View Our Blog
View Our Blog
14 Answers to the Most Important Questions About the Payroll Protection Program Coronavirus Economic Stimulus/Rebate Check Scams , TIGTA Urges Taxpayers to "Be On High Alert" IRS Coronavirus check for Non-Filers – Register Now Coronavirus check –Use the new tool to check Payment date and Update Direct Deposit Economic Impact Payments Resources Two Proposed Bills Could Cancel Rent & Mortgage While Offering Americans $2,000 per Month
Phone: (918) 928-5810 Email: info@oandgaccounting.com
Success Stories
 close

  • About
  • Service Packages 
    • Monthly Bookkeeping Package
    • Tax Preparation Pricing Package
    • Other Service Packages
    • Entity Formation, Incorporation and Dissolution
    • Video Access
    • Purchase a Service
    • Corporate Transparency Act (CTA) Filing Services
    • proforma-1120-5472-fax-services
  • Service Areas 
    • Certifying Acceptance Agent Services
    • Accounting & Bookkeeping
    • Entity Formation, Incorporation and Dissolution
    • Tax Services
    • IRS Tax Audit, Relief & Resolution
    • Human Resources
  • Resources 
    • IRS Tax Calendar
    • QBI Calculator
    • Blog
    • Tax bulletin updates
    • Taxpayer Advocate Resources – Common Issues Faced by Taxpayers and Helpful Resources
    • IRS Videos on Demand and other Visual Resources
  • Tax Organizer
  • Contact
  • Foriegn Owned US LLC 
    • Choosing Your Business Structure: The Pros and Cons of LLCs
    • The 101 on LLCs: An Overview of Forming, Operating, and Dissolving an LLC
    • Entity What Forms Do Foreign-Owned Single Member LLCs Have to File?
    • 7 Common Questions about Foreign-Owned U.S. LLCs Answered—by a CPA
    • How to File Forms 5472 and 1120 for a Foreign-Owned Single Member LLC
    • Foreign Owners of United State LLC – The Need To File Form 5472 and Form 1120
    • The 12 Most Important Questions about U.S. LLCs Answered—by a CPA
    • Entity Formation, Incorporation and Dissolution
    • Foreign LLC Owners: How to Dissolve Your Delaware LLC with Zero Fees After Closing Your Online Store
    • Non-US Resident Selling E-Books to Japanese Customers through a US LLC: Tax Implications and Whether Form 5472 and 1120 are Required.
    • Forming a US LLC as a Non-US Citizen: Tax Implications and Pitfalls to Avoid When Owning an LLC Through a Low-Tax Foreign Company
    • Non-US Resident with Wyoming LLC: Navigating IRS Forms 5472 and 1120 for Accurate Reportable Transaction Documentation
    • Understanding Tax Implications for Nonresident Aliens with US-Based LLCs Selling Digital Products Abroad: An In-Depth Guide
    • Tax Compliance for Non-Resident Amazon FBA Sellers Operating Under a U.S. LLC: Understanding Your Filing Requirements and Obligations
    • Navigating U.S. Tax Compliance for Foreign Amazon Sellers: Key Considerations and Expert Guidance
    • Mastering U.S. Tax Obligations for Foreign-Owned LLCs: Navigating Income Distribution, Withholding, and Compliance
    • Navigating U.S. Tax Compliance for Foreign Amazon Sellers: Key Considerations and Expert Guidance
    • Tax Compliance for Non-Resident Amazon FBA Sellers Operating Under a U.S. LLC: Understanding Your Filing Requirements and Obligations
    • Understanding Tax Implications for Nonresident Aliens with US-Based LLCs Selling Digital Products Abroad: An In-Depth Guide
    • Non-Resident Owners of Single-Member LLCs and The Complexities of Form W-9 and Form W-8
    • International Money Transfers and Tax Compliance for Non-US Resident Single Member of U.S LLCs
    • Tax Implications for Foreign-Owned Single Member LLCs in the U.S
    • How to Navigate the U.S. Tax System as a Foreign-Owner of U.S Multiple Member LLCs
    • The Complexities of U.S. Taxation for International Entrepreneurs: The Wyoming LLC Dilemma
    • Exploring U.S. Tax Requirements for Nonresident-Owned LLCs
    • Dropshipping & Sales Tax: Can a Wyoming LLC Save You?
    • Ensure your Wyoming LLC stays compliant with US tax laws. Discover the essential steps for filing Forms 5472 and 1120, even with no income
