Tranquility Consulting Logo

Estimate and save up to 20% on 2023 compliance!

Important Employment Tax Advice for Small Business Owners and the Self-Employed

Introduction Employment tax advice is one of the most challenging aspects of managing a small business or being self-employed. Managing these taxes effectively is helpful in avoiding legal risks and unnecessary costs associated with them. In addition to covering important topics in a concise manner, this work pays special attention to the needs of small […]

Understanding Financial Modeling: A Comprehensive Guide for SaaS Companies

Introduction: Financial modeling is a crucial process that involves creating a detailed representation of a company’s financial performance. This is typically done using spreadsheets and involves historical data, assumptions, and various financial variables to forecast future performance. For Software as a Service (SaaS) companies, financial modeling is an indispensable tool for strategic planning, decision-making, and […]

Navigating Income Tax Compliance for US Startups

Introduction: As an entrepreneur who started business in the United States, there are certain responsibilities that come with the territory and one of those is taxation, especially for income tax Compliance.  Every business, especially a startup, has to adhere to the set tax laws to minimize spending cash on fines and optimize business functioning. This […]

How to establish a Startup Business in the U.S.

Launching a Startup Business in the U.S.? This guide covers essential steps and income tax compliance to help you navigate the legal and financial landscape. Introduction: New startup businesses in the U.S. can be a thrilling endeavor, containing a lot of promise and room for growth. But it comprises many procedures and a lot of […]

US TAX SOURCING RULES FOR CLOUD COMPUTING/ DIGITAL CONTENT & MOBILE APPS

If you are in Cloud Computing business and have a presence in the United States, then this article is for YOU! In a global operation, the “Source” or the origination of Revenue is important in determining taxpayer’s tax liability. For U.S resident taxpayers, the U.S generally taxes on both Domestic and foreign source income. Non-residents who […]