Does an expat have to file taxes?
Yes. If you are a U.S. citizen or resident alien, residing locally, overseas or had income while overseas, you have to file a tax return. Your worldwide income is subject to U.S. income tax, regardless of where you reside.
What is an EIN?
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN.
When do you need an EID (Employer Identification Number)?
You will need an EIN if
- you have employees
- you operate your business as a corporation or a partnership
- you file any of these tax returns: Employment, Excise, or Alcohol, Tobacco and Firearms
- you withhold taxes on income, other than wages, paid to a non-resident alien
- you have a Keogh plan
- you involved with any of the following types of organizations
- Trusts, except certain grantor-owned revocable trusts, IRAs, Exempt Organization Business Income Tax Returns
- Real estate mortgage investment conduits
- Non-profit organizations
- Farmers' cooperatives
- Plan administrators
- Bookkeeping /Bookkeeping/Accounting Review - QuickBooks, Peachtree, MYOB
- Payroll/Full Service Payroll - Weekly, Monthly
- Sales Tax Returns
- Taxation/Tax Preparation (all entities) and Advice - Planning & Return Preparation - Individual, Corporate, Estate, Trust, Non-profit, Sales Tax, Payroll
- International Accounting and Tax
- Business Management
- Outside Controller/Outsource CFO Services
- Incorporation Services for different Entities
- Business Valuation
- Financial Planning
- Forensic Accounting
- Technical set-up and support
- Financial Statement Preparation
- Business Consulting, including cash-flow analysis, financial reporting and controls, business process improvements)
- Representation at IRS, State and Local Audits
- Commercial Financing
- Mergers & Acquisition Consulting