the Foreign Investment Real Property Tax Act allows the US to withhold 15% of the gross proceeds of the sale of a foreign sellers’ real estate property. The US requires a foreign seller to file the appropriate taxes in order to receive...

Can I got to Jail for owing back taxes

View the transcript Are your back taxes piling up? If you owe back taxes you could be looking at jail time. For a city or state tax problem it’s rare to serve jail time. However, the state and city will settle your debt by seizing all assets. If you owe a large amount...
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