[et_pb_section fb_built=”1″ module_class=”service-parallax” _builder_version=”4.21.0″ _module_preset=”default” use_background_color_gradient=”on” background_color_gradient_direction=”135deg” background_color_gradient_stops=”#122c45 0%|#134c83 100%” background_image=”https:\/\/usadenmarklaw.com\/wp-content\/uploads\/2023\/07\/mapdots-1.svg” parallax=”on” background_blend=”screen” custom_padding=”20px||0px||false|false” background_last_edited=”on|phone” use_background_color_gradient_phone=”on” background_color_gradient_stops_phone=”#122c45 1%|#134c83 100%” background_image_phone=”https:\/\/usadenmarklaw.com\/wp-content\/uploads\/2023\/07\/mapdots-4.svg” background_enable_image_phone=”on” parallax_phone=”off” background_blend_tablet=”normal” global_colors_info=”{}”][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” background_layout=”dark” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_row column_structure=”3_5,2_5″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”3_5″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_divider _builder_version=”4.21.0″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” width=”5%” min_height=”0px” height=”30px” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” border_color_all=”#d30650″ global_colors_info=”{}”][\/et_pb_divider][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
All US businesses must file an annual federal income tax return. A business must file an annual state income tax return in all states where it is registered to do business. There are numerous different tax types which vary by type of business and which state the business is conducted in.<\/span><\/p>\n Most US persons (citizens and green card holders), regardless of where they reside, must file a federal individual income tax return and maybe a state income tax return. We assist many Danish domiciled\/resident US taxpayers with their US tax filings and with streamlined filing procedures to become compliant for US tax purposes.<\/span><\/p>\n We have significant experience in assessing sales tax exposure in the US and filing sales tax returns.<\/span><\/p>\n As we are based in both Denmark and the US and have Dansih and US attorneys, we are unequily qualified to assist Danish domiciled\/resident US taxpayers with their US tax filings and reporting. We understand the complexity of both countries and the differences in income, tax and tax filing requirements.<\/span><\/p>\n Please contact us for a free consultation<\/strong> <\/em>to discuss how we may be able to assist. You can book a free consultation throught the booking calendar below.<\/span><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_divider _builder_version=”4.21.0″ _module_preset=”default” width=”5%” min_height=”0px” height=”30px” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” border_color_all=”#d30650″ global_colors_info=”{}”][\/et_pb_divider][et_pb_toggle title=” What are the costs? ” open_toggle_text_color=”#121330″ closed_toggle_text_color=”#121330″ icon_color=”#d30650″ toggle_icon=”3||divi||400″ open_icon_color=”#d30650″ open_toggle_icon=”2||divi||400″ _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px|0px|0px|0px|false|false” custom_padding=”0px|0px|15px|0px|false|false” border_color_all=”#f3f3f3″ global_colors_info=”{}”]<\/p>\n Our services cost less than most people imagine when they contact us. Our prices are at a level where most individuals and businesses can easily participate. We have just made our work cost-effective, as we deliver an all-round solution. We have fixed prices for many of our services, and if we cannot provide a fix price, then we will provide an estimate.<\/span><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”What is the deadline for filing?” open_toggle_text_color=”#121330″ closed_toggle_text_color=”#121330″ icon_color=”#d30650″ toggle_icon=”3||divi||400″ open_icon_color=”#d30650″ open_toggle_icon=”2||divi||400″ _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px|0px|0px|0px|false|false” custom_padding=”15px|0px|15px|0px|false|false” border_color_all=”#f3f3f3″ locked=”off” global_colors_info=”{}”]<\/p>\n A U.S. corporation is required to file an annual return by the 15th day of the fourth month following the close of the tax year. For most corporations, this deadline is April 15th.