Fast-Track Your EIN: Avoid IRS Delays for Non-U.S. LLCs

Man working at desk surrounded by paperwork while applying for an EIN for a Non-U.S. LLC on his computer.

Introduction If you are a non-U.S. resident looking to start a business in the United States, one of the key steps is obtaining an Employer Identification Number (EIN) for your LLC. An EIN, also known as a Federal Tax Identification Number, is required for various business activities, including opening a U.S. bank account, hiring employees, […]

10 Common Legal Mistakes by Startup Founders (and How to Avoid Them)

Legal mistakes by startup founders - navigating treacherous legal waters as a new business

Building a startup is like navigating uncharted waters. While founders pour their energy into perfecting products and chasing funding, the legal aspects often take a backseat. Unfortunately, these legal pitfalls can sink even the most promising ventures before they truly set sail. Let’s dive into the biggest legal mistakes new businesses make and create a […]

How to Manage a Large Real Estate Portfolio: A Practical Guide for Investors

A high-floor cityscape view showcasing a skyline of modern high-rise buildings, representing large-scale real estate investments.

Managing a handful of rental properties is one thing, but scaling to a large real estate portfolio? That’s when things get interesting (and sometimes overwhelming). Experienced investors who have built portfolios from a single property to dozens of units have learned valuable lessons along the way. This guide shares insights that many wish they had […]

As a European, Which State is the Best to Open an LLC in the USA?

Entrepreneur at desk overlooking mountains and buffalo, considering the best state to open an LLC for Europeans.

Introduction Establishing a Limited Liability Company (LLC) in the USA offers European entrepreneurs a strategic gateway to the expansive American market. The U.S. provides a business-friendly environment, robust legal protections, and potential tax advantages that can be highly beneficial for non-resident business owners. However, the decision of which state to form your LLC in is […]

Do I Need to Issue a 1099 from My LLC? Essential IRS Rules for Contractors & Vendors

Busy man at his desk with stacks of paperwork, working on issuing 1099 forms for contractors and vendors from his LLC.

As a business owner, you may wonder, “Do I need to issue a 1099 from my LLC?” Understanding IRS requirements for 1099 reporting for contractors and vendors is crucial to maintaining tax compliance. Whether you operate as a single-member LLC or a multi-member LLC, failing to issue 1099s correctly could result in penalties. This guide […]