I can confirm, Stripe is very proactive in getting in touch around tax time. But I guess many people just forget and pay late fees or get letters such as above.
One question which is not clear for me - is it possible to dissolve a company through Stripe Atlas?
How do you define proactive? I didn't get any notifications. I would've appreciated an SMS or even a courtesy call. As somebody who has to manage dozens of email accounts, it's possible that I missed it.
Stripe Atlas does not help you dissolve a company, it's an extra few hundred dollars in fees and more if you hire ppl.
In total, my mistake is going to cost me around 1000 USD, vs 100k. It was wrong for me to assume that Stripe Atlas would explain these potential pitfalls, all of which were not made clear when I signed up.
I think just for future cases, it would be great to explain these hidden costs like on this site:
Had I been made aware of that site, I wouldn't have done it. The cost and legal exposure to the Land of Lawsuits was a stupid decision.
If you are not American, don't use Stripe Atlas like flagtheory writes on his website....if Patrick didn't promote it I wouldn't have joined Atlas in the first place so obviously he's doing a good job, but really wish that the hidden costs and risks are made clearer to non-Americans.
that is all. I don't hold a grudge against patrick or stripe, in the end, I did not do my own due diligence, and just blindly trusted what was advertised. it's my fault that I'm in this situation and I apologize if I have used strong languages, waking up to fact that you owe 100k in taxes, in an unfamiliar land, can cause panic.
You seem to be moving the goalposts in an attempt to remain outraged.
Surely you knew that there was a ~$500/year fee to have a US corporation when you created yours. There are no remaining "pitfalls" or "hidden costs" or "stupid decisions" or "risks" to your situation.
And you knew that when you wrote this comment. Your scary situation went away completely. One would expect you to be relieved. Why are you still behaving like this?
Comments
I can confirm, Stripe is very proactive in getting in touch around tax time. But I guess many people just forget and pay late fees or get letters such as above.
One question which is not clear for me - is it possible to dissolve a company through Stripe Atlas?
How do you define proactive? I didn't get any notifications. I would've appreciated an SMS or even a courtesy call. As somebody who has to manage dozens of email accounts, it's possible that I missed it.
Stripe Atlas does not help you dissolve a company, it's an extra few hundred dollars in fees and more if you hire ppl.
In total, my mistake is going to cost me around 1000 USD, vs 100k. It was wrong for me to assume that Stripe Atlas would explain these potential pitfalls, all of which were not made clear when I signed up.
I think just for future cases, it would be great to explain these hidden costs like on this site:
https://flagtheory.com/stripe-atlas/
Had I been made aware of that site, I wouldn't have done it. The cost and legal exposure to the Land of Lawsuits was a stupid decision.
If you are not American, don't use Stripe Atlas like flagtheory writes on his website....if Patrick didn't promote it I wouldn't have joined Atlas in the first place so obviously he's doing a good job, but really wish that the hidden costs and risks are made clearer to non-Americans.
that is all. I don't hold a grudge against patrick or stripe, in the end, I did not do my own due diligence, and just blindly trusted what was advertised. it's my fault that I'm in this situation and I apologize if I have used strong languages, waking up to fact that you owe 100k in taxes, in an unfamiliar land, can cause panic.
You seem to be moving the goalposts in an attempt to remain outraged.
Surely you knew that there was a ~$500/year fee to have a US corporation when you created yours. There are no remaining "pitfalls" or "hidden costs" or "stupid decisions" or "risks" to your situation.
And you knew that when you wrote this comment. Your scary situation went away completely. One would expect you to be relieved. Why are you still behaving like this?