Browse categories
Explore
Fiverr Pro
English
$
USD
I will prepare and file form 5472 and proforma 1120
US Tax Consultant Tax Preparer Bookkeeper and Accountant
Hi, I am Shani Kkr, an IRS-Certified U.S. Tax Preparer having PTIN specialized in the preparation and E-filing of Individual Taxes (Form 1040, 1040NR, 1040X), Business Taxes (Forms 1065, 1120, 1120-S,...
Level 2
Has met high performance criteria and has a proven track record for meeting client expectations.
About this Gig
What sets us apart is our deep specialization in ensuring full IRS compliance for foreign-owned U.S. Single-Member LLCs, which are considered Disregarded Entities for U.S. tax purposes.
Many foreign business owners are unaware that their U.S. LLC must still file Form 5472 along with a Proforma 1120, even if the LLC has no U.S.-sourced income.
Service includes:
️ Preparation and timely filing of Form 5472 & Proforma 1120
️ Expert handling of reportable transactions (capital contributions, loans, services, etc.)
️ Guidance to avoid penalties of $25,000 + per year for non-compliance
️ Advisory on proper U.S. tax classification and entity structuring for foreign owners
Our deep understanding of international tax compliance, paired with hands-on experience across all 50 U.S. states, ensures peace of mind for non-resident business owners. With ever-increasing IRS scrutiny on foreign-owned U.S. entities, our precision and reliability make us the go-to experts for this niche but critical filing requirement.
Let us handle the complexities so you can focus on growing your business while staying penalty-free.
Entity type:
Corporation
•
LLC
Income type:
Business
•
Self-Employment
•
Investment
Target country:
US - Federal
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.
Other Tax Consulting Services I Offer
FAQ
Q1) Who is required to file Form 5472 and Proforma 1120?
If you’re a non-U.S. person who owns a U.S. Single-Member LLC, you are required by the IRS to file Form 5472 along with a Proforma 1120, even if your LLC had no income or activity. This applies to all foreign-owned disregarded entities.
Q2) What is a Proforma 1120?
A Proforma 1120 is a simplified version of the U.S. corporate tax return (Form 1120) submitted solely to attach Form 5472. It includes basic entity details but does not report income or tax due—unless the LLC is engaged in a U.S. trade or business.
Q3) What happens if I don’t file Form 5472 on time?
The IRS imposes a minimum penalty of $25,000 per year for each non-filed or late-filed Form 5472. Additional penalties can apply for continued noncompliance, and the IRS can invalidate your EIN or take enforcement actions.
Q4) Can you file Form 5472 for my LLC if I’m outside the U.S.?
Yes. We specialize in working with non-resident business owners and can handle the entire process remotely.
