Appendices
Appendices
United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States
Appendices
Flowchart for determining residency status
Copies of forms 1001, 1040, 1040NR, 1042, 1042S, 5471, 5472, 8300 and TD F 90-22.1
Appendix 2
Forms
1001- Ownership, Exemption, or Reduced Rate Certificate
1040 US Individual Income Tax Return
1040 NR- US Nonresident Alien Income Tax Return
1042 S-Annual Withholding Tax Return for US Source Income of Foreign Persons
1042-Annual Withholding Tax Return for US Source Income of Foreign Persons
5471-Information Return of US Persons With Respect to Certain Foreign corporations
5472-Information Return of a 25% Foreign Owned US Corporation or a Foreign Corporation Engaged in a US Trade or Business
8300-Report of Cash Payments Over $10,000 Received in a Trade or Business
TDF 90-22.1 Report of Foreign Bank and Financial Accounts
Which Tax Deductions Are Available This Tax Season?
Which Tax Deductions Are Available This Tax Season? Tax time has officially started. That means, if you haven’t already, it’s time to gather up all your important tax documents and information. It might also be a good time to hire an experienced accountant. The Tax Cut and Jobs Act will play a huge role in…
Tax Season Means Scam Season: What to Watch for
Tax Season Means Scam Season: What to Watch for Tax season means a lot of things. It means organized taxpayers are already preparing their returns and getting ready for their refunds. It means disorganized taxpayers are scrambling to find everything they need just to start their returns. It means accountants are busy helping both organized…
How the Falling Market Could Help You Save in Retirement
How the Falling Market Could Help You Save in Retirement The falling stock market has been a real downer for most investors to watch. The massive drops, as well as the volatile nature of the market in recent weeks and months, have left many investors trembling. But as with most bad news, there might be…
Your Chances of Being Audited Continue to Decline
What’s the scariest possible outcome of filing your taxes? Almost anyone would answer that question with “being audited.” Being audited by the IRS is never fun. Fortunately, it’s something that most people will never have to experience. The fact is the IRS actually audits very few returns all things considered. Furthermore, the IRS also…