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  1. kurosaki4d

    EIN taking forever

    Hello Everybody, About a month ago, I created an LLC in the USA through an online service. I also paid extra so they can handle the EIN creation for me. Now, I have to file for the BOIR report, which requires an EIN. I'm wondering if there is a quick way to check directly from the IRS if...
  2. jafo

    The Binance Crackdown Will Be an 'Unprecedented' Bonanza for Crypto Surveillance...

    The Binance Crackdown Will Be an 'Unprecedented' Bonanza for Crypto Surveillance. Binance’s settlement requires it to offer years of transaction data to US regulators and cops, exposing the company—and its customers—to a “24/7, 365-days-a-year financial colonoscopy.” Excerpt: "One attraction...
  3. B

    Tax resident in Canada, earning money in US

    If I get paid by US customers and deposit the cheques in a checking account in a US bank (most notably one that won’t earn $10 in interest per year), will this get reported to the Canadian tax authority? My understanding from the fatca agreement that the two countries have is that as long as the...
  4. BritishSecret

    Ex IRS Agents?

    I was watching a documentary and in it two IRS agents say they don't file federal income tax returns, is this true?
  5. OffshoreMonero

    IRS warns about new $600 threshold for PayPal, Venmo payments

    How is this not an attack on the lower and middle class in the US? What a scam. "Millions of gig workers and sellers that use payment networks like PayPal, Venmo and Zelle look set to get a tax form in the new year that they haven’t received before, unless a corporate lobbying push is...
  6. B

    Crypto vs IRS

    So I'm fairly new to crypto and I'm freaking out about tax season already. I recently spoke to someone who is into several mining projects such as BUSD paycheck, Baked Beans & Drip and all he does is transfer his earnings from his wallet to an exchange and then to his bank account in smaller...
  7. T

    Crypto 2020 taxes USA residence future planning for confiscation; report or not report?

    Hello, new here. As a side note, are there any other places where tax strategies like this can be discussed openly? I haven't really found anywhere I can ask these kind of things? My taxes are due June 15th this year for 2020 tax year. I have yet to report any crypto on any of my taxes. I've...
  8. R

    As an US resident I did everything wrong... how to fix my TAX situation?

    This is my situation: I never declared any taxes ever in my 10+ years of legal residence in the US. I had been relatively poor most of that time, working for my extended family in the US. My bank account had always less than 10K USD and my coinbase account has always had less than 10K USD (until...
  9. S

    Filing LLC Forms to IRS 2021

    Hello, this is the first presentation that I have to do, if someone with experience can contact a CPA or some site that does this or if it is possible to do it yourself the forms 5472 and 1120? or it is necessary to hire a third party, if there are people who have already made their annual...
  10. IBO Panama

    How can I get an ITIN number for non US resident by myself?

    Has anyone used services for ITIN application? Some do not entertain non-residents who does not have any grounds to get an ITIN. I am trying to get an ITIN because I want to open an account in the US as Transferwise closed my account. I have seen some sites where they offer issuing of ITIN for...
  11. Conduit

    Question Has anyone had experience dealing with the IRS-CI?

    I understand that you have to contact them in order to get assets back from enterprises that have been forfeited/seized/shutdown. I have also heard they do a preliminary investigation on the person who requests/claims money that was seized back, does anyone have experience with this agency (IRS...
  12. A

    US Citizen - Offshore Foundation Tax Question

    I'm going to set up an offshore foundation for donation purposes for me and a few others - does anyone know if (since I'm a US citizen) I will still have to file a 990-PF form with the IRS related to this offshore private foundation? On 990s, I know you have to disclose all donors that have...
  13. Jack Dui

    "The age of financial privacy is over" Really?

    In recent time, i see lots of discussion about anonymity issues. They all are talking about IRS, FATCA and #panamaPapers. Over 100 nations have already agreed to provide the IRS with such information, including Germany, France, Spain, Italy, Switzerland, Austria, Sweden, Denmark, and Norway. So...