Watch This Before You Get An ITIN

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  • เผยแพร่เมื่อ 3 ก.พ. 2025
  • Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on TH-cam?
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    Check out JJames'stop 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 - • IRS Secrets: How to LE...
    How to Legally Pay NO US Taxes (part 2) - • Are you a Non Resident...
    -----Guides and How tos
    Annual reporting for a foreign-owned multiculti-members (Masterguide) - • Tax Laws for Foreign-O...
    What is Form W-BEN, and why do I need it • How to Fill Out W-8BEN...
    Which payments from US Companies are subject to withholding? • Which US Payments are ...
    How to complete Form W-8BEN - • 🧾🔍 HOW TO complete Fo...
    How to complete Form W-8BEN-E - • How to Complete Form W...
    How to get an ITIN - • Get A ITIN Number - W-...
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    How to file a DR-15 Florida Sales and Use Tax with 0 Sales - • Florida Sales Tax Fili...
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ความคิดเห็น • 36

  • @ScottJLetourneau
    @ScottJLetourneau 6 หลายเดือนก่อน +3

    Great video, James. You are correct on the reasons for an ITIN; building business credit on an ITIN is similar to a U.S. resident who is 16 with no personal credit and needs to build it over time. There are no shortcuts, but you can speed up building personal credit (similar to the approach used after someone files bankruptcy in the U.S.).

    • @JamesBakerCPA
      @JamesBakerCPA  6 หลายเดือนก่อน +3

      Thanks for the comment Scott! Love to see you agree!

  • @tobiasmagnus6835
    @tobiasmagnus6835 4 หลายเดือนก่อน +5

    Thanks for another great video!
    How much do you guys charge for this particular service?

  • @NomadForWorld
    @NomadForWorld 20 วันที่ผ่านมา

    I Gotcha 🇧🇷🌎🇺🇸

  • @Jonycor222
    @Jonycor222 2 วันที่ผ่านมา

    Do I need a ein before I get a itin ?

  • @rbrooks212
    @rbrooks212 2 หลายเดือนก่อน +2

    What if you have a ssn can you still apply for a Itin

  • @Echt-Hauii
    @Echt-Hauii 2 หลายเดือนก่อน

    Thank you very much for your video. Do you also do 1099-OID filings for your clients?

  • @liascott5838
    @liascott5838 2 หลายเดือนก่อน

    his, why is it easier to do it with the 1040nr?

  • @d-tech5338
    @d-tech5338 6 หลายเดือนก่อน +1

    Been waiting for my ITIN since november 😢

    • @JamesBakerCPA
      @JamesBakerCPA  6 หลายเดือนก่อน

      The ITIN process is so hit or miss

    • @JamesBakerCPA
      @JamesBakerCPA  6 หลายเดือนก่อน +1

      May need to file again

  • @AntonioCarvalhaes-c9k
    @AntonioCarvalhaes-c9k 3 หลายเดือนก่อน

    Mr Baker, I have incomes from stock market. I do pay taxes only in Brazil. I'm about to buy a house and have a rental income. If I get an itin am I having to pay taxes over my shares?

  • @sellersplus7960
    @sellersplus7960 6 หลายเดือนก่อน

    How much do you charge for this service

  • @nasrbinansar1043
    @nasrbinansar1043 4 หลายเดือนก่อน

    isn't this the person from wolf of wall street??

  • @BinAslam-qe6bt
    @BinAslam-qe6bt 6 หลายเดือนก่อน

    Are you also CAA, If i needed your services?

  • @sherifkhalaf-zj1nm
    @sherifkhalaf-zj1nm 6 หลายเดือนก่อน +1

    I have a Certificate of Organization for my LLC but no EIN, ITIN, or bank account I'm a foreigner. Is it necessary to close my business, or can I just leave it inactive?

    • @miawallace1996
      @miawallace1996 3 หลายเดือนก่อน

      Close it

    • @sherifkhalaf-zj1nm
      @sherifkhalaf-zj1nm 3 หลายเดือนก่อน

      @@miawallace1996
      Thanks for responding
      But what about if I'm going start the business now want to create EIN and ITIN bank account?

    • @miawallace1996
      @miawallace1996 3 หลายเดือนก่อน

      @@sherifkhalaf-zj1nm You can open a bank account only with the EIN.

  • @arabpods1369
    @arabpods1369 6 หลายเดือนก่อน

    Can you get loans even if you are not a US resident?

  • @AlexMilman_googleplus
    @AlexMilman_googleplus 6 หลายเดือนก่อน

    If I have an LLC in the US do I need/have to have an ITIN to file annual reports or for any other reason?

  • @BibekLamichhane-i4m
    @BibekLamichhane-i4m 6 หลายเดือนก่อน

    Hi james. I had an account with relayfi, and they closed my account and sent me a check of $32k. Is there any way i can deposit it to a bank account or just cash it. I am a non-resident with a foreign LLC.

  • @addetnancy7401
    @addetnancy7401 6 หลายเดือนก่อน

    Please can you review “theitin”? They are a certified accepted agent.

  • @addyofficial34
    @addyofficial34 6 หลายเดือนก่อน

    Hi James, I filed my FinCEN BOI report and I downloaded the receipt/proof of filing. But i forgot to close the tab and when I got back on the tab, it said that the submition was not completed. What should I do? Should I contact them to confirm if my BOI report was filed or do I have to do it again? Please help me with this.

    • @AsadbekAbdurazokov
      @AsadbekAbdurazokov 6 หลายเดือนก่อน

      no need to contact if you end up the report and download the proof it is ok.

  • @Elias-yx9gx
    @Elias-yx9gx 6 หลายเดือนก่อน

    Why is almost every video you post is click bait.

    • @JamesBakerCPA
      @JamesBakerCPA  6 หลายเดือนก่อน +2

      What can I say the editing team makes great thumbnails. I think I address the points well. If you have something that wasn't addressed or answered comment and I'll respond

    • @tantradossantos4501
      @tantradossantos4501 4 หลายเดือนก่อน

      Because he is really, really smart...

  • @timtim2500
    @timtim2500 6 หลายเดือนก่อน

    Why its better to report $100 income, and pay $15 for that? why not just report a $0 (if that's the case I mean).

    • @JamesBakerCPA
      @JamesBakerCPA  6 หลายเดือนก่อน +1

      Sometimes the IRS will say you don't really need to file a return so they won't give the ITIN. It happened like 10% of the time for me