by Jerry | Aug 14, 2023 | Legal, Tax
Form 1099 (known simply as a “1099”) is a report, filed annually with the IRS and provided to payees, of payments made to certain payees in the prior calendar year. (A few US states impose similar reporting requirements.) IRS computers match the payments reported by...
by Jerry | Jun 8, 2023 | Legal, Tax
Many UK companies believe, wrongly, that only a US business entity can obtain a US employer identification number (also known as an “EIN” or “FEIN”). Although there are many good reasons to form a US business entity, the need for a US EIN isn’t one of them. Getting a...
by Jerry | Jun 4, 2023 | Business Advice, Tax
In choosing a location for your warehouse or 3PL, there are many non-tax factors to consider. You’ll want to consider, in part, proximity to suppliers and customers, the available transportation infrastructure, and the location’s cost and value. Your warehouse or 3PL...
by Jerry | May 29, 2023 | Tax
As UK companies, our clients are accustomed to the somewhat uniform legal structure found in a unitary, parliamentary monarchy. It’s no surprise, therefore, that our clients are often bewildered by the US’ federal system, in which each state (and often local...
by Jerry | May 21, 2023 | Legal
UK clients accustomed to Companies House reporting are often surprised to learn that, in the US, there is no database – public or otherwise – of the owners of US companies. In the US, the identity of corporate owners (or other persons with significant control) is...