\u00a0<\/span><\/p>\n A U.S. individual tax payer must file an annual income tax return by April 15th. If you live outside of the U.S. on April 15th (e.g., if\u00a0 you live in Denmark at that day), you receive an automatic extension to June 15th. <\/span><\/p>\n [\/et_pb_toggle][et_pb_toggle title=”If You Did Not File US Tax Returns: Tax Compliance and Streamlined Procedure ” open_toggle_text_color=”#121330″ closed_toggle_text_color=”#121330″ icon_color=”#d30650″ toggle_icon=”3||divi||400″ open_icon_color=”#d30650″ open_toggle_icon=”2||divi||400″ _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px|0px|0px|0px|false|false” custom_padding=”15px|0px|15px|0px|false|false” hover_enabled=”0″ border_color_all=”#f3f3f3″ locked=”off” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n We assist many Danish based U.S. individual tax payers to become compliant with U.S. tax lawas and filings. This typoically happens when a U.S. individual tax payer (such as a U.S. citizen or green card holder) living in Denmark was unaware of the tax filing obligations to the U.S.<\/p>\n If you are a U.S. citizen or green card holder and did not file U.S. income tax returns, please reach out, and we can assess the best way for you to become compliant.<\/p>\n [\/et_pb_toggle][\/et_pb_column][et_pb_column type=”2_5″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_sidebar _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_sidebar][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” background_color=”#f4f6fa” custom_margin=”50px||||false|false” custom_padding=”40px|30px|40px|30px|false|false” border_radii=”on|20px|20px|20px|20px” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_text module_class=”mobile-margin-fix” _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}”]<\/p>\n Click on the subjects below to read more<\/em><\/p>\n [\/et_pb_text][et_pb_divider _builder_version=”4.21.0″ _module_preset=”default” width=”5%” min_height=”0px” height=”10px” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}”][\/et_pb_divider][dipl_tabs tab_trigger=”click” tab_orientation=”vertical” active_tab_background_color=”RGBA(255,255,255,0)” tab_background_color=”RGBA(255,255,255,0)” _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][dipl_tabs_item title=”Business Tax” _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n All U.S. businesses need to meet federal, state, and local tax obligations to stay in good legal standing. A business must file an annual federal income tax return. The form you use depends on how your business is organized. Generally, you must pay taxes on income, by making regular payments of estimated tax during the year.\u00a0<\/span><\/p>\n If you have employees or contractors in the U.S., you also may be required to file 1099 or W-2 forms.<\/span><\/p>\n If a business has a foreign (non-US) bank account, the account, and its highest value, must be reported annually through a process called Foreign Bank Account Reporting (FBAR).\u00a0<\/span><\/p>\n State and local taxes can include, income, employment, withholding, property, and franchise tax. Each category of business tax has specific qualifications, rules, or IRS forms you must file.\u00a0<\/span><\/p>\n There is no national sales tax in the U.S., but most states have sales tax. It is the responsibility of a business to collect sales tax and remit payment to the state when the business has some form of connection to the jurisdiction. The requirements vary by state, and a product subject to sales tax in one state may not be subject to sales tax in another state.<\/span><\/p>\n [\/dipl_tabs_item][dipl_tabs_item title=”Individual Tax” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n \u00a0U.S. person, whose income is above the filing threshold, must file an annual tax return. A U.S. person includes: U.S. citizens, including \u201cAccidental Americans\u201d, regardless of what country they reside in; Permanent Resident Permit Holders (Commonly referred to as a Green Card); and resident or non-resident aliens of the U.S. who have U.S. income.\u00a0<\/span><\/p>\n Although a U.S. person must file, most who have income they pay tax on to their country of residence, do not owe tax to the U.S. If you have taxes owed, you usually need to pay by April 15th.\u00a0<\/span><\/p>\n Those living outside of the U.S., receive an automatic extension to June 15th. This automatic extension is only for filing, not for payment of taxes owed.<\/span><\/p>\n If you are non-compliant with your tax reporting obligations, you can use the IRS streamlined procedures to file past due returns.<\/span><\/p>\n If you have foreign (non-US) bank accounts, you may be required to report information related to the account through a process called Foreign Bank Account Reporting (FBAR.)