Doing business in the 21st century often includes operations done internationally. For these, there are numerous tax returns required to be filed (form 5471, 5472, 8858, 8883, 8886, 8918, 8938, etc.) which are often overlooked by taxpayers every year. With this fact in mind, the government has established procedures for late & non-filers to “catchRead More
IRS form 5471 is a form used for US persons to disclose their ownership in a foreign corporation.
We created these resources to help you file this tax form and what category you may fall under.