Have you started your own business, or are you considering it? Something that is often overlooked in the exciting and sometimes daunting process of starting your business is that there may be licenses and permits that are required for you
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New IRS Filing Requirement for US LLC’s classified as “Disregarded Entities”
In December 2016, final regulations were passed by the IRS requiring foreign-owned US Disregarded Entities, ex. LLC’s, to file an information return, Form 5472, with the IRS. Prior to this change only US entities or foreign corporations, who are engaged
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Update!!! Wyoming Legislatures House Bill 267
Further to the previous updates regarding House Bill (HB) 267. The ACT, relating to corporations and limited liability companies; altering licensing fees for corporations and limited liability companies and providing for an effective date, was originally introduced on January 31,
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NEW ANNUAL DUE DATE for filing Reports of Foreign Bank and Financial Accounts (FBAR)
According to the United States Department of Treasury: 'The new annual due date for filing Reports of Foreign Bank and Financial Accounts (FBAR) for foreign financial accounts is April 15. This date change was mandated by the Surface Transportation and
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UPDATE: Wyoming Legislature Proposes a Tripling of Annual Fees in House Bill 267
from the Secretary of State of Wyoming, Ed Murray. TO: WY Commercial Registered Agents and to the Businesses You Represent FROM: Ed Murray, Wyoming Secretary of State RE: An Update on House Bill
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IRS Streamlined Application for Recognition of Exemption (Form 1023-EZ)
The Internal Revenue Service has lowered the user fee for charities applying for tax-exempt status. On July 1, the IRS decreased the user fee for processing Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal
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Nevada Business Owners (Mandatory Nevada Commerce Tax Filing Requirement)
Every business registered in the state of Nevada, except 501c nonprofit organizations, are subject to the Nevada Commerce Tax and must file the Commerce Tax Return by August 15th 2016, regardless of whether you have a tax liability or not. Information
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New Regulation for Those looking to form a new PC or PLLC in New York
By Frank Orlando Starting March 18th 2015 the New York Department of Education, Office of Professions, implemented new rules/restrictions with reference to the naming of your new professional company. The office of professions will now reject any new submissions if: The
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