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Registered Agent Services

Registered Agent Service, in short “RA” is a Mandatory requirement for every entity registered in the United States. Registered Agent is responsible for receiving important legal and tax documents on behalf of the business. Types of documents sent to the registered agent include: Tax documents sent by the state’s department of taxation. Service of process (sometimes called notice of litigation), which is the document that initiates a lawsuit; Important mail sent by the state, such as annual reports or statements; Registered Agent Services Registered agent must have a physical address in the state of formation or qualification. Post Office boxes or a private mailbox rented from a company, such as The UPS Store, are not allowed. Registered agent’s address is a matter of public record, which means that anyone has access to it. Top reasons for having a professional registered agent for your business: You’re forming your company in a state where you don’t have a physical location. You are legally required to have a registered agent with a physical address (no P.O. Box) in the state of formation. Using a professional registered agent provider helps you satisfy this requirement. You use a post office box as your business address. You cannot act as the registered agent for your business if you have only a P.O. Box or a private mailbox as your only address. Your company does business in several states. When you qualify your company to transact business in states other than your state of formation, you need a registered agent in each of those states. By using a registered agent service provider, one company is handling this important documentation for you in each state and allowing you to concentrate on your business. Registered Agent Services Registered Agent Service, in short “RA” is a Mandatory requirement for every entity registered in the United States. Registered Agent is responsible for receiving important legal and tax documents on behalf of the business. Types of documents sent to the registered agent include: Service of process (sometimes called notice of litigation), which is the document that initiates a lawsuit; Important mail sent by the state, such as annual reports or statements; Tax documents sent by the state’s department of taxation. Registered Agent Services Registered agent must have a physical address in the state of formation or qualification. Post Office boxes or a private mailbox rented from a company, such as The UPS Store, are not allowed. Registered agent’s address is a matter of public record, which means that anyone has access to it. Top reasons for having a professional registered agent for your business: You’re forming your company in a state where you don’t have a physical location. You are legally required to have a registered agent with a physical address (no P.O. Box) in the state of formation. Using a professional registered agent provider helps you satisfy this requirement. You use a post office box as your business address. You cannot act as the registered agent for your business if you have only a P.O. Box or a private mailbox as your only address. Your company does business in several states. When you qualify your company to transact business in states other than your state of formation, you need a registered agent in each of those states. By using a registered agent service provider, one company is handling this important documentation for you in each state and allowing you to concentrate on your business. Your address changes frequently. It is important to keep the registered agent address updated with the state, but changing it requires a formal state filing and may also require that a fee be paid to the state. If you name yourself as agent, you will be responsible for undertaking this process to keep your address current. By using a registered agent service provider, you never have to worry about this. Your business is home-based. As previously mentioned, the registered agent address is a matter of public record. That means anyone, including marketers, can access it. It is not uncommon for the registered agent to receive a lot of “junk mail” for the business. Using a registered agent provider can reduce the amount of unsolicited mail your business receives. You prefer to keep business activities private. When a company receives a service of process, this document is often delivered by local law enforcement. Most business owners do not want the sheriff to show up in front of customers, employees or neighbors (as in the case of home-based businesses) and serve them notice that their company is being sued. Using a professional registered agent ensures you receive any service of process discreetly. You don’t maintain normal business hours. The registered agent for a business must be available during normal business hours to accept important documents as they are delivered. If you set your own hours, you may wish to consider using a professional provider, so that you never miss these important communications. You do not have a permanent work site. If your business requires you to move around frequently, for example an electrician who is making service calls all day, using a registered agent service provider ensures that important documents will still reach you and your business. You want one less thing to worry about. Running your company is challenging enough without personally handling the necessary minutia. A professional registered agent can often help you by providing online access to your accounts and important documents and assisting with the annual filings states impose on corporations and LLCs.