    • Untangle the complexities of ITIN applications for non-US residents. Follow our clear instructions to complete Form W-7, submit required documents, and successfully obtain your ITIN
    • Find the Right CPA for Your Foreign-Owned LLC in New Mexico: Expert Guide for FDEs
    • Finding the Perfect Fit: How Non-US Residents with Wyoming LLCs Can Secure Top-Tier Accounting
    • Winding Down Your Delaware LLC: A Guide for Foreign Owners with No Income
    • Unlocking Tax Compliance for Foreign-Owned LLCs in Wyoming: Your Guide to Forms 5472 and Proforma 1120
    • Get expert help to file Forms 1120 & 5472 accurately and avoid penalties.
    • How to File and Comply with U.S. Tax Laws for a Foreign-Owned LLC that Exports Furniture to the U.S.
    • Canadian Couple Selling on Amazon FBA? Minimize US Taxes & Maximize Credit with LLC vs. C Corp!
    • Own a US LLC as an Offshore Company? Tax & Legal Guide for Foreign Business Owners
    • U.S. Tax Laws for Belgian Couple in Thailand Selling Online Courses and E-Commerce Through a U.S. LLC
    • US Taxes for Foreign LLC Owners: A Simple Guide to Filing & Compliance (2024)
    • 14 Common Questions about Foreign-Owned U.S. LLCs and the Corporate Transparency Act Answered—by a CPA
    • 20 Common Questions about Foreign-Owned U.S. Corporations and the Corporate Transparency Act Answered—by a CPA
    • 17 Common Questions about Foreign-Owned U.S. Multiple Member LLCs and the Corporate Transparency Act Answered—by a CPA
    • 24 Common Questions about Corporations with U.S Owners and the Corporate Transparency Act Answered—by a CPA
    • 24 Common Questions about LLCs with U.S. Owners and the Corporate Transparency Act Answered—by a CPA
    • When Do Foreign-Owned LLCs Pay US Tax? (ECI and USTB)
    • Filing Requirements for Inactive Delaware Single Member LLC Owned by a Non-US Resident
    • How to Structure a U.S. LLC for Nonresident Aliens from Chile?
    • California Sales Tax and Unfiled Federal Returns: A Chinese Entrepreneur’s Dilemma
    • Bulgarian E-commerce on Amazon US: Should You Switch to a US Entity for Tax Optimization?
    • Florida LLC for Amazon FBA (China Imports) with Mixed Membership: Tax Implications for Foreign Members
    • Foreign-Owned Alabama LLCs: Tax Compliance for Amazon & eBay Sellers (FBA/FBM)
    • What are the tax filing requirements and costs for a nonresident alien with multiple Delaware LLCs?
    • Tax Guide for Foreign-Owned US Disregarded Entity Wyoming LLC: Target US or Non-US Clients? (2024 Update)
    • Do I Need to File a U.S. Tax Return for Royalty Income Reported on Form 1042-S with $0.00 Withholding?
    • U.S. Tax Requirements for Foreign-Owned U.S. Single Member LLCs
    • Clarifying U.S. Tax Reporting Requirements for Foreign-Owned LLCs: Exclusive Insights on Form 5472 and Proforma 1120
    • Essential Information Reporting for New Foreign-Owned Single Member LLCs: Understanding Proforma 1120 and Form 5472 Requirements
    • Tax Implications for Non-Resident Alien Investors in U.S. Cryptocurrencies Through a Single Member LLC
    • Essential Financial Management Tips for Foreign-Owned Single-Member LLCs: U.S. Tax Considerations and Best Practices
    • Strategic Responses to IRS Penalties for Late Filing by Foreign Owners of U.S. Single-Member LLCs
    • Understanding Penalties for Late Filing of Proforma 1120 and Form 5472 for Foreign-Owned U.S. Single-Member LLCs
    • Navigating Late Filing of Form 1120 and Form 5472 for U.S. Single-Member LLCs: Understanding Penalties and Compliance
    • Understanding IRS Penalties for Late Filings of Proforma 1120 and Form 5472 for Foreign-Owned Single-Member LLCs
    • Guidance on Handling Form 1099-NEC for Foreign-Owned U.S. Single Member LLCs
    • Understanding U.S. Tax Obligations for Foreign-Owned Single-Member LLCs Providing Services to U.S. Companies
    • Clarifying U.S. Tax Filing Requirements for Foreign-Owned Single-Member LLCs Engaged in Trade or Business
    • How to File an Extension for Proforma Form 1120 and Form 5472 for Foreign-Owned U.S. Single Member LLCs
