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Global Business Growth Club

Public • 1.5k • Free

Dragoon's Battalion

Private • 244 • Free

9 contributions to Global Business Growth Club
YouTube Adsense doesn't support my country, what to do?
Hi, everyone. I work in YouTube consulting niche, and wanted to start my own channels, but Adsense or YouTube Partner Program doesn't include my country in their lists of supported countries. Does anyone know if you can get eligible for them through a US LLC? And how would you do that? What mailing services YouTube can send your PIN to, as they don't accept PO addresses? Anyone has experience?
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New comment 4d ago
YouTube Tax Withholding For NRA SMLLC?
Hi, wanted to ask, if someone has experience, how does YouTube tax withholding work for NRA SMLLC owned channels. Do they withhold tax from revenue from US viewers, send it to IRS, and then you can file for partial refund? Do they withhold tax only from revenue from US viewers or all viewers? What should I know about all that?
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New comment 7d ago
0 likes • May 10
@Jacob Rhoden Yeah YouTube revenue is counted as royalties, not sure about the memberships, super thanks and all that, but revenue from YT Premium and Adsense is considered royalties. I'm also curios, when YouTube withholds tax for US sourced viewers, is it gone? Or do you talk to IRS and get it refunded or partially refunded or something else happens?
0 likes • 7d
Bump
Issue with RelayFi international wire to Colombia
Does anyone have an account with RelayFi? Have you han any issues regarding international wires? I was using my account with prime subscription and no issues, but after one year of being a happy client, I requested an international wire to my country, but they retained the money for about 1 month with no explanations to me. After that period they accepted to return the money to my account, so the wire never completed. Fortunately, there wasn't a big amount. Now I stopped the subscription and don't rely on them to use their services again. Sorry for anyone to know this, if you were considering to open an account with RelayFi, but that's my sad story with them.
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New comment 4d ago
1 like • 7d
Thanks for sharing!
Dedicated personal bank account for single member LLC?
Hello, is using a personal bank account for needs of a foreign owned single member LLC problematic even if the account is dedicated solely to the LLC financial transactions? What problems can it cause? Best
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New comment 7d ago
0 likes • 7d
You can easily open a business bank account for free with Relay or Mercury, where you can create "sub-accounts" to help keep things separate. Having a personal bank account solely dedicated to your LLCs operations should be fine from the practical point of view, as long as it's not used for personal transactions at all and you keep proper bookkeeping, but I don't know about the legal sides.
How to learn about taxes and operating a business?
I'm wondering how can someone, anyone, learn about the requirements of operating a US business? All I could find were articles from different blogs that aren't related to IRS, that were either outdated, not full, unspecific, don't mention some details or something different. I tried using Claude or ChatGPT, but they are often wrong, don't mention crucial information or requirements making you think you got all of it, while you are missing crucial info, unlike articles you find on Google. How can you know that you need to file 5472 without someone first telling you this, or reading that in an article that is not related to IRS? Is there an IRS resource that lists all the requirements for operating a US business? What I mean, is that you wouldn't know about the requirement of filing 5472 with 1120 if you didn't specifically search for it. Same with 1040-NR, which isn't even listed anywhere in instructions for 5472 or 1120, so how would you know about it without someone first telling you about it? IRS forms instructions help, but still you need to know the forms you need to file, understand what specific phrasings imply, and more. Or specific conditions that make you required to file them (ex: US-sourced income, ECI, sales taxes), or how the due dates work (ex: due by April 15th, gotta file before that, does it mean I can file it in October of the previous year), how you can file them (ex: can only mail or fax) and so on?
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New comment 20h ago
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Active 2d ago
Joined Feb 17, 2024
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