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Self Directed IRA

Self Directed IRA ASelf Directed IRA is an IRA that allows you to buy or invest in things other than Mutual Funds, Stocks and Bonds. Self Directed also means that the custodian is merely a holding bank account for your retirement funds and you have to “Direct” them to buy or invest in the Asset you want to hold in your retirement account. The “Direction” for the custodian, i.e., you tells the custodian what to do, what to expect. If you have specific knowledge about some area that makes money then you can profit from that in your IRA. There is very little that you cannot invest in with IRA funds. A self-directed IRA is technically no different than any other IRA. A self directed IRA is unique because of the available investment options. Most IRA custodians only allow approved stocks, bonds, mutual funds and CDs. A truly self directed IRA custodian, allows those types of investments in addition to real estate, notes, private placements, tax lien certificates and much more. What are the benefits of a self-directed IRA over a Traditional IRA and a Roth IRA? There are only two types of IRA’s, Traditional and Roth IRA. Either can be Self Directed. In addition to the tremendous IRA benefits (tax-free profits, tax deductions, asset protection and estate planning), you will be able to invest tax-free in investments that you know and understand, which through the power of compounding interest, will create true wealth for you and your family. The reason you want to Self Direct your IRA is so that you can use your specific knowledge to help your retirement account grow instead of relying on others opinions and management skills. A Traditional IRA is best for people who need an immediate tax break or expect their income-tax rate to be lower at retirement. A Self-Directed IRA: A Self-Directed IRA on the other hand, allows you much more freedom in selection of investment vehicles. Self Directed IRA Why haven’t I heard of a self-directed IRA before? While the concept of investing in real estate and other assets in retirement plans has been around for more than 30 years, the concept hasn’t received large attention because most custodians who offer IRAs (banks and brokerage firms) focus on mutual funds and CDs because they have vested financial interests in you selecting those investments from them. Because the majority custodians focus on stocks and CDs there is a misperception that is your only investment option for retirement plans, which is not the case. Allowable investments include the following: Residential real estate—including apartments, single family homes, and duplexes Commercial real estate Undeveloped or raw land Real estate notes (mortgages and deeds of trusts) Promissory notes Private limited partnerships,limited liability companies, and C corporations Tax lien certificates Foreign currencies Oil and gas investments Publicly traded stocks, bonds, mutual funds Private stock offerings, private placements Judgments/structured settlements Gold bullion Car paper Factoring investments Accounts receivable Equipment leasing What CAN’T I invest in with an SD IRA? Artworks Rugs Antiques Metals Gems Stamps Coins Alcoholic beverages Certain other tangible personal property Self Directed IRA How much can I invest in one? If you already have a Roth or Traditional IRA established at another custodian you can roll it over to a Self Directed custodian. Right now the IRA says you can contribute $5,000 per year. This figure can change as dictated by the IRA and congress. Can I be assured that self directed IRAs are allowed under IRA rules? As long as you follow relevant rules the answer is yes. There are specific rules regarding IRAs, and in particular, self directed IRAs that you should be familiar with to ensure compliance. There are certain types of transactions that you cannot perform through an IRA. Most importantly, the IRS prohibits “self dealing,” which are investments in which you or your family members of lineal descent have prior ownership. Are self directed IRAs for everyone? Self directed IRAs are not for everyone, they are for those who want to create wealth using their knowledge of investments outside of stocks, bonds, and CDs. Are self directed IRA investments guaranteed? Self-directed investing is not for everyone. However, most successful investors feel that the investment risk in assets they know and understanding is much less than that associated with investing solely in conventional IRAs.

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ITIN Processing

The ITIN number is issued by the IRS, for certain resident and nonresident individuals who are required to have identification number for tax purposes, but who don’t have or are not eligible for a Social Security number. By using an IRS approved Agency rather than doing the application yourself you will benefit: 1) Faster processing times: Self prepared applications usually contain errors. To be accepted by the IRS the application has to be perfect, containing no errors. It is not unusual for self-prepared applications to be sent back multiple times for correction, each time resulting in a delay of 2 to 3 months. ForMyTax.Com’s professionals process your ITIN application faster and the ITIN applicant can get the ITIN number in 4 to 6 weeks. ITIN Processing 2) Applications under the wrong reason: The IRS doesn’t interview applicants requesting ITIN to determine the need and the correct procedure while applying for the ITIN number; this is outside the scope of their service as it requires more time to understand your unique situation than they are allotted to assist you. When you use our ITIB filing service, we take time to understand your situation and apply for your ITIN using correct procedure. We specialize in obtaining ITIN numbers for non-residents of the United States of America. We specialize in International ITIN applications. To use our service you need to have a valid reason for obtaining an ITIN number and be able to prove your residency and identity. Examples of individuals who might need an ITIN. Non-resident alien filing a U.S. tax return and not eligible for a SSN U.S. resident alien (based on days present in the United States) filing a U.S. tax return and not eligible for a SSN Dependent or spouse of a U.S. citizen/resident alien Dependent or spouse of a non-resident alien visa holder. Process 1. You should complete ITIN application Form as soon as you are ready to file your federal income tax return, since you need to attach the return to your application. 2. If you meet one of the exceptions to the tax filing requirement, submit ITIN application Form, along with the documents that prove your identity and foreign status. 3. You can apply for an ITIN any time during the year; however, if the tax return you attach to ITIN application Form is filed after the return’s due date.

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Extension Filling

f you are not able to file your federal/state individual income tax return by the due date, you may be able to get an automatic 6-month extension of time to file. FormyTax can help you file your extension for FREE regardless of whether you file your tax returns through us or not. Please be aware that an extension of time to file your return does not grant you any extension of time to pay your tax liability.

