Foreign-Owned U.S. Corporation Compliance Services (Forms 5471, 5472, & 8865)

Description

Ensure Full IRS Compliance & Avoid Costly Penalties

Navigating the complex IRS reporting requirements for foreign-owned U.S. corporations and partnerships can be overwhelming. Our expert team provides comprehensive compliance solutions for Form 5471, Form 5472, and Form 8865, ensuring your business meets all regulatory requirements while minimizing risks.

Our Services Include:

📌 Form 5471 – Information Return of U.S. Persons with Respect to Certain Foreign Corporations

• Preparation and filing for U.S. shareholders with ownership in foreign corporations
• Classification and reporting for Categories 1-5 filers
• Compliance with Controlled Foreign Corporation (CFC) rules
• GILTI (Global Intangible Low-Taxed Income) and Subpart F income reporting
• Coordination with international tax laws

📌 Form 5472 – Information Return of a 25% Foreign-Owned U.S. Corporation

• Filing for U.S. corporations with at least 25% foreign ownership
• Identifying related-party transactions and reporting compliance
• Ensuring accurate accounting and transfer pricing documentation
• Avoidance of IRS non-compliance penalties ($25,000 per failure)

📌 Form 8865 – Return of U.S. Persons with Respect to Certain Foreign Partnerships

• Reporting for U.S. persons involved in foreign partnerships
• Compliance with controlled and non-controlled partnership interests
• Ensuring accurate capital account and tax basis reporting
• Addressing international tax implications for U.S. partners