Expert Tax Filing for Your U.S. LLC, Simplified
Effortless IRS Compliance for Foreign-Owned LLCs
Our Foreign-Owned U.S. Business Package provides a straightforward, flat-fee solution to meet IRS compliance requirements for foreign-owned U.S. single-member LLCs, helping you avoid costly penalties.
What’s Included in the
Foreign-Owned U.S. Business Package
| Form Schedule | Description | Included |
|---|---|---|
| Form 1120 | Pro-forma Form 1120 (Foreign-owned U.S. Single-Member LLC) | |
| Form 5472 | Information Return of a 25% Foreign-Owned U.S. Corporation or Foreign-Owned Single-Member LLC | |
| Federal Extension | Automatic extension filing to October 15 | |
| Submission | Secure fax submission of your tax returns to the IRS processing center. | |
Add-ons
| Form Schedule | Description | Included |
|---|---|---|
| Schedule C | Additional Profit or Loss from Business (self-employment or single-member LLC) | $100 |
| Schedule E | Additional properties/K-1s | $100 |
| State Income Tax Return | Extra state income tax return | $150 |
| Form 8621 | Information Return by a Shareholder of a Passive Foreign Investment Company | $75 |
| Form 3520 | Annual Return To Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts | $200 |
| Form 3520-A | Annual Information Return of Foreign Trust With a U.S. Owner | $300 |
| Form 5471 | Information Return of U.S. Persons With Respect To Certain Foreign Corporations | $500 |
| Form 8858 | Information Return of U.S. Persons With Respect to Foreign Disregarded Entities and Foreign Branches | $300 |
| Form 8865 | Return of U.S. Persons With Respect to Certain Foreign Partnerships | $500 |
| Form 709 | U.S. Gift Tax Return | $300 |
| Form W-7 | Application for IRS Individual Taxpayer Identification Number | $200 |
| Form 1040-X | Amended U.S. Individual Income Tax Return | Request custom quote |
Why Choose the Foreign-Owned US Business Package?
- Flat-fee pricing — includes all core compliance forms for foreign-owned LLCs
- Automatic extension to October 15 — helps protect against $25,000 late-filing penalties
- Secure fax submission to the IRS on your behalf — no technical hassle
- Expert guidance from professionals who understand the unique rules for foreign-owned U.S. disregarded entities
- Bilingual support in English and Spanish for smooth, clear communication
Don't Risk Costly Penalties: Solve These Common Issues
Problem
Many foreign owners don’t realize that even if the LLC had no income, the IRS still requires an annual disclosure (Form 5472 + pro-forma 1120). Missing it can trigger steep penalties.
It’s not always obvious what qualifies as a reportable transaction or what financial details need to be disclosed about the LLC.
Not filing the required forms can lead to a $25,000 penalty
Solution
We handle the required filing—even if your LLC had no activity—to help you stay compliant and avoid the $25,000 penalty for late or missing disclosures.
We guide you through gathering only the details required so you can file accurately without over-disclosing.
We prepare and submit the necessary forms for your foreign-owned U.S. LLC, on time and correctly, so you avoid costly penalties.
Problem
Many foreign owners don’t realize that even if the LLC had no income, the IRS still requires an annual disclosure (Form 5472 + pro-forma 1120). Missing it can trigger steep penalties.
Solution
We handle the required filing—even if your LLC had no activity—to help you stay compliant and avoid the $25,000 penalty for late or missing disclosures.
Problem
It’s not always obvious what qualifies as a reportable transaction or what financial details need to be disclosed about the LLC.
Solution
We guide you through gathering only the details required so you can file accurately without over-disclosing.
Problem
Not filing the required forms can lead to a $25,000 penalty
Solution
We prepare and submit the necessary forms for your foreign-owned U.S. LLC, on time and correctly, so you avoid costly penalties.
How We Work?
Sign Up
Join our secure portal and complete a short intake form. We’ll send your engagement letter with clear pricing before we begin.
Share Your Details
Review & File
We’ll prepare and review your return. You approve it, and we e-file with the IRS and/or state as required.
Join our portal and take the first step.
Stay in Control of Your Tax Return
Frequently Asked Questions
What’s included in the Foreign-Owned US Business Package?
This package is designed for foreign owners of disregarded entities (single-member LLCs) and includes the preparation of Pro-forma Form 1120 and Form 5472 for required foreign-owned LLC reporting. We also offer complimentary IRS fax submission of your filings on your behalf, and we provide an automatic 6-month filing extension to protect you from late filing penalties—all for a competitive price.
What are the filing deadlines, and what happens if I miss them?
Foreign-owned U.S. disregarded entities (typically single-member LLCs) are required to file Form 5472 attached to a pro forma Form 1120, even though they are not subject to income tax. The filing deadline is the 15th day of the 4th month following the end of the entity’s tax year. If the foreign owner has U.S. tax filing requirements, the LLC uses the same tax year as the owner. If not, the calendar year is used, making the deadline April 15 in most cases.
Failure to file on time may result in a $25,000 penalty per Form 5472. Our package includes assistance with filing Form 7004, which automatically extends the deadline by 6 months, helping you avoid costly penalties.
What types of transactions must be reported on Form 5472?
The IRS requires foreign-owned LLCs to report certain financial transactions between the LLC and its owner or other related parties. This can include:
- Sending money to the LLC (contributions)
- Taking money out (distributions)
- Payments for services, rent, or interest
- Loans or asset transfers
These must be reported even if the LLC had no income. Our package ensures all required transactions are properly reported, so you’re protected from penalties.
Join Now and Protect Your Business! Start your tax compliance process with American Tax Filings today.
Ensure your U.S. single-member LLC meets IRS requirements without stress—American Tax Filings makes compliance simple and affordable!
