Refer to Employer ID Numbers for more information.The following form is available only to employers located in Puerto Rico, Solicitud de Número de Identificación Patronal (EIN) SS-4PR PDF. You will only file a tax return to the address above once, when you file Form W-7 to get an ITIN. In subsequent years, when you have …

Who Needs an ITIN or Individual Tax Identification Number? Read More »

We should also be aware of any clauses that might affect our ability to sell or transfer the franchise in the future. Some of the things you’ll need to keep track of include employee scheduling and salaries, rent, utility costs, and raw material costs. Accounting is simply keeping records of financial transactions related to your …

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If the company keeps more of the profit it earns, that allows more resources for growth. This improves several financial ratios that investors use to value the company, such as those that compare the revenues to profits. For more detailed information, consider consulting a tax professional or financial advisor. Additionally, governmental tax websites and reputable …

What Does Interest Tax Shield Mean and How to Calculate it? Read More »