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29 views

Which country to start a business in as an MSB? [closed]

Assuming someone wanted to start a money transmitting business that had US customers, but didn't have the capital to deal with FinCen regulations, which countries would make suitable places to start ...
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1answer
25 views

Can a non-profit entity form a for-profit small business?

Can a non-profit organization with federal tax exempt under section 501(c) form a child commercial company? Of course, the small business is not the main theme of the mother company, just a ...
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2answers
207 views

Help demystifying partnership pass-through taxation

Situation I am in the process of deciding which type of taxation to choose for my LLC. Up until this point I was leaning towards Partnership taxation because that is what LLC For Dummies was ...
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1answer
82 views

I filed C-Corp tax returns as S-Corp will this be a problem?

I incorporated an S Corp using legalzoom services but they just created a C corp for me. I filed my tax returns as an S-corp with the IRS and the state. I had no activities with the company. I want to ...
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2answers
81 views

Tax law benefits?

I am thinking about starting a small charity to help find and support the "untapped Genius" in everyday people or people that might otherwise just end up in a dead end job or unemployed. The concept ...
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2answers
152 views

Sole Developer setting up an offshore company for tax reasons

I am self-employed developer resident in an EU country. Currently working on a product that will be eventually be sold online. Over the years I’ve noticed that several smaller UK software companies ...
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1answer
536 views

What is the difference between PAYG and PAYE?

I am trying to understand the two different tax-system: Pay as you Go and Pay as you Earn. What is the difference between the two?
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2answers
116 views

Deciding on a tax structure

I wish to start a small business and while at first the goal will be to strengthen a community it would be nice to possible make money in the end. A group of us has gotten together to work on this ...
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1answer
92 views

Which state is better to start a partnership startup California or Washington?

My partner and I are in the process of bootstraping a startup. we both are from Southern California. I will soon be moving to Seattle. Now we need to decide where to register our company. can you guys ...