    • Navigating Delinquent Filing for Foreign-Owned U.S. LLCs: Should You Attach a Reasonable Cause Statement?
    • Does Electing C-Corp Status for Your LLC Affect Your EIN?
    • Guide to Late C Corporation Election for Foreign-Owned U.S. Single-Member LLCs
  • All Things International 
    • Understanding the US-Austria Income Tax Treaty: How It Affects Foreign Business Income
    • What Are the Tax Exemptions for Foreign Persons’ Nonbusiness Interest Income from U.S. Deposits?
    • U.S. Taxation of Foreign Branch Profits A Guide for ACME Inc. (2024)
    • Understanding U.S. Tax Treatment for Foreign Business Entities: A Guide for International Taxpayers
    • Understanding Subpart F Income and Constructive Dividends for U.S. Taxpayers with CFCs
    • U.S. Tax Obligations for Citizens Residing Abroad: Insights from Cook v. Tait
    • U.S. Worldwide Income Taxation: A Foreign Taxpayer’s Inquiry
    • U.S. Taxation of Foreign Source Income for General Partnerships and Individual Owners
    • Understanding U.S. Tax Treaties vs. Internal Revenue Code for Foreign Dividend Recipients
    • Understanding U.S. Tax Treaty Ratification and Resolution of Conflicts with the Internal Revenue Code
    • How the U.S. Taxes Foreign Corporation Profits: A Detailed Example with STOLEWAY CLOTHING, Ltd.
    • U.S. Tax Implications for Canadian Independent Consultants under the U.S.-Canada Tax Treaty
    • Dual Residency Taxation: Navigating U.S. and Jamaican Tax Implications Under the Tax Treaty
    • Dual Residency: U.S. Tax Implications for Corporations under the U.S.-Indonesia Tax Treaty
    • U.S. Tax Exemptions Under the U.S.-Venezuela Tax Treaty for Foreign Workers
  • Success Stories
O&G Tax and Accounting
  • About
    • About Me
  • Service Packages
    • Monthly Bookkeeping Package
    • Tax Preparation Pricing Package
    • Other Service Packages
    • Video Access
    • Purchase a Service
    • Corporate Transparency Act (CTA) Filing Services
    • Did the IRS Incorrectly Deny Your Employee Retention Credit? Our Experts Can Help You Get It Back!
  • Service Areas
    • Certifying Acceptance Agent Services
    • Accounting & Bookkeeping
    • Entity Formation, Incorporation and Dissolution
    • Tax Services
    • IRS Tax Audit, Relief & Resolution
    • Human Resources
  • Resources
    • IRS Tax Calendar
    • QBI Calculator 2023
    • There’s Still Time To claim the 2020 & 2021 Employee Retention Credit (ERC)
    • Blog
    • Tax bulletin updates
    • Taxpayer Advocate Resources – Common Issues Faced by Taxpayers and Helpful Resources
      • Taxpayer Bill Of Rights
        • The Right to Be Informed
        • The Right to Quality Service
        • The Right to Pay No More than the Correct Amount of Tax
        • The Right to Challenge the IRS’s Position and Be Heard
        • The Right to Appeal an IRS Decision in an Independent Forum
        • The Right to Finality
        • The Right to Privacy
        • The Right to Confidentiality
        • The Right to Retain Representation
        • The Right to a Fair and Just Tax System
      • Paying Taxes
        • I can’t pay my taxes
        • I need help resolving my balance due
        • Payment Plans
        • Offer in Compromise
        • Extensions
        • Cancellation of Debt
        • Currently Not Collectible
        • Installment Agreements
        • Self-Employment Taxes
      • Filing Returns
        • Options for Filing a Tax Return
        • Free File Options
        • Consequences of Not Filing
        • Choosing a Tax Return Preparer
        • Tax Return Preparer Fraud
        • Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE)
      • Refunds
        • I don’t have my refund
        • Locating a Refund
        • Lost or Stolen Refund
        • Held or Stopped Refunds
        • Refund Offsets
        • Expediting a Refund
      • Returns Issues And Errors
        • I made a mistake on my taxes
        • Underreported Income
        • Incorrect Tax Return
        • Amending a Tax Return
        • Injured Spouse
        • Identity Theft
