This Tax Season, get the paperwork
in by the deadline, stress-free
Keep your company in compliance with the American Government and avoid extra costs with the help of our specialized team.
Income Tax, State Renewal, and Annual Report, and more – we have plans to make your most important duties with the American government easy to manage.
What is Tax Season?
It is when individuals and businesses must prepare, file, and pay their federal income taxes to the Internal Revenue Service (IRS) regarding the previous calendar year.
What is State Renewal?
Businesses have obligations in the state where they are registered. Annually, entrepreneurs must provide crucial information about ownership and status to government agencies. The deadline can vary from state to state.
Why you can’t miss Tax Season:
Quick Tax Refund
Filing your Tax Return on time is important if you want to get your refund quickly. If you wait too long, it may take even longer to get your money.
Avoid fines and penalties
Submit your Income Tax Return within the established deadlines and enjoy more peace of mind. You can face fines and penalties if you don't file them on time.
Save your hard-earned money
Update your company details or dissolve it during Tax Season to save money. We'll update the changes with the state and IRS without additional charges.
Reporting your taxes on time and with accuracy avoids financial penalties and extra charges for not following the rules.
Essential Plan
Our client’s favorite is designed to prevent problems with delivering your SMB’s declarations to the American Government. We will help you with your company’s main taxes, such as Income Tax and Annual Report.
See everything included in this package
FOR NEW COMPANIES IN THE US
- LLC or Corp Registration (state fees paid separately)
- EIN Application with the IRS
- Post-Formation Documents Templates
FOR EXISTING ENTITIES IN THE US
- State Amendment to update address and Registered Agent
- IRS request to update address
FEATURES
- Virtual Address with mail scanning
- Registered Agent
- Post-Formation Documents
- Compliance Calendar
- Named Account Executive
BOOKKEEPING AND TAX FEATURES
- Call with Tax Advisor
-
Annual Report or Franchise Tax
(State Renewal - state fee is paid separately)
- Business Income Tax Return
BUSINESS DISSOLUTION
If you decide to close your business, we have you covered.
If you decide to close your business, we have you covered.
- State Dissolution (State fee is paid separately)
- Final Income Tax or EIN Cancelation
Scale Plan
The complete package covers all the steps of your US journey, including accounting, with full support from our experts to help you pay less taxes and never miss a deadline. We will monitor your banking transactions, and send monthly reports. You will count on detailed management tailored to your company.
See everything included in this package
FOR NEW COMPANIES IN THE US
- LLC or Corp Registration (state fees paid separately)
- EIN Application with the IRS
- Post-Formation Documents Templates
FOR EXISTING ENTITIES IN THE US
- State Amendment to update address and Registered Agent
- IRS request to update address
FEATURES
- Virtual Address with mail scanning
- Registered Agent
- Post-Formation Documents
- Compliance Calendar
- Named Account Executive
BOOKKEEPING AND TAX FEATURES
- Call with Tax Advisor
-
Annual Report or Franchise Tax
(State Renewal - state fee is paid separately)
- Business Income Tax Return
- Monthly Bookkeeping and Tax Support
- Accounting Software License Included (Xero)
- Sales Tax/Resale Tax Application and Returns
BUSINESS DISSOLUTION
If you decide to close your business, we have you covered.
If you decide to close your business, we have you covered.
- State Dissolution (State fee is paid separately)
- Final Income Tax or EIN Cancelation
Or you can opt for a special package to have our experts handle your company taxes.
How can I get Globalfy’s support?
1
Access the portal.
2
Fill out Tax Season form.
3
Hire one of the plans or tax services separately.
4
Unplug from your worries!
1
Access the portal.
2
Fill out the Tax Season form.
3
Hire one of the plans or tax services separately.
4
Unplug from your worries!
Answers ready to solve your doubts
I didn’t have any transactions last year, should I present taxes?
– To Disregarded Entities/Soles: Yes, you will need to submit an informational declaration, even without transactions. Failure to submit this declaration may result in fines and other penalties.
– To Partnerships: No, you don’t need to file any taxes at the federal level this year.
– To Corps: Yes, you must file a Business Tax Return every year, even without transactions.
– State Renewal is mandatory regardless of transactions
I’m an LLC with 2 or more members. Which forms should I present to the IRS?
It depends! If you didn’t have any transactions: No need to file taxes this year. If your company made transactions but it didn’t have profit: You will only need to file a Business Tax Return, the forms are 1065 and 8804/8805. (The Individuals Tax Returns are optional in this case). If it had transactions and profit: You must file a Business Tax Return, with forms 1065 and 8804/8805, and an Individual Tax Return, with forms 1040NR (K1). The company’s members will need to have an ITIN to file their personal taxes in the US
I have a single-member LLC. Which forms should I present to the IRS?
It depends! If your company didn’t make any transactions: You must file only the Business Tax Return Form 5472. If your company has conducted transactions, you must file a Corporate Tax Return (Form 5472). Additionally, you will need an ITIN to submit the individual forms (1040NR + Schedule C).
I have a Corp but I didn’t have any transactions. Should I file taxes this year?
Yes, C Corps are required to file a tax return annually, regardless of their turnover.
Do I need an ITIN to present the taxes?
All foreign members of LLCs must have an ITIN to file Personal Taxes, that is, Form 1040. Otherwise, they don’t necessarily need to apply. (For example, if they are residents and already have an SSN).
I didn’t have any transactions last year, can I apply for an ITIN?
Yes, you can! However, you are not required to have an ITIN since you won’t need to file Personal taxes.
What is the deadline for me to submit my taxes?
03/15 – Deadline to submit taxes as an LLC Partnership or an S Corp.
04/15 – Deadline to file your declaration as a C Corp, a Disregarded Company, and the Individual Tax Return
What happens if I file my Tax Return late/after the deadline?
It is important to check the tax rules in the country where your business is located and understand what can happen if you delay filing your tax return. If in doubt, always consult a specialist to help you according to your situation. We’re available.