The Journal

Taxes

161 stories

Tax Deductions for Non-Residents in the United States

Taxes4 min read

Tax Deductions for Non-Residents in the United States

Did you know that non-residents in the United States can take advantage of tax deductions? This blog explains how to deduct office expenses, business vehicles, technology equipment, and more. We also provide practical tips to optimize your tax return and reduce your tax liability.

Taxes in Wyoming for an LLC: What You Need to Know

Taxes5 min read

Taxes in Wyoming for an LLC: What You Need to Know

Learn how LLCs are taxed in Wyoming with this complete guide. Discover the taxes that affect your business, such as the Sales Tax, and the fees associated with the Annual Report.

What Taxes Does an LLC Pay in New Mexico?

Taxes6 min read

What Taxes Does an LLC Pay in New Mexico?

New Mexico is an ideal location for starting businesses due to its tax advantages, privacy protection, and legal flexibility. With over 4,000 LLCs registered in 2023, the state offers a simple process and benefits such as no property taxes and anonymity in public records.

Why Starting a Business in the U.S. is Better Than in Dubai

Taxes7 min read

Why Starting a Business in the U.S. is Better Than in Dubai

This blog explores why starting a business in the U.S. is more beneficial than in Dubai. Discover the advantages of access to financing, innovation, global talent, and a diversified consumer market in the U.S. compared to Dubai’s tax incentives.

30% Tax Withholding with Your Distributor: Can It Be Avoided?

Taxes5 min read

30% Tax Withholding with Your Distributor: Can It Be Avoided?

Explore how to avoid 30% tax withholding on your earnings from distributors and digital platforms by creating a business in the United States. Learn about the benefits of tax treaties, choosing the right business structure, and the necessary steps to register and manage your company.

LLC vs. Nonprofit Organization in the United States

Taxes4 min read

LLC vs. Nonprofit Organization in the United States

This blog compares the main differences between an LLC and a nonprofit organization in the U.S., highlighting tax advantages and funding opportunities. Learn how to choose the ideal structure based on your goals, whether it’s to generate profits or create social impact.

Calculate and Report Your Income as an Influencer or Content Creator

Taxes5 min read

Calculate and Report Your Income as an Influencer or Content Creator

In this blog, you'll learn step-by-step how to calculate and report your income as an influencer, with tips to maximize your tax benefits. We'll also explore why creating a business in the United States can be a key advantage for your career as an influencer.

Digital Services in the U.S.: Everything You Should Know

Taxes5 min read

Digital Services in the U.S.: Everything You Should Know

Firms around the world providing digital marketing services suffered from an increase in taxes. This is a global change that proposed taxing digital services in most Latin American countries, but what happened to the United States?

How to Avoid Double Taxation When Starting a Business in the United States

Taxes6 min read

How to Avoid Double Taxation When Starting a Business in the United States

Learn how to avoid double taxation when starting a business in the U.S. by using international tax treaties and strategies like tax credits and proper structuring. Ensure your business is well-protected with the right tax planning.

How to Declare Less Taxes as an Influencer or Content Creator

Taxes5 min read

How to Declare Less Taxes as an Influencer or Content Creator

In this blog, we explore how influencers and content creators in Latin America can declare less taxes by creating a company in the United States. We analyze success stories like Yuya, Germán Garmendia, and Luisito Comunica, and offer practical strategies to take advantage of fiscal and financial benefits.

How to Optimize Your Taxes as a Freelancer: Tax Strategies for 2025

Taxes4 min read

How to Optimize Your Taxes as a Freelancer: Tax Strategies for 2025

As a freelancer, this blog will help you understand how to reduce your tax burden in 2025 through key deductions and strategies. We explore the benefits of establishing a business in favorable states like Florida, Delaware, Texas, or Wyoming to protect your income and maximize profitability.

How to start a business as a foreigner?

Taxes4 min read

How to start a business as a foreigner?

Discover how to start a business in the U.S. as a foreigner with our comprehensive guide. Learn the steps, regulations, and tax implications, and leverage Prodezk's expertise to establish your LLC, tap into the American market, and save on taxes.

