This package Includes:
✔ IRS Tax Filing (LLC / Corp)
✔ Beneficial Ownership Filing
✔ In one Affordable Package✔ Done by an Elite U.S. CPA
✔ AVOID $25,000 and $10,000 PENALTIES
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Tax Filing Package: Single Member LLC
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- Non active company (no income / expenses)
- $0 penalty guaranteed!
Additional fees:
- Active company $99
If you have income / expenses (in the U.S or outside the U.S.) we need to file your balance sheet and income statement. *Bookkeeping service is NOT included. We do offer bookkeeping services, please check our pricing page.
Optional services:
- IRS Filing and proof of filing $49
(we will send your tax returns to the IRS and email you proof of filing which you keep for your recoerds to avoid $25,000 penalties)
Forms included:
✓ Form 1120 (Preparation and Filing)
✓ Form 5472 (Preparation and Filing)
Benefits:
✓ 100% accuracy
✓ No penalty guarantee
✓ Review by tax expert
✓ Life time support
✓ Online forms storage
✓ Digital e-Signature
✓ Live chat support
✓ Email support
If you have a Single-Member LLC (1 owner) that is foreign-owned, then you need to file Form 5472 and Form 1120 every year.
Who Must File form 5472:
Generally, a reporting corporation must file Form 5472 if it had a reportable transaction with a foreign or domestic related party.
The requirements for foreign-owned U.S. Corporations to file Form 5472 and Form 1120 have been around for some time, however, the IRS released TD 9796 and added new regulations to Section 1.6038A-1 of the Code of Federal Regulations. These new changes went into effect on January 1st, 2017 and now also affect all foreign-owned Single-Member LLCs that are Disregarded Entities.
Starting in 2017, all foreign-owned Single-Member LLCs that are Disregarded Entities are now treated as Corporations for federal reporting requirements (submitting information) to the IRS. This doesn’t mean the LLC is paying tax like a Corporation, but rather, it’s simply reporting information like a Corporation.
A Single-Member LLC is automatically considered a Disregarded Entity by the IRS unless the LLC has made a special election to be taxed as a Corporation. The word “disregarded” simply means the IRS “ignores” the LLC for federal tax purposes and taxes the LLC the same way the owner is taxed.
The following types of LLCs have to file Form 5472 and Form 1120 every year:
- a Single-Member LLC that is Disregarded and owned by a non-US resident or foreign company
- a Single-Member LLC that is Foreign-owned and taxed as a Corporation
- a Multi-Member LLC that is taxed as a Corporation and has at least 1 Foreign owner that owns 25% or more of the LLC
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Corporate Transparency Act
Beneficial Ownership Reporting (FinCEN)
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For:
Corporation (Inc) / Limited Liability Company (LLC) / Foreign Company doing business in the US
Owned by: Non U.S. Residents / Non U.S. Citizens (Non U.S. Person)
The new Corporate Transparency Act brings mandatory Beneficial Ownership Reporting for Corporation (Inc) / Limited Liability Company (LLC) / Foreign Company doing business in the US, starting January 1, 2024.
We understand navigating complex government regulations can be confusing and time-consuming. That's why we offer a comprehensive solution to take care of everything for you, ensuring complete compliance and peace of mind.
Please note:
Avoid the risk of a $10,000 penalty and potential legal troubles. Trust our expert service to handle your FinCEN reporting.
Filing Includes:
- Complete Beneficial Ownership Reporting Solution with FinCEN
- Expert Filing: Our team of licensed CPAs will handle the entire FinCEN filing process for your LLC on fincen.gov, guaranteeing accuracy and adherence to all regulations.
- Stress-Free Completion: No need to learn the ropes or worry about paperwork errors. We'll manage every step, from identifying beneficial owners to submitting the report by the deadline.
- Compliance Guarantee: Relax knowing you're protected by our No Penalty Guarantee! We take full responsibility for ensuring your timely and accurate filing, safeguarding you from costly fines.
- Proof of Filing: Receive a confirmation email documenting your successful submission for your records.
Single Member LLC (SMLLC) Complete Tax Filing & BOI Filing Package
After you checkout, we will send you 2 emails:
1. Order confirmation- we ask you to review all the order data and confirm it
2. Request for all the information we need, including: owners information, financials (if needed) and more.
At that point you can change any item on your order
***Company Information:
- The business’s legal name.
- Trade Names: Any registered "doing business as" (DBA) names used by the company
- The current street address of its principal place of business in the U.S.
- Jurisdiction of Formation or Registration: The state or country where the business was incorporated or registered.
- Taxpayer Identification Number (TIN): The company's federal tax identification number, such as its EIN.
- A reporting company will also have to indicate whether it is filing an initial report, or a correction or an update of a prior report.
***Beneficial Owner Information:
- Name: Full legal name of each beneficial owner.
- Date of Birth: Date of birth of each beneficial owner.
- Address: Residential address of each beneficial owner.
- Government-Issued ID Number: A unique identifier issued by a government agency, such as a passport, driver's license, or national ID card.
- The reporting company will also have to report an image of the identification documents.
At that point you can change any item on your order.