Tax

Form W-8BEN-E certifies to a US payer that a foreign entity is not a US person. A US LLC is a US entity, so a foreign individual who owns a single-member LLC signs Form W-8BEN, a foreign company that owns one signs Form W-8BEN-E, and a multi-member LLC or one taxed as a corporation gives Form W-9. This guide shows which form applies and walks through Form W-8BEN-E line by line.

Under $50K profit usually not worth S‑Corp; $60–80K evaluate; $100K+ often saves significant payroll tax after compliance costs.

Many startup and formation costs are deductible, but most must be amortized and the $5,000 break phases out above $50,000.

Your business tax year choice shapes filing deadlines, bookkeeping, and IRS rules; choose the calendar or fiscal year that fits operations.