Discover the tax reporting responsibilities for Japanese owners of US LLCs. This article provides a detailed explanation of the requirements, procedures, and deadlines for filing Form 5472.

Understand the Corporate Transparency Act (CTA) coming into effect in 2024. An insightful guide on compliance obligations, exemptions, and penalties for non-compliance, targeting new and existing businesses.

A definitive guide to choosing the best business structure for starting a business in the USA. Explore in-depth the characteristics, advantages, and disadvantages of Sole Proprietorships, Partnerships, LLCs, S-Corporations, and C-Corporations, clarifying the ideal conditions for each business type.

Learn about the foreign tax credit for U.S. residents earning income in Japan. Discover the procedures, calculation methods, and essential points to effectively save on taxes.

Explore the taxation intricacies of digital assets in the U.S., covering Bitcoin, virtual currencies, NFTs, and more. Learn about reporting strategies for events like asset sales, exchanges, hard forks, and airdrops. Understand taxable and non-taxable events, and ensure compliance with the latest tax laws and regulations. Accurate record-keeping for digital asset transactions is crucial, and seeking advice from experts for personalized and legal tax planning is recommended.

Explore the U.S.-Japan tax treaty, along with Form W-8BEN and Form 6166, in this comprehensive guide. Clear explanations of tax procedures and the fundamentals of the U.S.-Japan tax treaty are provided in this article.

Explore the ins and outs of home office deductions in the U.S. and learn how remote workers can maximize tax benefits. Discover the eligibility criteria, calculation methods, and essential record-keeping practices to save on your taxes.