Recent content by phrix

Thanks a lot for your answer @Mark Rucken. Apparently they use Form 8822-B to change the responsible party afterwards.

I've heard some people use a US citizen as a nominee to speed up the EIN application proccess. While the IRS doesn't seem to like it (Responsible Parties and Nominees | Internal Revenue Service) it doesn't seem to be illegal. Does anyone of you ever applied for an EIN this way?

Currently doing some research for a friend who wants to establish a Wyoming LLC. I noticed the IRS form 5742 asks for: 1. A foreign taxpayer identification number (FTIN) 2. A country under whose laws the related party files an income tax return While my friend definitely wants to establish a...

Currently doing some research for a friend who wants to establish a LLC. I noticed the IRS form 5742 asks for 1. A foreign taxpayer identification number (FTIN) 2. A country(ies) under whose laws the related party files an income tax return While my friends definitely wants to establish a tax...