How to Start a Business in New York: A Complete Step-by-Step Guide

Taxes6 min read

How to Start a Business in New York: A Complete Step-by-Step Guide

Discover how to start a business in New York with this step-by-step guide. Learn about the legal requirements, the appropriate business structure, necessary licenses, and how to meet tax obligations in New York.

How to Start a Business in the United States from Chile

Taxes4 min read

How to Start a Business in the United States from Chile

The United States offers unique opportunities for Chilean entrepreneurs seeking to expand their businesses. This guide covers the steps to start a business in the U.S. from Chile, the best states to invest in, and insights on how certain industries can maximize your profits. From tax advantages in Delaware to tech hubs in California, this blog provides everything you need to begin your entrepreneurial journey in the U.S.

How to Verify You Filed Your U.S. Tax Return Correctly?

Taxes5 min read

How to Verify You Filed Your U.S. Tax Return Correctly?

This article guides you on how to know if you have correctly filed your tax returns in the United States, highlighting common errors and IRS penalties.

Key Tax Forms Guide for Filing Taxes in the United States

Taxes5 min read

Key Tax Forms Guide for Filing Taxes in the United States

Understanding tax obligations in the United States is crucial for business owners and entrepreneurs, both domestic and foreign. This article explores the key tax forms you need to know to meet your tax responsibilities: Form 1065 for partnerships, Form 1040/1040NR for resident and non-resident individuals, Form 1120 for corporations, and Form 5472 for certain foreign-owned entities. We’ll analyze the purpose of each form, who is required to file them, and their filing deadlines.

Miami: The Favorite City for Latino Entrepreneurs

Taxes6 min read

Miami: The Favorite City for Latino Entrepreneurs

Explore why Miami is the favorite city for Latino entrepreneurs, highlighting its favorable business environment, tax advantages, quality of life, and connections with Latin America. With its growing influence in the global economy, Miami is solidifying itself as a strategic destination for business growth and expansion.

Origin-Based vs Destination-Based: Everything You Need to Know About Sales Tax in the U.S.

Taxes3 min read

Origin-Based vs Destination-Based: Everything You Need to Know About Sales Tax in the U.S.

Understanding the differences between origin-based and destination-based sales tax in the U.S. is key to properly managing your business taxes. This blog explains how these rules work, which states apply them, and how they impact your operations. Plus, learn how we can help you stay compliant and manage your local tax obligations.

Start a U.S. Business from Costa Rica: Complete 2025 Guide

Taxes5 min read

Start a U.S. Business from Costa Rica: Complete 2025 Guide

Due to recent tax changes in Costa Rica, many entrepreneurs are looking for alternatives to optimize their tax burden. Establishing a business in the United States is a viable option. In this guide, we explain in detail how Costa Rican entrepreneurs can form a company in the U.S., the benefits involved, and the steps to achieve it successfully.

What Are the Penalties for Not Filing Your Business Taxes in the U.S. in 2025?

Taxes4 min read

What Are the Penalties for Not Filing Your Business Taxes in the U.S. in 2025?

Filing taxes on time in the U.S. is not only a legal requirement but also a way to avoid fines and financial issues. Discover the penalties businesses like LLCs, S-Corps, and C-Corps may face in 2025 and how to meet your tax obligations on time.

What Can an Artist Deduct on Their Tax Return?

Taxes4 min read

What Can an Artist Deduct on Their Tax Return?

This article explains how artists can calculate sales tax in the United States, including when and in which industries it applies.

Why Start a Business in New Mexico?

Taxes5 min read

Why Start a Business in New Mexico?

New Mexico is an ideal location for starting a business, thanks to its tax benefits, privacy protection, and legal flexibility. With over 4,000 LLCs registered in 2023, the state offers a simple process and advantages like no property taxes and anonymity in public records.

10 Reasons to Expand Your Business to the U.S.

Taxes4 min read

10 Reasons to Expand Your Business to the U.S.

Expanding your business to the U.S. gives you access to a large market, capital, tax benefits, and global growth opportunities. Discover the 10 key reasons to do it.

Advantages of Buying Property in Miami Through an LLC

Taxes4 min read

Advantages of Buying Property in Miami Through an LLC

Learn about the benefits of acquiring property in Miami through an LLC, such as asset protection, tax advantages, and privacy. Plus, explore the growth of Miami’s real estate market.