science

What is a 8288 tax form?

Form 8288. The tax withheld on the acquisition of a U.S. real property interest from a foreign person is reported and paid using Form 8288. If the princip...

Mar 08, 2026 • 0 READS

science

What is the managing member of an LLC called?

If you are member who also has management responsibilities, then you’re a “member-manager.” So, if you’re the head of the LLC, you could correctly refer t...

Mar 08, 2026 • 0 READS

science

Do foreign companies need a federal tax ID number?

There is no requirement that the owners of an entity registered in the U.S. are American citizens or residents of this country. However, all U.S. register...

Mar 08, 2026 • 0 READS

science

What does a notice of award mean?

The Notice of Award (NoA) is the official grant award document notifying the grantee and others that an award has been made. The NoA contains all terms an...

Mar 08, 2026 • 0 READS

science

Why are EIN numbers taking so long?

Direct Impacts on EIN Processing As a result of the U.S. lockdown efforts from March through May of 2020, IRS offices were closed, and not processing EIN ...

Mar 08, 2026 • 0 READS

science

How long does it take the IRS to process the non-filers return?

5 to 10 days If successfully validated, non-filers can expect to receive a paper IRS Verification of Non-filing Letter at the address included in their on...

Mar 08, 2026 • 0 READS

science

Are kids victims of identity theft?

Kids are victims, too. More than 1 million children were victims of identity theft or fraud last year, according to a new report from Javelin Strategy &am...

Mar 08, 2026 • 0 READS

science

Do US employment laws apply to employees overseas?

Federal U.S. employment laws generally apply only to those employees who work in the United States or its territories. There are a few exceptions though, ...

Mar 08, 2026 • 0 READS

science

Does a sole proprietor have a company registration number?

A sole proprietorship is unique because it’s the only business that doesn’t have to register with a state (with CIPC). All other business types – partners...

Mar 08, 2026 • 0 READS

science

What happens if I put the wrong first name on my tax return?

The IRS matches the first 4 letters of your last name with your Social Security Number, if that is incorrect then your return will reject and you can fix ...

Mar 08, 2026 • 0 READS