Knowledge Base
US Law for Founders.
Plain English.
33 expert guides on formation, taxes, banking, and compliance — written for international entrepreneurs, not lawyers.
8 guides in Tax & Compliance
Understanding Federal Tax Obligations for Foreign-Owned
Complete guide to Form 5472, Form 1120, and FBAR for foreign LLC owners. Deadlines, penalties, and filing requirements explained with practical examples.
LLC Owner Distributions: How to Pay Yourself and Keep
When to take owner draws vs. S-Corp distributions (S-Corp only for US citizens and residents), the quarterly estimated tax calendar, the most common commingling mistakes that destroy liability.
S-Corp Election Deep Dive: Form 2553, Reasonable Salary,
For US citizens and residents: the exact Form 2553 filing deadline, how to define a defensible reasonable salary, what running S-Corp payroll actually costs, and the hidden state-level costs. Not available if any owner is a nonresident alien.
LLC Owner Draws and Quarterly Estimated Taxes: Avoiding
How Single-Member LLC owners calculate and pay quarterly estimated taxes (Form 1040-ES), the exact payment deadlines, the underpayment penalty rate, and the.
Single-Member LLC Owner Draws: The Documentation System
How to set up a bulletproof owner draw process for your SMLLC — the 30% tax reserve rule, memo line requirements, draw frequency best practices, and how to.
How to Cut Your US Tax Bill: S-Corp Election, Section
For US citizens and residents: three legal strategies to reduce your US business tax burden — the S-Corp salary/distribution split, the 20% Qualified Business Income deduction, and Section 179. The S-Corp strategy is not available if any owner is a nonresident alien.
How to Pay Zero US Federal Tax on Your LLC as a
The ETBUS test explained, Form 5472 and 1040-NR filing requirements, foreign-source income rules, W-8BEN for US clients, and state selection strategy for.
How Non-Residents Can Obtain an ITIN and Use It for US
A comprehensive step-by-step guide for foreign founders on obtaining an Individual Taxpayer Identification Number (ITIN), including required documents, Form.
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