I'm a freelance consultant (Alian resident) working in U.S. for a foriegn company (has branch office in U.S.) over the internet, should I pay tax and file tax return?
207922
I believe that if you make $600 or more you have to file a 1099.  So probably would be in your best interest to file a return, unless you made less than $600.
44123
I work in several different states each year.  I live in TN but worked in CT and NC last year.  Both states collect income taxes.  I had to file a non-resident state income tax form with each state and will receive a refund for any overpaid ammounts.  Search the state of PA's website and I'm sure you find a link for their tax information.  If you did not work in NY you should not have to pay NY taxes,  HOWEVER, you should check with the state just to be sure.  Hope this helps.
305402
Anyone can do business in US with no requirement to be physically present here. Of course, registration, license etc are required.\n\nGenerally you will need to register in every state where you intend to do "business" (e.g. recruit employees, open shop or other physical presence, not including internet or remote sales). Otherwise it is sufficient to register in a single state out of the 50 states.\n\n(1) Pick a state. Most foreign companies pick Delaware\n\n(2) Get incorporated (either as corporation or LLC etc). \n\nIf you do not want it as a corporation but only as a sole proprietorship, you don't have to incorporate. But you can rent an office in any city, go to that city office and get a business license with that address.\n\n(3) If it is a corporation you will need a separate tax id (Also known as entity identification number). You can telephone IRS and they will assign one. For sole prop you can file taxes with personal income tax. \n\n(4) If you incorporate in Delaware and also keep a physical presence in Delaware you won't need a separate certificate from the DE state. IF you incorporate in Delaware and rent an office space in California, you will need a separate "certificate of qualification" from CA state, as a "foreign corporation" (foreign in the sense of another state, not country). You will pay taxes to CA state and not DE State (Where you pay only franchise taxes for shares and no business income tax).\n\nGenerally companies located overseas incorporate in Delaware, and also open a virtual office in Delaware through "Registered Agent" who helps you incorporate. It costs about $500 for one time incorporation, and a recurring cost of $200 or so each year to maintain legal active status it in Delaware. (Figures are approximate).  OFfice space costs are extra.\n\nThe other alternate would be finding a "partner" company that imports your product and markets it in US.\n\nYou will need to decide if you want to go alone or find a partnering company. \n\nImporting gold may invoke custom duties.\n\nOften each segment of a business US is outsourced to expert companies. Importing company could be different from marketing and sales company.\n\nHope the writeup helps a bit. Good Luck on your plans.
283089
The United States does not tax nonresident aliens on income from personal services performed outside the country, regardless of citizenship or residence.  \n\nSection 871 imposes a tax on investment income and compensation from US sources, and income connected with a trade or business carried on by the individual in the United States.\n\nSection 864 provides that the performance of personal services in the US is considered carrying on a trade or business in the US.\n\nSections 861-862 provide that income from personal services has its source where the services are performed.\n\nBased on all these provisions, your wife should not have income from US sources and should not be subject either to income tax or to social security taxes.  \n\nSometimes it is difficult to get employers to accept this, but these are the rules.  Since the employer is a large company they should have experience with this and you should not have any problems.\n\nIf your wife travels to the US on business, then there is a possibility she would be subject to US tax on the compensation attributable to the time she spends working here.\n\nYou should confirm this advice with your tax advisor.
338705
Depending on the circumstances, (very specific ones) yes. If you are a professional in the finance or banking world it is without a doubt taxable. Further, if it were requested that you find this investor and did so at your friends behest, then that makes you a professional and therefore it is taxable. \n\nThe las is very uncertain in these circumstances for obvious reasons. How can the IRS tell the difference between a gift or loan from a friend, and a finder fee? That being said, if there is a "recombundant pattern" then it will eventually be considered a wage or regular payment. All in all, there is a lot of grey area here...I would suggest speaking with your particular CPA if you have one prepare your taxes, or go over the software your use to determine your exact tax liability.
171460
As a rough rule of thumb, if a company wants to charge you for the privilege of registering / working for them, they are not legitimate!\n\nIf I was you I would avoid them, and save yourself the $29.98!