      • Interacting With The IRS (Audits, Lien, Levy AND Resolutions)
        • Getting a Transcript
        • I got a notice from the IRS
        • Audits by Mail
        • Audits in Person
        • Audit Reconsiderations
        • Levies
        • Liens
      • Tax Credits
        • Health Care Premium Tax Credit
        • Claiming the Earned Income Tax Credit (EITC)
        • Education Credits
        • Home Credits
      • ITIN And Other General Issues
        • Affordable Care Act (ACA)
        • Health Care Individual Shared Responsibility
        • Coronavirus (COVID-19) Tax Relief
        • Getting an ITIN
        • Getting an EIN
      • Small Business
        • Small Business Health Care
        • Third-Party Arrangements for Employment Taxes
      • International
        • Tax Responsibilities of U.S. Citizens and Resident Aliens Living Abroad
        • Foreign Account Tax Compliance Act (FATCA)
        • Foreign Bank and Financial Accounts (FBAR)
    • IRS Videos on Demand and other Visual Resources
      • IRS Scams and Identity Theft
        • W-2 Scam (Captions & Audio)
        • ASL: IRS Phone Scams (Captions & Audio)-2
        • Avoid Phishing Emails (Captions & Audio)
        • Easy Steps to Protect Your Computer and Phone (Captions & Audio)
        • Tax Scams via Video Relay Service (VRS) (Captions & Audio)
        • Dirty Dozen (Captions & Audio)
      • Tax Return Resources
        • Free Help Preparing Your Tax Return (Captions & Audio)
        • Tax Return Errors-Tips To Avoid Them (Captions & Audio)
        • Making an Appointment for IRS Tax Help (Captions & Audio)
        • Extension of Time to File (Captions & Audio)
        • Tax Filing Status (Captions & Audio)
        • First Time Filing a Tax Return (Captions & Audio)
        • IRS Tax Help for People With Disabilities (Captions & Audio)
        • Choose a Tax Preparer Wisely (Captions & Audio)
        • IRS Tax Calendar (Captions & Audio)
        • IRS2Go Mobile App (Captions & Audio)
      • Rentals and Vacation Homes
        • Renting Your Vacation Home (Captions & Audio)
      • W2, 1099 and Tax Withholding
        • Missing W-2 (Captions & Audio)
      • Individual Tax Credits and Deductions
        • Child Tax Credit and Credit for Other Dependents (Captions & Audio)
        • Earned Income Tax Credit – Get It Right (Captions & Audio)
        • Day Camp and Other Child Care Expenses (Captions & Audio)
        • Mortgage Interest Deduction (Captions & Audio)
        • Education Tax Credits (Captions & Audio)
        • Premium Tax Credit: Changes in Circumstances – Introduction (Captions & Audio)
      • Tax Refunds and Payments
        • Direct Deposit for Your Tax Refund (Captions & Audio)
        • Refund: Claim It or Lose It (captions and audio)
        • Easy Ways to Pay My IRS Taxes (Captions & Audio)
        • When Will I Get My Refund? (Captions & Audio)
        • Estimated Tax Payments (Captions & Audio)
        • IRS Tax Withholding Estimator (Captions & Audio)
        • Owe Taxes But Can’t Pay (Captions & Audio)
      • Taxable and Non-Taxable Income
        • Gambling Winnings and Losses (Captions & Audio)
        • Taxable and Non taxable Income (Captions & Audio)
        • Is Social Security Taxable? (Captions & Audio)
        • Gift Tax (Captions & Audio
        • Miscellaneous Income (Captions & Audio)
      • Retirement Disability and Tax-Free Savings
        • ABLE Accounts (Captions & Audio)
        • Retirement Plan and IRA Rollover (Captions & Audio)
        • IRA/Retirement Plan 60-Day Rollover Waivers (Captions & Audio)
        • FSA Carryover Provision (Captions & Audio)
      • IRS Audits, Collections, Enforcement, Levy and Resolution
        • Wrongful IRS Levy: More Time to Challenge (Captions & Audio)
        • Audits by Mail–What to Do? (Captions & Audio)
        • IRS Letter CP3219A: Statutory Notice of Deficiency (Captions & Audio)
        • IRS Letter CP2000 Proposed Changes to Your Tax Return (Captions & Audio)
        • Need a Payment Plan? Consider Using the Online Payment Agreement Application (Captions & Audio)
