Levro has a new partner bank and they invite everyone to transition to them. In the process I am being asked to confirm a tax certification statement. Do I tick the backup withholding box or not? I am a non-US resident with a SMLLC.

Hi, Last month I was running Amazon Ads with my NM LLC for a physical product on the Amazon.com marketplace. I was expecting to see 4.8% gross receipts tax added to my invoice amount. But to my surprise, Amazon Advertising LLC (Seattle, WA) did't add any tax. My invoice address is clearly NM (Albuquerque) and my credit card on file has the same NM address. Don't get me wrong, I am happy about that. 4.8% in the long run make a huge difference in advertising expenses. Just curious about the tax specifics. Any explanation? Cheers

Hi everyone, I am an international Egyptian student on an F1 visa. I just started my IT offshore outsourcing services business as an LLC. From my knowledge, technically from an immigration perspective, I should not be working on the US, which is the case. Most of the business operations are done by other people offshore. And from an IRS perspective, I should not pay taxes since it is not a US trader business since the services are performed offshore. Meanwhile, I have a SSN and part-time campus job. I watched a video of James talking how is it a complicated for a foreign LLC owned by a student in the US since it will be a trader business by somehow. Quite did not understand it. How would me being the owner of the LLC a student in the US make it a US trader business ? Correct me if I am wrong, I cant get an ITIN since I already have a SSN. How would it work out separating paying taxes for my part-time student employment and not paying so for my LLC offshore-operated earned income?

Hey folks, I had applied for Mercury banking account for my e-commerce startup in USA as a background I am from India and I have incorporated my LLC in the state of Wyoming having a physical address and Florida. I don’t understand why they rejected mine. Can someone help me understand why my application was rejected and if someone had their application rejected before what were the steps you took to rectify it and also if anyone suggest me the precautionary measures, I should be taking while resubmitting the application. Thanks in advance.

Here is a win for NSBA members; they won a lawsuit against the CTA, and now their members do not need to file a BOI report! See details here: https://www.nsba.biz/post/press-judge-rules-in-favor-of-nsba-in-lawsuit-over-corporate-transparency-act. The big question is, does this apply to new members? Will other organizations follow along and file a lawsuit? Updated: From a top attorney: According to the decision, if you are member of NSBA, then you don’t have to file BOIR at present. However, once the case runs the appeal process, and it will probably go to Supreme Court, this lower court decision will likely be overturned. Thus, it is probably at best only a delay to filing BOIR, unless miraculously the CTA is found unconstitutional by the Supreme Court, which I think is highly unlikely.