<\/span><\/p>\n<\/div>\n [\/dipl_tabs_item][dipl_tabs_item title=”IRS Streamlined Procedure” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n We assist US citizens living in Denmark and abroad with becoming compliant on their US tax filing obligations. The IRS has a \u201cstreamlined procedure\u201d for US citizens residing abroad., At USA DENMARK LAW we have significant experience in assisting US citizens under the streamlined filing procedure and foreign bank account reporting requirements.<\/span><\/p>\n<\/div>\n [\/dipl_tabs_item][dipl_tabs_item title=”Foreign Bank Account Reporting – FBAR” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n US citizens, green card holders and certain other US taxpayers may need to file foreign bank account reporting (FBAR). We prepare and file the FBAR returns for many US taxpayers and can guide you on the filing obligations for all specific accounts.<\/span><\/p>\n<\/div>\n [\/dipl_tabs_item][dipl_tabs_item title=”Sales Tax” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Sales tax can be a complicated matter in the United States. Some refer to it as the Wild West among the different states.<\/p>\n We have significant experience in assessing US sales tax exposure and to make sure that Danish sellers are compliant on sales taxes in the United States.<\/p>\n Sales tax is a form of use tax which is generally levied on the sale of products to end-users in a state where the seller has a place of business (nexus). In reality, it is not only relevant for businesses selling products, but is also relevant for software companies, etc. A \u201cnexus\u201d can be established physically and economically.<\/p>\n We often conduct analysis and evaluations on sales tax exposure in all the different states. We frequently represent Danish companies becoming compliant on sales tax and on sales tax forgiveness procedures in the United States.<\/p>\n<\/div>\n [\/dipl_tabs_item][dipl_tabs_item title=”Only ITIN Acceptance Agent in Denmark” _builder_version=”4.21.0″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n We are currently the only listed ITIN Acceptance Agent in Denmark according to the IRS\u2019 public database on Acceptance Agents abroad.<\/p>\n An IRS ITIN Acceptance Agent has been authorized by the Internal Revenue Service (IRS) to help foreign individuals and others obtain a US Individual Taxpayer Identification Number (ITIN).<\/p>\n Authenticate Documents:<\/span><\/b>\u00a0A significant benefit of using an ITIN Acceptance Agent is that they can authenticate a person\u2019s identity and foreign status documents.<\/span>\u00a0This means the applicant does not have to send their original passport or other valuable documents through the mail to the IRS.<\/span><\/p>\n Also, as Acceptance Agent, we assist with the application, submit the application, act as liaison with the IRS if there are issues or questions regarding the application, and we provide tax return preparation with the filing of the US tax returns requiring an ITIN.<\/p>\n We are Certifying Acceptance Agent (CAA).\u00a0This is a more specialized designation. CAAs have additional training and are authorized to certify the authenticity of the documents for the primary and secondary applicants (the main applicant and their spouse).\u00a0This is a significant advantage as it means the applicant can keep their original documents.<\/span><\/p>\n [\/dipl_tabs_item][\/dipl_tabs][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ module_id=”kontakt” _builder_version=”4.21.0″ background_color=”RGBA(255,255,255,0)” background_image=”https:\/\/usadenmarklaw.com\/wp-content\/uploads\/2024\/05\/newyork_blue-1.jpg” custom_margin=”||||false|false” custom_padding=”||8%||false|false” animation_style=”slide” animation_direction=”bottom” animation_intensity_slide=”4%” saved_tabs=”all” locked=”off” global_colors_info=”{}”][et_pb_row _builder_version=”4.21.0″ background_color=”#0A3965″ custom_margin=”40px||||false|false” custom_padding=”3%|6%|4%|6%|false|false” animation_style=”slide” animation_delay=”300ms” animation_intensity_slide=”4%” border_radii=”on|10px|10px|10px|10px” box_shadow_style=”preset1″ global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_text _builder_version=”4.21.0″ text_orientation=”center” background_layout=”dark” module_alignment=”center” global_colors_info=”{}”]<\/p>\n [\/et_pb_text][et_pb_code _builder_version=”4.21.0″ _module_preset=”default” background_color=”#FFFFFF” global_colors_info=”{}”]FAQ<\/h3>\n
Tax Return Types and Information<\/h4>\n
Business Tax<\/h3>\n
Individual Tax<\/h3>\n
IRS Streamlined Procedure<\/h3>\n
Foreign Bank Account Reporting – FBAR<\/h3>\n
Sales Tax<\/h3>\n
ITIN Acceptance Agent in Denmark<\/h3>\n
Book a free consultation<\/h2>\n