Foreign Business Ownership Reporting

• Owning shares in a foreign company can trigger mandatory IRS reporting — even if the business had no profit.
• Failure to disclose foreign ownership properly can result in automatic penalties starting at $10,000 per form.
• Accurate reporting protects you from severe compliance and enforcement exposure.

Discover more

Form 5471 Filing Services

• Form 5471 filing is required for many U.S. shareholders of foreign corporations — even when no dividends are received.
• Penalties for failure to file can exceed $10,000 per year, per form.
• Accurate CFC reporting protects against severe IRS enforcement and extended statute exposure.

Discover more

Form 8865 Partnership Reporting

• U.S. partners in foreign partnerships face strict disclosure requirements
• Ownership percentage and control determine reporting categories.
• Improper filing can result in substantial IRS penalties.

Discover more

Foreign Investment Reporting Services

• Foreign investments are not invisible to U.S. tax authorities.
• Ownership and control thresholds determine whether disclosure is required.
• Proper reporting reduces the risk of audits and long-term compliance issues.

Discover more

Controlled Foreign Corporation Reporting

• CFC rules can require U.S. shareholders to pay tax on foreign earnings they never received.
• Subpart F and GILTI calculations are complex and highly scrutinized.
• Accurate reporting prevents severe penalties and extended IRS review.

Discover more