        • Private Collection of Overdue Taxes (Captions & Audio)
        • Organizing Files for Correspondence Exams (Captions & Audio)
      • Non-Profit and Exempt Entities
        • Tax Exempt Organization Search (TEOS) (Captions & Audio)
        • Form 1023-EZ (Captions & Audio)
      • Non-Resident Alien Taxation and ITIN
        • Individual Taxpayer Identification Number (ITIN) (Captions & Audio)
      • Physical and Natural Disasters
        • Preparing for Disasters (Captions & Audio)
      • Shared Economy, Side Gigs and Self Employment
        • Your Taxes in the Sharing Economy (Captions & Audio)
        • IRS Small Business Self-Employed Tax Center (Captions & Audio)
      • Marriage, Divorce, Birth, Death and Taxes
        • Changed Your Name After Marriage or Divorce? (Captions & Audio)
      • Business Credit and Deductions
        • Small Business Health Care Tax Credit (Captions & Audio)
        • Meals and Entertainment (Captions & Audio)
        • Employee Achievement Awards (Captions & Audio)
        • Moving Expenses (Captions & Audio)
      • Business, Employment and Payroll Issues
        • Some Taxpayers Can File Their Employment Taxes Annually (Captions & Audio)
        • Received a Letter From the IRS Regarding Form 944 (Captions & Audio)
        • Health Care Law: Information Reporting for Self-Insured Employers (Captions & Audio)
        • Health Care Law: Are You an Applicable Large Employer? (Captions & Audio)
        • Health Care Law: Information Reporting for Employers (Captions & Audio)
        • Health Care Law: Employer Shared Responsibility Payments (Captions & Audio)
      • Depreciation and Amortization
        • 100 Percent First Year Depreciation (Captions & Audio)
    • Youtube Channel Videos
  • Tax Organizer
  • Contact
  • Foreign Owned US LLC
    • Choosing Your Business Structure: The Pros and Cons of LLCs
    • The 101 on LLCs: An Overview of Forming, Operating, and Dissolving an LLC
    • What Forms Do Foreign-Owned Single Member LLCs Have to File?
    • 7 Common Questions about Foreign-Owned U.S. LLCs Answered—by a CPA
    • How to File Forms 5472 and 1120 for a Foreign-Owned Single Member LLC
    • Foreign Owners of United State LLC – The Need To File Form 5472 and Form 1120
    • The 12 Most Important Questions about U.S. LLCs Answered—by a CPA
    • Colorado LLC Formation for Foreign Persons and Foreign Corporations
    • Forms and Filing for Foreign-Owned U.S Multi-Member LLC | Exploring a Case of an Australian-Owned U.S. Partnership
    • Which Tax Forms Do Foreign-Owned U.S. Multi-Member LLCs Have to File?
    • Foreign LLC Owners: How to Dissolve Your Delaware LLC with Zero Fees After Closing Your Online Store
    • Non-US Resident Selling E-Books to Japanese Customers through a US LLC: Tax Implications and Whether Form 5472 and 1120 are Required.
    • Forming a US LLC as a Non-US Citizen: Tax Implications and Pitfalls to Avoid When Owning an LLC Through a Low-Tax Foreign Company
    • Non-US Resident with Wyoming LLC: Navigating IRS Forms 5472 and 1120 for Accurate Reportable Transaction Documentation
    • Mastering U.S. Tax Obligations for Foreign-Owned LLCs: Navigating Income Distribution, Withholding, and Compliance
    • Navigating U.S. Tax Compliance for Foreign Amazon Sellers: Key Considerations and Expert Guidance
    • Tax Compliance for Non-Resident Amazon FBA Sellers Operating Under a U.S. LLC: Understanding Your Filing Requirements and Obligations
    • Understanding Tax Implications for Nonresident Aliens with US-Based LLCs Selling Digital Products Abroad: An In-Depth Guide
    • Non-Resident Owners of Single-Member LLCs and The Complexities of Form W-9 and Form W-8
    • International Money Transfers and Tax Compliance for Non-US Resident Single Member of U.S LLCs
    • Tax Implications for Foreign-Owned Single Member LLCs in the U.S
    • How to Navigate the U.S. Tax System as a Foreign-Owner of U.S Multiple Member LLCs
    • The Complexities of U.S. Taxation for International Entrepreneurs: The Wyoming LLC Dilemma
