I will file form 1120 and 5472 for foreign owned US llc
Certified CPA, Financial Statements P and L,Projections Expert
About this Gig
For foreign-owned businesses, navigating U.S. tax reporting rules can be difficult, but it doesn't have to be.
Hello, my name is Adam, and I have years of expertise working with foreign nationals and foreign-owned U.S. companies as a federally licensed Enrolled Agent. My aim? to make sure you never have to worry about filing wrong or missing a deadline.
I offer thorough tax assistance and professional tax advice for:
- U.S. Single Member LLCs with Foreign Owners
- Multiple Member LLCs Owned by Foreigners
- Foreign-Owned LLCs and U.S. Domestic C-Corps Are Taxed Like C-Corps
- Non-US citizens who have tax obligations in the US
Why collaborate with me?
- Expertise in U.S. Taxation for Foreign Entrepreneurs and Non-residents
- A track record of successfully handling challenging tax circumstances
- Comfort from timely and accurate filings
- Individualized, practical assistance from beginning to end
Are you unclear if this gig is the correct fit for you or have any questions?
Please feel free to message me! I'll be pleased to respond to your inquiries, guide you through the procedure, and assist you in choosing the best course of action for your U.S. tax filing obligations.
Entity type:
LLC
Target country:
US - Federal
Industry:
E-Commerce
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Financial services
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Marketing & advertising
Gigs are not screened
Please note that there is no screening process for this service. We recommend that you message the freelancer and check all necessary details before placing your order. Read more about Financial services at Fiverr.
FAQ
Is Form 5472 an income tax return?
No, Form 5472 is not an income tax return. It’s an informational form that reports transactions between a U.S. LLC or corporation and its foreign owner or related parties. Filing it doesn’t replace your income tax obligations.
What are reportable transactions?
Reportable transactions include any financial activity between a U.S. LLC and its foreign owner or related party such as amounts paid or received in connection with the formation, dissolution, acquisition, and disposition of the entity, including contributions to and distributions from the entity.
What if I already missed the deadline?
No worries! If you missed the deadline, file ASAP to avoid/reduce penalties. I’ve helped hundreds of late filers and non-filers become tax compliant with ease. Reach out, and I’ll guide you through the process to get things sorted quickly.
Is there a deadline for filing Form 5472?
Yes! Form 5472 must be filed along with Form 1120 by April 15 each year. If you need more time, you can request an extension by filing Form 7004 before the deadline.
How long does it take to complete the filing?
Once I receive all required documents, I typically deliver the filing within 2-4 business days.
What happens after I place an order?
You’ll get a questionnaire to gather the required info. I’ll review the provided documents, then get to work. Once your return is ready, I’ll send it to you for review and signature. After you sign, I’ll handle the filing with the IRS and send you the filing receipt.
Is it really necessary to file?
Yes! Filing is mandatory for foreign-owned U.S. LLCs with reportable transactions. Skipping it can lead to hefty IRS penalties starting at $25,000. Staying compliant not only avoids penalties but also keeps your business in good standing.
