Author
CA Sumit Chandwani
Chartered Accountant & Founder of MOREOFTAX. Sumit leads a CPA & EA team serving founders in 30+ countries — with a specialty in foreign-owned US LLCs, cross-border filings and the compliance stack that keeps them penalty-free.
Credentials & focus
CA · Founder
- Chartered Accountant
- Leads CPA & EA review team
- Foreign-owned LLC & Form 5472 specialist
- Every guide reviewed by Minal Bihani, EA
Editorial approach
Every guide on this site is written or reviewed by licensed professionals, cites the forms and thresholds by name, and says plainly when something doesn't apply to you. Where rules have recently changed — reporting thresholds, BOI applicability — the guides flag it rather than pretending certainty.
All articles by Sumit (44)
- 1099-K Threshold Changes: What Sellers Need to Know
- Amazon FBA Sales Tax Guide (2026): Nexus, Permits & What You
- ASC 606 Revenue Recognition Explained Simply (With Examples)
- Best State to Form a US LLC in 2026: Delaware vs Wyoming vs
- BOI Report 2026: Who Must File and the Deadline
- C-Corp vs LLC for Startups Raising Venture Capital
- Cash Flow Forecasting for Small Business: A 13-Week Guide
- Catch-Up Bookkeeping: How to Get Months Behind Books Current
- 7 Reasons Cloud Accounting Beats Desktop for Small Business
- CPA vs EA vs Tax Preparer: Who Should Actually File Your
- Crypto Taxes for US Businesses and LLCs
- Delaware Franchise Tax: Deadlines, Amounts, and How Not to Overpay
- Estimated Quarterly Taxes: Dates, Penalties, How to Pay
- FBAR (FinCEN 114): Who Must File and What It Costs to Skip
- Form 1040-NR: The Non-Resident's US Tax Return, Explained
- Form 5472 for Foreign-Owned LLCs: Avoid the $25,000 Penalty
- GAAP Financials for Fundraising: What Investors Want to See
- Hiring US Contractors: 1099-NEC Rules for Business Owners
- How to Get a US EIN Without an SSN (Non-Resident Guide 2026)
- How to Dissolve a US LLC the Right Way
- ITIN Application Guide: How to Get One From Anywhere
- ITIN vs EIN vs SSN: What Each Is and Who Needs It
- The Financial KPIs Every Founder Should Track (and Why)
- LLC Annual Report Deadlines by State (2026)
- LLC vs Sole Proprietorship: When the Upgrade Is Worth It
- Monthly Bookkeeping vs Year-End Scramble: Why It Pays Off
- QuickBooks to Xero Migration: Should You Switch, and How?
- QuickBooks vs Spreadsheets: When to Ditch the Spreadsheet
- The R&D Tax Credit: How Startups Turn Payroll Into Savings
- Reasonable Salary for an S-Corp Owner (How the IRS Decides)
- What Is a Resale Certificate & How to Get One (Step by Step)
- S-Corp vs LLC: Which Actually Saves More Tax in 2026?
- Sales Tax Nexus Explained: When You Must Collect (2026)
- Shopify Seller Taxes: The Complete US Guide
- Single-Member LLC Taxes, Explained in Plain English
- State Franchise Tax Explained (and Who Owes It)
- How Non-Residents Open a US Business Bank Account
- US LLC Compliance Checklist: What to Do After You Form
- US Payroll for Foreign-Owned Companies: A Setup Guide
- US Tax Filing Checklist for LLC Owners (2026): Forms &
- US Taxes for Indian Founders: LLCs, Treaties and Compliance
- W-8BEN vs W-9: Which Form Do You Actually Sign?
- When to Hire a Fractional CFO: 7 Signs You're Ready
- Wyoming vs Delaware LLC: The Honest Comparison