    • Exploring U.S. Tax Requirements for Nonresident-Owned LLCs
    • Dropshipping & Sales Tax: Can a Wyoming LLC Save You?
    • Ensure your Wyoming LLC stays compliant with US tax laws. Discover the essential steps for filing Forms 5472 and 1120, even with no income
    • Untangle the complexities of ITIN applications for non-US residents. Follow our clear instructions to complete Form W-7, submit required documents, and successfully obtain your ITIN
    • Find the Right CPA for Your Foreign-Owned LLC in New Mexico: Expert Guide for FDEs
    • Finding the Perfect Fit: How Non-US Residents with Wyoming LLCs Can Secure Top-Tier Accounting
    • Winding Down Your Delaware LLC: A Guide for Foreign Owners with No Income
    • Unlocking Tax Compliance for Foreign-Owned LLCs in Wyoming: Your Guide to Forms 5472 and Proforma 1120
    • Get expert help to file Forms 1120 & 5472 accurately and avoid penalties.
    • How to File and Comply with U.S. Tax Laws for a Foreign-Owned LLC that Exports Furniture to the U.S.
    • Canadian Couple Selling on Amazon FBA? Minimize US Taxes & Maximize Credit with LLC vs. C Corp!
    • Own a US LLC as an Offshore Company? Tax & Legal Guide for Foreign Business Owners
    • U.S. Tax Laws for Belgian Couple in Thailand Selling Online Courses and E-Commerce Through a U.S. LLC
    • US Taxes for Foreign LLC Owners: A Simple Guide to Filing & Compliance (2024)
    • 14 Common Questions about Foreign-Owned U.S. LLCs and the Corporate Transparency Act Answered—by a CPA
    • 20 Common Questions about Foreign-Owned U.S. Corporations and the Corporate Transparency Act Answered—by a CPA
    • 17 Common Questions about Foreign-Owned U.S. Multiple Member LLCs and the Corporate Transparency Act Answered—by a CPA
    • 24 Common Questions about Corporations with U.S Owners and the Corporate Transparency Act Answered—by a CPA
    • 24 Common Questions about LLCs with U.S. Owners and the Corporate Transparency Act Answered—by a CPA
    • When Do Foreign-Owned LLCs Pay US Tax? (ECI and USTB)
    • Filing Requirements for Inactive Delaware Single Member LLC Owned by a Non-US Resident
    • How to Structure a U.S. LLC for Nonresident Aliens from Chile?
    • California Sales Tax and Unfiled Federal Returns: A Chinese Entrepreneur’s Dilemma
    • Bulgarian E-commerce on Amazon US: Should You Switch to a US Entity for Tax Optimization?
    • Florida LLC for Amazon FBA (China Imports) with Mixed Membership: Tax Implications for Foreign Members
    • Foreign-Owned Alabama LLCs: Tax Compliance for Amazon & eBay Sellers (FBA/FBM)
    • What are the tax filing requirements and costs for a nonresident alien with multiple Delaware LLCs?
    • Tax Guide for Foreign-Owned US Disregarded Entity Wyoming LLC: Target US or Non-US Clients? (2024 Update)
    • Do I Need to File a U.S. Tax Return for Royalty Income Reported on Form 1042-S with $0.00 Withholding?
    • U.S. Tax Requirements for Foreign-Owned U.S. Single Member LLCs
    • Clarifying U.S. Tax Reporting Requirements for Foreign-Owned LLCs: Exclusive Insights on Form 5472 and Proforma 1120
    • Essential Information Reporting for New Foreign-Owned Single Member LLCs: Understanding Proforma 1120 and Form 5472 Requirements
    • Tax Implications for Non-Resident Alien Investors in U.S. Cryptocurrencies Through a Single Member LLC
    • Essential Financial Management Tips for Foreign-Owned Single-Member LLCs: U.S. Tax Considerations and Best Practices
    • Strategic Responses to IRS Penalties for Late Filing by Foreign Owners of U.S. Single-Member LLCs
    • Understanding Penalties for Late Filing of Proforma 1120 and Form 5472 for Foreign-Owned U.S. Single-Member LLCs
    • Navigating Late Filing of Form 1120 and Form 5472 for U.S. Single-Member LLCs: Understanding Penalties and Compliance
    • Understanding IRS Penalties for Late Filings of Proforma 1120 and Form 5472 for Foreign-Owned Single-Member LLCs
    • Guidance on Handling Form 1099-NEC for Foreign-Owned U.S. Single Member LLCs
    • Understanding U.S. Tax Obligations for Foreign-Owned Single-Member LLCs Providing Services to U.S. Companies
