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Global Business Growth Club

1.9k members โ€ข Free

7 contributions to Global Business Growth Club
Accepting cryptocurrency payments and service providers
Anyone has been working with a cryptopayment service provider? Which is best? Upon a quick research I have found Bitpay, Nowpayments, Coingate, Cryptomus and Coinbase. Have not gone deeper on each to know fees and conditions. I am also not sure how are the regulations for a non USA resident WY single member LLC accepting crypto from USA customers and non USA customers. All quite new for me how the USA handles crypto for Biz. As a crypto expert for many years, I know well all can be done in a descentralized way to get paid with zero fee cost (like providing my public address to the buyer on my site for example an receiving a USDT P2P transaction), but I am not sure how I can manage confirming the payment in a more automatic way, unless If I do myself by opening my wallet and checking the transaction to them and proceed with infoproduct delivery. Any comments from the community would be great.
0 likes โ€ข May '24
I don't know about regulations but there's an open source solution to receive payments in BTC: https://btcpayserver.org . Hope it helps.
Dissolving Wyoming LLC
Hello, how to correctly dissolve Wyoming LLC? In the start of the year I should close the LLC with the state and file a Final tax return + FBAR until April 15? In the Final tax return should be all transaction even if they happened in January 2025? Is possible to dissolve a LLC in any part of the year, or only until April 15? Thanks
0 likes โ€ข May '24
What will happen with bank account or broker account you have opened? Should I close everything before file any form? Thanks
Welcome!
Thanks for being here. Please introduce yourself. Tell us where you are from and what you do for business. Marketing, ecom, services, investing? Let us know? Also, what are you looking to get from this group?
0 likes โ€ข May '24
@Sandra Hector I have a SMLLC and my client declined W8-BEN too. What can I do? I think W8-BEN-E is not correct, since the company is a US entity.
Is my income considered FDAP as ECI?
Hello! I'm an alien owner of a SMLLC and I want to start invoice to my client using the company name instead my own. Each month I'll receive a fixed amount from the same client, is it considered an income FDAP as ECI (Effectively Connected Income)? Thanks for your help!
0 likes โ€ข Mar '24
Thanks! My main fear is if they consider that I have to pay taxes, and not notified that I'm not complying with the law. Is it possible?
0 likes โ€ข Mar '24
@Damian Gaitan Great! Thanks!
Tax Supporting Statements Sections V and VI
Hello Friends, i need some clarifcation regarding Capital Distributions and Contributions !? as my understanding all Business Spendings are " Contributions into the Company" all Distributions are the Profit what the Company made and i take out for my self since iยดm a Disregarded Entity !? appreciate your support๐Ÿ™ @Himani Jane maybe you can help with that one ? it would be great to see an example. thanks upfront @all
0 likes โ€ข Mar '24
@Himani Jane Also I think that you can do many "Contributions" as you considers necessary during the life of the LLC.
1-7 of 7
Gustavo Cortez
2
15points to level up
@gustavo-cortez-9277
Software Developer

Active 365d ago
Joined Mar 6, 2024
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