Do you know what taxes are in Illinois for freelancers?
My situation is a little bit different than yours, guys, cause my business is registered in my home country. So even if I’ll have to pay US taxes (and as I understood, I will have to pay) maybe I’ll get some ease because I’ll continue to pay my home-country taxes as well.
Thanks for the links, man ! Very informative.
MIKSMUSIC , BrianCoyDesign
Thanks for the info! I guess I’ll leave my home-country business as it is, I’ll find accountant in US who works with international cases and maximum I’ll just close my home-country business while being in US if I’ll need to – I can do it via my home-country accountant remotely, from US.
Thanks for the info, guys.
I know one guy who came to LA to study, he got a permission to work during his F1 visa status in the field of his studies for 20 hours per week. And he devoted this time to freelancing. I want to do it the same way. Its legal.
The state I’ll be in is Illinois.
I’ve been accepted to US university for my 2nd degree and I’m coming to US on a student visa F1 status. In my home country I’m a freelancer with registered small business. Do you think I should close my business in my home country and reopen it in US? Or should I leave my home country business as it is, freelance in US (when I’ll get a permission to work) but get money to my home-land bank account and pay my home-country taxes only without opening US business?
I’ve talked to a few accountants here in my home-country and none of them gave me a certain answer. They claim that they are not familiar with US laws and thats the reason they cannot advise me anything. I guess, if I’ll talk with US accountants they won’t give me an answer either as they are not familiar with the laws of my home country..
Would be glad for any kind of information you have. Thanks!
Thanks Gareth, very informative!
While being a student, can you work legally as a freelancer and write for music production libraries? Or u can do it only on OPT visa after u graduate?
From my understanding, it’s pretty easy to set up a business in the US, (I’m from the UK working in the US). But I personally have very little idea about the actual necessary details.
Legalzoom is a very useful resource, but there is nothing better than hiring an accountant and a good lawyer to do the dirty work for you and to make sure you’re complying with everything (it varies slightly from state to state). It may cost you a bit more up front, but further down the line it will more than pay for itself.
I appreciate that this is not great advice. In short you’d probably just want to look at trading as a sole proprietorship and then as you expand you can form a LLC (but you may never need / want to).I am no business or legal expert though, which is why I hire someone else to do it for me! I am lucky in that both my lawyer and accountant are family members, thus I have utmost trust and confidence in them (and they’re cheap….)
I always wanted to ask those musicians who come to US for work. How do they do it legally? Do they get H1B visa? Do you have to have a job proposal to get it? From whom you get it if you work as a freelancer? How does it work? Could you describe your situation from that point of view, please? Thanks !:)
Yes there is.
Search for “Envato Tracker” here on forums or in Google. It’s a software where you put AudioJungle’s API and you get email on every sale. In addition, you can put the software icon down near the “windows time”, like a Gmail Notifier, and it will pop-up on every sale.