    • Clarifying U.S. Tax Filing Requirements for Foreign-Owned Single-Member LLCs Engaged in Trade or Business
    • How to File an Extension for Proforma Form 1120 and Form 5472 for Foreign-Owned U.S. Single Member LLCs
    • Navigating Delinquent Filing for Foreign-Owned U.S. LLCs: Should You Attach a Reasonable Cause Statement?
    • Does Electing C-Corp Status for Your LLC Affect Your EIN?
    • Guide to Late C Corporation Election for Foreign-Owned U.S. Single-Member LLCs
    • Understanding U.S. Tax Filing Requirements for Foreign-Owned LLCs
    • Navigating U.S. Tax Filing for Foreign-Owned LLCs: Common Questions and Answers
    • U.S. Tax Obligations for Foreign-Owned LLCs: Understanding Economic Nexus, ECI, FDAP Income, and Partnership Filings
    • U.S. Tax Obligations for Foreign-Owned LLCs: A Dialogue Between Client and CPA
    • U.S. Federal Tax for Foreign-Owned Multiple Member LLCs: Royalties, FDAP, and Compliance
    • Understanding U.S. Taxation for Foreign-Owned Single-Member LLCs: Consulting Income and Compliance
    • U.S. Tax Compliance for Foreign-Owned Single-Member LLCs: A Comprehensive Guide
    • Setting Up a U.S. Single-Member LLC for Amazon Sales: A Foreign Business Owner’s Guide
    • Understanding U.S. Tax Filing Obligations for Foreign-Owned Single-Member LLCs: A Case Study with Nikolay
    • Filing IRS Forms 1120 and 5472: A Comprehensive Guide for Foreign-Owned LLCs in the U.S.
    • Federal Income Tax and State Requirements for Foreign-Owned LLCs
    • U.S. Tax Compliance for Foreign-Owned Single-Member LLCs: Essential Filing Requirements and Key Insights
    • U.S. Tax Obligations for Foreign-Owned Single-Member LLCs
    • U.S. Tax Implications for Foreign-Owned U.S. MMLLCs: SaaS and Consulting Services
    • U.S. Federal Tax Obligations for Foreign-Owned LLCs: A Guide for International Entrepreneurs
    • U.S. Federal Tax Obligations for Foreign-Owned LLCs: E-Commerce, Influencer Income, and Crowdfunding Considerations
    • Foreign Owned U.S. LLCs and International Tax Treaties: Avoiding Foreign Withholding Taxes
    • Understanding U.S. Federal Tax Implications for Foreign-Owned Corporations (INC) and LLCs
    • New Mexico Gross Receipts Tax Registration for Foreign LLC Owners: A Case Study
    • Dissolving a Delaware LLC for Foreign Owners: Steps, Filing Obligations, and Final Wrap-Up
    • Filing Obligations for Foreign-Owned Single-Member LLCs: Key Compliance Steps
    • U.S. Federal Tax Obligations for Foreign-Owned LLCs: Essential Guide to ECI, FDAP, and Withholding
    • Filing Proforma 1120 and Form 5472 for Foreign-Owned Single-Member LLCs
    • Federal Filing Requirements for Foreign-Owned Single-Member LLCs Engaged in U.S. Rental Activity
    • Forming a U.S. LLP for Brokerage Investment: Essential FAQs and Tax Guidance
    • Investing in U.S. Markets as a Non-Resident Alien (NRA): FAQs on LLC Formation, Tax Filing, and Compliance
  • All Things International
    • Understanding the US-Austria Income Tax Treaty: How It Affects Foreign Business Income
    • What Are the Tax Exemptions for Foreign Persons’ Nonbusiness Interest Income from U.S. Deposits?
    • U.S. Taxation of Foreign Branch Profits A Guide for ACME Inc. (2024)
    • Understanding U.S. Tax Treatment for Foreign Business Entities: A Guide for International Taxpayers
    • Understanding Subpart F Income and Constructive Dividends for U.S. Taxpayers with CFCs
    • U.S. Tax Obligations for Citizens Residing Abroad: Insights from Cook v. Tait
    • U.S. Worldwide Income Taxation: A Foreign Taxpayer’s Inquiry
    • U.S. Taxation of Foreign Source Income for General Partnerships and Individual Owners
    • Understanding U.S. Tax Treaties vs. Internal Revenue Code for Foreign Dividend Recipients
    • Understanding U.S. Tax Treaty Ratification and Resolution of Conflicts with the Internal Revenue Code
    • How the U.S. Taxes Foreign Corporation Profits: A Detailed Example with STOLEWAY CLOTHING, Ltd.
    • U.S. Tax Implications for Canadian Independent Consultants under the U.S.-Canada Tax Treaty
