Does a foreign-owned single-member LLC need to file a U.S. tax return?
Yes. A U.S. single-member LLC owned by a foreign person generally must file Form 5472 attached to a pro forma Form 1120 each year it has reportable transactions with its owner, even with no U.S. income. The penalty for not filing starts at $25,000.
Which tax returns do you prepare?
Form 1040 for individuals, Form 1065 for partnerships and multi-member LLCs, Form 1120-S for S corporations, Form 1120 for C corporations, and Form 5472 for foreign-owned LLCs and corporations.
Do you do bookkeeping for Amazon and Shopify sellers?
Yes, it is one of our specialties. We reconcile every payout to gross sales, record marketplace fees, refunds and ad spend separately, and keep inventory and cost of goods sold accurate for Amazon, Shopify, Etsy, Walmart and TikTok Shop sellers.
Can you form a U.S. LLC for a non-resident?
Yes. We handle the state filing, registered agent, EIN application and operating agreement, then set up your bookkeeping and annual filing calendar so nothing is missed.
Do you offer white-label support to CPA and EA firms?
Yes. We prepare returns and workpapers for your review and signature and deliver monthly bookkeeping under your firm's name, protected by an NDA.
How much do your services cost?
Pricing depends on your scope and complexity: forms required, transaction volume, number of entities and the condition of your records. Individual returns start at $199, business returns at $599, Form 5472 at $349 and bookkeeping at $199 per month. CPA and EA firm support is priced on volume. You receive a written custom quote before any work begins.