If you’re a UK resident who owns a US LLC, you’re in a unique position that offers both opportunity and complexity – especially when it comes to tax, but failing to understand how it’s treated for UK tax purposes can lead to unintended – and costly – consequences.
We’re officially in the thick of tax season and hard at work ensuring that every client’s return is filed with accuracy, care, and on time. Whether you’re an early filer or just now getting your paperwork in order, we’re here to help guide you through the process.
Financial information is what helps you identify whether your business has brought in profits or losses. Without accurate and up-to-date financials, it’s easy to ‘think’ your business is doing well, when in fact it really is in need of some immediate changes to help it stay afloat.
What if, if I miss the deadline for filing taxes accidentally? Well, the IRS provides you with many options to file taxes even if it’s late.
The finance industry took a major hit back in 2020, with many processes being at a stand-still as the majority of businesses went into a work from home mode.
