How is tax fraud detected?

The vast majority of fraud is detected by four methods: top secret algorithms that evaluate data from every tax return that is filed. Specifics are a very closely guarded secret, but generally they are looking for outliers or patterns that warrant additional investigation more simplistic data matching of numbers that get reported from multiple sources  Read more about How is tax fraud detected?[…]

Is it worth creating an LLC in Delaware while operating an e-commerce business out of New Jersey? What are the pro’s/cons?

Is it worth creating an LLC in Delaware while operating an e-commerce business out of New Jersey?  Answer by Wray Rives: Should you register you startup LLC e-commerce business in Delaware? If you operate the business in New Jersey, you will still have to register the LLC as doing business in New Jersey and pay Read more about Is it worth creating an LLC in Delaware while operating an e-commerce business out of New Jersey? What are the pro’s/cons?[…]

How am I taxed as a non-US resident owning an LLC selling on AMZ?

My answer to How am I taxed as a non-US resident owning an LLC selling on AMZ? Answer by Wray Rives: As a general rule selling on Amazon is considered US sourced income and requires filing a US federal income tax return. In the case of one non-resident owning an LLC that is selling on Read more about How am I taxed as a non-US resident owning an LLC selling on AMZ?[…]