Do I need an ITIN or SSN to open an LLC in the United States?
Not necessarily. At Marin Tax & Accounting Services we help both local residents and international clients register their companies in the U.S. It doesn't matter if you don't have a Social Security Number (SSN): you can register your LLC with just your passport. We also help you obtain your EIN and your ITIN if you need them.
What do I need to open a company in the United States?
Less than you think. Basically you need your company name, your passport or ID, an address, and to choose the state where you'll register it. We handle the entire process: the LLC registration, the EIN, and we guide you through the rest. You don't need to travel, have immigration papers, or an SSN.
Do I have to pay taxes if I work with an ITIN or don't have a Social Security number?
Yes, and it's in your best interest: filing with an ITIN helps you build a track record, qualify for credits, and avoid problems with the IRS. We guide you every step of the way.
How much does it cost to file taxes?
It depends on your situation (personal or business). In your free first consultation we review your case and give you a clear price, with no surprises.
How can I legally pay less in taxes with my LLC?
The key is taking advantage of the business expense deductions allowed by the IRS and choosing the right tax structure for your company. At Marin Tax & Accounting Services we analyze your income and expenses to make sure you deduct every last cent legally allowed in Maryland. We do it for you. Plus, depending on the size of your company, you could save more by being taxed as an S Corporation instead of an LLC, though every case has to be evaluated individually.
What is Certified Payroll and why is it required on government contracts in Maryland?
It's a mandatory payroll report for contractors with state or federal contracts. It requires paying employees the prevailing wage, a specific hourly rate that is mandatory for those types of projects. Once the checks are issued at that wage, the payroll must be reported to the state, and that final report is the Certified Payroll. It's a sensitive matter: these reports can be audited right on the job site, and errors or delays can mean fines, penalties, loss of the contract, or even being barred from future state or federal projects. At Marin Tax & Accounting Services we are experts in Certified Payroll in Maryland: your partner for filing it on time and error-free on your state and federal contracts.
Which state is best for opening my LLC?
It depends on your business. The most popular states for non-residents are Wyoming, Delaware, Florida and New Mexico. We advise you on choosing the best one for you.
Can you do my taxes if I live in another city or state?
Yes. We do your taxes 100% remotely (video call, WhatsApp or email). We prepare federal returns for clients anywhere in the country. We prepare state returns for Maryland (MD), Washington D.C. and Virginia (VA). If you live in another state, we're glad to help you with your federal return.