If you have a Single-Member LLC (1 owner) that is foreign-owned, then you need to file Form 5472 and Form 1120 every year Article published at LLC University® A few important notes: 1. This article is written for non-U.S. residents […]
The 2020 presidential election in the United States, which officially takes place next Tuesday, November 3, has already reached a record of early votes: about 70 million voters voted in advance this year. The number is equivalent to more than […]
Hello! Drummond Advisors is now a partner with NetSuite and is officially licensed to instal and manage NetSuite in Brazil and the United States. Don’t know what NetSuite is? NetSuite is a platform that offers tools to simplify global financial […]
On August 25th, the US Citizenship and Immigration Service (USCIS) announced it would be shutting down its administrative procedures, as a result of the dismissal, for an indefinite period of time, of about 13,000 of its employees (the “USCIS Administrative […]
One of the barriers to internationalization has just fallen: the Ministry of Economy announced, on Monday (17), the definitive shutdown of the Integrated System of Foreign Trade in Services, Intangibles and Other Operations that Produce Variations in Patrimony – Siscoserv. […]
Drummond Advisors’ Tax Department has gathered information on the main tax measures published in recent weeks in Brazil that may affect you and your company. Check out: 1- Changes to the Foreign Trade Declaration – Siscoserv The deadlines for submitting […]
On July 4, President Donald Trump signed the extension to the Paycheck Protection Program, which gives small businesses affected by the pandemic more time to apply for federal credit funds. The amendment extends the deadline for loan applications under the […]
Under the terms of art. 1,078 of the Brazilian Civil Code and art. 132 of Law n. 6,404, popularly known as the “Business Corporations Law”, it is mandatory for corporations to hold an Annual General Meeting (AGM). Regularly, the meeting […]
The H-1B visa, intended to fill technical positions with professionals who have a bachelor’s degree or higher, will undergo changes in the deadline and form of processing in 2020. From now on, H-1B visa applications must first be submitted through […]
The sale or exchange of virtual currencies by individuals or companies, in addition to use in exchange for goods or services or as an investment, generally has tax consequences that may lead to tax obligations. This month (August 2019), the […]