Suppose you are a US person starting a business outside the US. In that case, it is crucial that you plan this venture carefully in order to take advantage of all tax benefits available to you that would significantly reduce your tax bill and take advantage of the available credits and deductions whilst ensuring you are in compliance with the reporting requirements as per the IRS and tax codes which can be enormous.

  Direct Tax update International Corporate tax update – Minimum global corporate income tax rate of 15%. One hundred thirty countries and jurisdictions, out of the 139 members of the Organization for Economic and Co-operation Development (OECD), representing more than 90% of global GDP, has joined a new two-pillar plan to reform international tax rules

Do you know that if you at any time during 2020 receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency, such as Bitcoin;  Litecoin, and XRP, or any other digital currencies that are stored in and transacted through designated software, applications, and networks in digital form,  that you would need

The COVID-19 pandemic has devasted millions of people and shattered lives in unimaginable ways, bringing the world to its knees. Companies have collapsed, industries are seeking bailouts, and economies around the globe are in sheer distress. As the COVID-19 pandemic continues, most states have begun lifting the restricted movement with disrupted ecosystems coming back to