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Same as any other entity (or person). Entity pays taxes in it's domicile jurisdiction. Best you talk with a tax preparer in your home country to ensure you have all the details. And... If you're a US citizen + your SAAS company is generating massive cash, likely best to organize your entity in...

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You should charge the 13% based on the fact that your fee will be reflected in your business' taxes or, in the case that you are a sole proprietor, your own income taxes. In Canada, businesses that make or are on target to make more than $30,000 in the fiscal year are required to charge HST.

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There are two main considerations. First, if you are selling products to U.S. residents located in various states, you may be liable to collect state sales tax depending upon the residency of your customers. Second, you may be liable for federal income taxes on your net earnings if it's determi...

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I work on a lot or research and data related work. Based on my past experience, I remember creating a database of top legal firms across the globe for one of my client. I believe there are good numbers of data for Canada as well. If this can help you, I can provide the list and you can connect wi...

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Donations of in-kind services generally cannot be deducted. Donations of in-kind items (clothes, food, computers, etc.) are deductible. But the amount of the deduction is basically up to the donor; they declare the market value of the items. This is obviously very subjective, but there are some ...

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yes, if you have an LLC you probably already have to file quarterly or as per your state's regulations. Regardless of the frequency even if you are making zero sales, zero expenses, etc. you need to report them as the files are due.

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First I'm lot a tax attorney or even know anything about Malaysian tax law. I'm however a person that has moved around a lot and have encounter this situation before. You will must likely have to declare your US income in your home country. However some local tax laws allow for a deduction of fo...

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The income should be reported by the individual or business that provided the service and earned the income. If the 1099 is in your name, you could ask the issuing Company to change to the S-Corp if that is who earned the income. In the future, have a written agreement between your S-Corp and the...

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Unfortunately you have to file your taxes for every year even if you do not have any business activity as well as to comply with your state fillings and the filings for your Secretary of State. You cannot add the activity of 2 years together, there has to be a filing for every year, in this case ...

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You have some useful elements available here for positioning. First thing to understand is you will not "put out your shingle and they will come." There are many tax accountants and most business owners couldn't tell a good one from a bad one. So you must Stand Out. You must also develop a sour...

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