    • Dual Residency Taxation: Navigating U.S. and Jamaican Tax Implications Under the Tax Treaty
    • Dual Residency: U.S. Tax Implications for Corporations under the U.S.-Indonesia Tax Treaty
    • U.S. Tax Exemptions Under the U.S.-Venezuela Tax Treaty for Foreign Workers
    • Lewenhaupt v. Comm’r: A Landmark Case in U.S. Real Estate Investment and Trade or Business Classification
    • The Lingering Echoes of De Amodio v. Comm’r: A Landmark Case in U.S. Taxation of Foreign Real Estate Activities
    • Dissecting U.S. Tax Implications for Foreign Real Estate Investors: A Deep Dive into De Amodio v. Comm’r
    • Clarifying Trust Income Attribution: Legal Insights from De Amodio v. Comm’r
    • International Tax Collaboration: The Amodio Case and U.S.-Swiss Treaty Dynamics
    • The Ripple Effect of Donroy Ltd. v. United States on Permanent Establishment in Tax Law
    • How Does the U.S. Tax Foreign Partners in a U.S. Partnership?
    • Can U.S. Source Royalties be Exempt from U.S. Income Tax Under a Tax Treaty?
    • The Landmark Case of Donroy, Ltd. v. United States: Understanding the Roles and Responsibilities in Limited Partnerships
    • Does Maintaining an Office in a Home in the U.S. Qualify as Having a ‘Permanent Establishment’?
    • What Constitutes a ‘Permanent Establishment’ in the U.S. for a Nonresident Alien?
    • How Does the U.S. Tax Code Determine if Income Earned by a Foreign Business is Subject to U.S. Taxes?
    • Understanding Taxation of Foreign Business Profits in the U.S.: Insights from the U.S.-Denmark Tax Treaty
    • What are the Basic Criteria for a Nonresident Alien to be Considered Engaged in Business within the United States?
    • How Does the U.S. Tax Code Determine if Income Earned by a Foreign Business is Subject to U.S. Taxes?
    • What are the Key Factors in a Contract that Might Indicate a Foreign Business Has a Permanent Establishment in the U.S.?
    • Can a Foreign Business Owner (Sole Proprietor) Deduct Salary and Interest Paid to Themselves as Business Expenses on Their U.S. Tax Return?
    • Unraveling Form 5471: Mastering Direct, Indirect, and Constructive Ownership
    • Unpacking Form 5471: Navigating Direct, Indirect, and Constructive Ownership in International Tax Compliance
    • Navigating the Complexities of Form 5471: Decoding Direct, Indirect, and Constructive Ownership
    • Form 5471: Understanding Ownership Rules and IRS Compliance in Foreign Investments
    • Decoding Form 5471: A Deep Dive into Direct, Indirect, and Constructive Ownership in International Taxation
    • Decoding Form 5471: Understanding Direct, Indirect, and Constructive Ownership
    • Form 5471: Cracking the Code on Ownership Rules and IRS Compliance
    • Tax Implications for Green Card Holders: Income, Social Security, and Cross-Border Considerations
    • Tax Implications for New U.S. Green Card Holders: Foreign Share Ownership and U.S. Reporting Requirements
    • Understanding U.S. Taxation of Stock-Based Compensation Received by Nonresident Aliens: A Comprehensive FAQ
SCHEDULE CONSULTATION
Single Member LLC

Single Member LLC

2024 LLC Tax Organizer2024 Individual Taxpayer Organizer – Rental2024 Individual Taxpayer Organizer

O&G Tax and Accounting

355 South Teller Street, Suite 204
Lakewood, CO 80226

Visits to the office are strictly by appointment only.

Phone: (918) 928-5810

Email: info@oandgaccounting.com

Recent Posts

Did the IRS Incorrectly Deny Your Employee Retention Credit? Our Experts Can Help You Get It Back! Aug 09, 20240 Comments

DOES Congress Have the Authority to Tax the Undistributed Income of Various Entities at the Shareholder Level? Jun 28, 20240 Comments

Quick Links

  • About
  • Tax Organizer
  • Contact
  • Blog
  • Privacy Policy

Top Country by Clients

Thailand

Philippines

Netherlands

Taiwan

Serbia

Japan

South Korea

Russia

Singapore

Hong Kong

UAE

France

Pakistan

Mexico

Spain

Australia

Argentina

Germany

China

Turkey

United Kingdom

Canada

India

USA

©2025 O&G Tax and Accounting Services

Verified by MonsterInsights