Incblog for enterpreneurs

Covering entrepreneurship and business start up questions for non-residents and US citizens.

 

Jan 04 2017

IRS Imposes Regulations on Foreign-Owned Single-Member LLCs

by John Gordon | 20:01 GMT

Important Change in How US Treats Foreign-Owned US LLCs Effective January 1, 2017, Limited Liability Companies (LLCs) formed in any state of the United States or the District of Columbia, which are wholly owned by foreign persons and do not elect to be treated as corporations for tax purposes, will become subject to new IRS […]

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Nov 09 2016

Trump Presidency: Effect on Foreigners Establishing US companies?

by John Gordon | 20:11 GMT

It is still too early after the US Presidential election to make firm predictions. It appears that even Donald Trump was surprised to win the election. There is great uncertainty about what future policies will be proposed, what policies will actually be adopted, what the composure of the future cabinet will be, and how well […]

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Mar 01 2016

You’ve Set Up Your Company. Now What?

by John Gordon | 15:03 GMT

Congratulations! You’ve set up your business in the United States and registered it in one of the 50 states. Now what? Here are the next steps for launching your business in the United States.. Getting a Tax ID number If it was not included in your formation package, and you intend to do any business […]

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Feb 01 2016

Are You Putting Your U.S. Business’s Credit Rating at Risk?

by John Gordon | 15:02 GMT

Credit is necessary for the operation of any business. Businesses need credit for a variety of purposes. Suppliers sell goods on credit. Credit is needed to take loans for large purchases like real estate, heavy equipment, vehicles, and manufacturing equipment. Revolving credit is used to manage business operation expenses and cover payroll. Credit doesn’t just […]

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