Serbinski Accounting Firms

I guess your sub-contractor might be a LLC treated as an S corp for tax purposes. As long as this is ture, then, you do not need to 1099 them. You can check it with the subcontractor.1099s are usually issued to individuals, not to businesses such as an S-Corp/ C-Corp. As you said, as long as your EE...

I assume that you are a nonresident alien, NOT a US resident for tax purposes, then, generally, there are no restrictions on foreign ownership of a company formed in the US. It is necessary to understand that you must register not in the country itself but in one of the states and according to the s...

As you can see, you made your R-IRA contributions on an after-tax basis. The benefit of a R-IRA, as opposed to a traditional IRA, is that you do not owe taxes on withdrawals in most instances. In a few cases, however, you would owe regular taxes on a portion of your withdrawal at a rate determined b...