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Tax Return Evaluation Services

e introduced the concept of FREE Tax Return Evaluation Services with the intention that we can reach out to people who have already filed their returns to revisit the tax returns to ensure accuracies, claim additional refunds on tax benefits they missed out in their original tax filing and file revised tax returns, if necessary. This does not necessarily mean that their tax filing through online/other service providers is incomplete or incorrect, but doing so would help them avoid any tax compliance issues and audit risks with their tax returns in the near future, especially the time when they are trying to have their permanent place of abode in US.  This FREE Evaluation will make sure that there are no extra-ordinary items in their tax returns or huge refunds. Accordingly, you can get your last THREE year tax returns evaluated by our Tax Experts for FREE. This evaluation may help you in: Filing Right Tax Return Claiming additional dependents Removing dependents you erroneously claimed Reporting your correct filing status & additional income Making changes in your Above-the-Line Deductions, Standard/Itemized Deductions, etc. Changing your personal exemptions for correctness Incorporating Tax Treaty Benefits that you missed Recalculating various tax credits – Child Tax Credit, Education Credits, Foreign Tax Credits, First Time Home Buyer Credit, & Dependent Expenses Credit, etc.  Analyzing the return for accuracy and correctness

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Tax problems

Are you having problems with the IRS? We’re here to help you resolve your tax problems and put an end to the misery that the IRS can put you through. We pride ourselves on being very efficient, affordable, and of course, extremely discreet. The IRS problems will not just go away by themselves; they just keep getting worse with penalties and interest being added each day. If you owe the IRS, you have a very serious problem. It may take the IRS several years to catch up to you, but they’re relentless and have no mercy in collecting all the money that is owed. When the collection process starts, they’ll make your life miserable and literally ruin all aspects of your life.

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Personal Tax planning

Personal Tax Planning Personal Tax planning is an important feature to financial success for businesses. FormyTax team of experts helps you to reduce your tax bill. Financial/Tax planning services help businesses grow by calculating the taxes properly and also at the same time give you suggestions in order to plan your finances in the best possible way. The tax laws are the same, no matter what size the corporate taxpayer. The difference is the ability of the large business firms to use legal technicalities and interpretations to their advantage, in contrast to the probability that the small business simply follows the tax rules and regulations. Our services help small businesses to arrange their operations for best to take advantage of strategies that would result in a lower tax bill. True strategic tax planning produces a sizable bill for customers. Certain small businesses are interested in securing simple tax compliance at the lowest possible fee, but it seems logical to pay slightly higher professional fee that would assure your tax savings. Now a day’s most of the entrepreneurs are realizing that paying slightly higher professional fees, tax savings would far outweigh the initial expenditure. All entrepreneurs must accept that a positive balance sheet is better than remitting more money in taxes .It is important for business owners not to rely on inadequate tax advice simply. It is better to take the services of professionals. You do work hard and take too much risk and end of the year pay a large percentage of your profits to the government more than you are required to do. So the best choice is to seek tax planning advice that is thorough and strategic that you will be able to reap the benefits of sophisticated tax planning. It pays for itself many times over. Advanced tax planning does not break any laws or regulations. You just take the services of experienced Tax consultant who can help you to use the laws and regulations to your advantage. Not every Advisor and Tax consultant can do this – get one that can. We understand each client’s situation and then apply our knowledge of the changing tax rules to plan the best business and personal decisions. Our experts can efficiently prepare your tax return for filing your taxes correctly and on time. Financial Planning firm’s Services can be a great way to be aware of day to day changing in taxation laws.

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US Taxation

The United States is an economic and political powerhouse with the fundamental principal of equality. It is an individualistic culture made up of diverse ethnicities, religions and races. ForMyTax.Com recognizes and values the diversity of its clients and are highly trained professionals with accredited education, experience, and knowledge ready to provide quality services to both individuals and businesses. For individuals, ForMyTax.Com provides a wide variety of services from tax filing of current income and expenses to advanced tax planning for the near future and beyond, including gift and estate tax planning and reporting. ForMyTax.Com’s level of business service depends on our client’s needs and involvement. As professionals we are committed to serving our customers’ needs regardless of the size and scope. Please refer to the back of this brochure for a more detailed listing of the kind of services we can provide.

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Tax Representation

Don’t Face the IRS Alone: We’re Your Personalized Shield. Is an IRS audit notice making your heart pound like a drum solo? You’re not alone. Facing the complex and intimidating world of the IRS can leave even the most prepared feeling lost and helpless. But fear not, taxpayer warrior! For My Tax is your personalized armor against the audit dragon. Unlike generic tax services, we don’t treat you like a number. We understand that your situation is unique, and our team of seasoned IRS negotiators will tailor their strategies to your specific needs. With decades of experience battling the taxman, we have the know-how to navigate the audit maze confidently and efficiently. We will answer all your questions such as: ·  What is this bill from the IRS? ·   What is a Federal Tax Lien?      ·  What will happen to if you owe taxes?    ·  Will the IRS Support the deal to pay it back? Imagine this: A calming voice explaining the audit process, step-by-step. No more confusing jargon or sleepless nights wondering what comes next. A battle-tested warrior by your side, meticulously preparing every document and response. The peace of mind knowing you have an expert advocate fighting for your best interests. Breathe easy, knowing you’re not in this alone. Don’t let the IRS bully you into submission. At ForMyTax, we believe in personalized protection, unwavering expertise, and fierce representation. Let us be your shield, your voice, and your champion. Schedule your FREE consultation today and see how our personalized approach can transform your audit experience from a nightmare into a manageable hurdle. Remember, the sooner you call, the sooner we can start building your defense. Don’t wait. Fight back. Call For My Tax today. With an experienced Negotiator on your side, there is no reason to be scared. You can be assured that you are represented properly, fairly, and to the best of your own advantage.

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