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When should my LLC, partnership, multi member LLC file Form 1042?

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How many videos of James have you watched today?
Do you want to skip the line and get the answers to your questions right away?
Do you want to learn exactly how you can have a Tax Free US Company and bank account without traveling to the US?
Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on youtube?
You can schedule a FREE discovery call with our team with the link below.
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Or get your questions answered right away on a call with James. Schedule with the link below to receive clarity on your tax situation and stop spinning wheels.
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Would you like to learn our 3 step strategy for owning and operating a US Company? Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on youtube?
You can schedule a FREE discovery call with our team with the link below.
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We are hosting weekly Ask Me Anything sessions, you could for limited time access to them free of charge, if you want to expand your business and network, and have access to our Telegram and Discord Server, join us here:

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Check out James’ top recommended videos here - these are cornerstone videos that should answer many of your questions.

-----Longer videos that explain it all!
How to Legally Pay NO US Taxes - [ Ссылка ]
How to Legally Pay NO US Taxes (part 2) - [ Ссылка ]

-----Guides and How tos
Annual reporting for a foreign owned multi member LLC (Masterguide) - [ Ссылка ]

What is Form W-BEN and why do I need it [ Ссылка ]

Which payments from US Companies are subject to withholding? [ Ссылка ]

How to complete Form W-8BEN - [ Ссылка ]

How to complete Form W-8BEN-E - [ Ссылка ]

How to get an ITIN - [ Ссылка ]

-----And don’t forget to check out all of the “CALLS WITH JIM”
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Do you want to learn how to open and operate a Tax Free Company in the USA even if you live outside the US and don’t have a visa.
Click here - [ Ссылка ]

Already have an LLC? Did you already complete form 5472 for your company? Did you know there is a $25,000 penalty for not doing this form? I’ve made a short training that explains exactly what you need to do and why so you can get this done quickly and correctly, the first time around.
Click here - [ Ссылка ]


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Looking for help with your SALES TAXES? Check out a couple of our videos on the topic -

What are sales taxes? [ Ссылка ]

What is a resale Certificate and Why do you Need it - [ Ссылка ]

How to get a Florida Resale Certificate, Part 1 - [ Ссылка ]

How to get a Florida Resale Certificate, Part 2 - [ Ссылка ]

How to file a DR-15 Florida Sales and Use Tax with 0 Sales - [ Ссылка ]


I get asked what company I recommend to help with sales taxes and every time I mention Tax Jar. Once set up, tax jar can complete all of your monthly sales tax filings automatically. If you are looking to solve this problem forever, click this link to find out more about what they can do for you. [ Ссылка ]

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Lawyer Disclaimer (Occupational Hazard): This is not legal advice. Everything here is for informational purposes only and not for the purpose of providing legal advice. You should contact your attorney for advice regarding any particular issue or problem.

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