Getting Started in the U.S.

Expanding Your International Reach into the U.S.

Internationally-based business owners typically perceive the U.S. as a fertile market, offering them the opportunity to expand their business’ international reach. However, these same business owners are often surprised at the complications and high costs associated with doing business in the U.S.

We help business owners avoid many of the pitfalls commonly associated with entering U.S. markets. MichaelSilver’s international New Business Checklist offers guidance to business owners and ensures that they are working with the best accounting, tax, and consulting professionals. We help put clients on a path to successfully expanding and growing their non-U.S. based business.

If you would like to learn more about locating in Chicago, please contact us or visit http://www.invest-in-usa.org/u-s-states-in-europe/1/illinois or www.illinoisbiz.biz.

We help business owners avoid many of the pitfalls
commonly associated with entering U.S. markets.

Steven D. Handler

Steven D. Handler

CPA, International Partner

John Hsiao

John Hsiao

CPA, Partner

Joseph P. Roznai

Joseph P. Roznai

CPA, CGMA, Partner

Resource Article

Are You Ready for the New Foreign Reporting Requirements for Pass-Through Entities?

As if the current pass-through entity tax requirements were not complicated enough, the IRS introduced new schedules to the mix. Schedules K-2 and K-3 were created for the reporting of international income, deductions, credits, and other miscellaneous items. In case you are not familiar with the term, “pass-through entities” include partnerships, S corporations. Such entities do not generally pay income taxes directly, but rather “pass-through” taxable income, deductions, and credits to their owners.

read more

Accounting and Tax Considerations for Expanding into the United States

MichaelSilver works with many international companies looking to start or expand their business in the United States. Typically, these companies are successful in their home country. The owners know the United States is the land of opportunity as well as the land of tax traps and legal problems. We share the common goal of wanting these businesses to succeed in their endeavors in the United States and we help them navigate the complexities of the United States’ business world.

read more