I'm in the US..and am a single founder. I figured since I was in the US and since my service is offered over the internet I shouldn't have to do anything special. I just see an opportunity in going beyond the US.
If anyone else knows some solid facts on this I would appreciate it!
I mean, really the US tax system is so complex that there really isn't any such thing as a "solid fact" - It's law. Complex law. there is precedent, sure, but it's never 100%.
Advice from HN won't cover your ass when the IRS comes knocking. Now, a tax professional doesn't absolutely cover your ass, either, but aside from the fact that they are probably right more often than random people on the Internet, it does go towards the "I was trying to follow the law" bit, and will probably result in lighter penalties even if you are still at fault.