46484
Not necessarily.  I know a really good tax guy in San Diego.  His website appears below.  If he can't help you, he can get me involved.
54563
They dont really have to send you a 1099 unless they paid you $600 or more.  You could put it on line 21 as other income.  But, the best thing to do is probably to put it on a Schedule C so you can deduct any out of pocket expenses you had associated with that income.  If you put it on Schedule C though you will have to pay Self Employment tax  of 15.3 percemt because you made over $400
126685
It maybe hard for you because there are number of accountants in the US already. If they bring you they'll have to get you a work lisence and major companies try saving as much as possible. What you should do is go to the embassy and get as much info as you can and maybe come on a work permit or visitor then aquire a work permit while here.
59373
Following up on Jason's answer above, yes you will be responsible if you are filing based on I-864. This implies that financial liability can come on you. \n\nFake marriage - same response don't even think about cause you will serve time if they find out and INS has ways to do that. They are a pretty sneaky bunch of people. \n\nSuggestion for your friend is he should approach a good immigration lawyer or try through the company's immigration lawyer. There have been numerous case in my personal knowledge where going through the sponsoring company helps.
426864
I'm not fully sure, but offhand I think the answer here is not a good idea.\n\nThe IRS looks at the line for officer's compensation in comparison to the rest of the return looking for someone trying to take all their compensation out via dividends.\n\nAlthough this isn't your case, I think it would be hard to argue that you are an independent contractor because of your relationship with the company.  Generally, this is a hot button issue with the IRS as many 'think' they can fit into the independent contractor because the definition is really vague.  \n\nIn any case, I'd consult your tax advisor for a look during your tax planning.
89569
It depends on a couple of things.  First if the company is incorporated in that other state then yes you can.  Second if the company is not incorporated in that state, but does business in that state then yes you can.  Lastly if the company is not incorporated and does not do business in that state then you can not.  Also it depends on the contract (if one was signed or agreed to).  If the contract says that it can only be filed in a certain state, then it must be filed in the state that is listed.
414806
you will probably qualify as a partnership, not a Corp (Ther are certain guidelines to both).  You should talk to the small business association to get that information tho.  You are right though, it is mostly about taxes.  If you are a corporation, you are what they call, double taxed, but you are only liable as far as the business itself.  As a partnership, you are liable for everything you own.  Meaning that if someone sues you, they can take everything as a partnership, but the upside is that taxes are lower.
160324
Nope you ned to see the people @ the jobcentre UNLESS you prepared to break the law & do it illegaly - which aint right.  They will give you a temp N.I number to use for employment until you are issued your new one - you pay more tax for a while - which is refunded but looks like you going to have to suffer the wait mate.
546555
You still need to file, and would be better if you do it before they contact you (and if you had income that was reported, they will eventually, by which time you'll owe even more in interest and penalties.\n\nYou should always file even if you don't have the money to pay.  If you can't pay right away, they'll set up a payment plan, and yes, you'll be charged interest.\n\nYou're not going to be in some kind of major trouble, so don't worry about that.  Just go ahead and file, or contact the IRS and tell them your situation.  If they get your return without a check, they'll contact you to set up a plan to pay.
471541
The question is confusing as to the status of the business.  Are you entering into a partnership with this friend or with his company?  Or will you both be working for his company in which case the relationship is not strictly a partnership.\n\nOnce you clarify that there are two aspects to the CIS scheme.\n\nFirst the work you charge for (your turnover).  If all the work you do is for the final customer, such as a householder, then registration is not required.  But if you will work for a contractor (who then charges the customer)  then you, the partnership or the company will need to register as a subcontractor otherwise the contractor will not be able to pay you.\n\nSecondly, will you act as a contractor?  I mean will you take on any self-employed workers?  If so, you will need to register as a contractor and deduct tax from the subbies where necessary.
557504
Check out the irs.com for all forms and instructions.  If you were a US expat working in India, it was right to file. You can just file an amendment and claim refunds.