Comprehensive Foreign Entity Reporting to Navigate Complex Requirements
Foreign Entity Ownership Reporting
Services Overview
Navigate entity-reporting currents with expert precision.
Ownership in foreign corporations, partnerships, or disregarded entities triggers intricate U.S. disclosures. We prepare Forms 5471, 8865, and 8858, advise on strategic elections, and ensure total compliance.
Frequently Asked Questions
When is Form 5471 required?
Annual if U.S. owners collectively exceed 50% (CFC); transactional when any owner crosses the 10% threshold.
What triggers Form 8865 filings?
Annual for over 50% foreign partnership ownership; transactional for a 10% change in a U.S. partner’s interest.
How can elections reduce my tax?
We guide check-the-box (8832), high-tax/QBAI exceptions, and Section 962 elections to optimize your tax position.
What info is needed for Form 8858?
Complete financial statements, ownership details, and classification election choices enable accurate DRE reporting.
How are multiple entities coordinated?
We align filings across all entities, ensuring consistent reporting, election cohesion, and unified deadlines.
More Individual Tax Services
Crypto & Digital Asset Reporting
FBAR Reporting (FinCEN 114)
FATCA Asset Reporting (Form 8938)
Foreign Trust & Gift Reporting
Nonresident & Dual Status Filers
PFIC Reporting (Form 8621)
Streamlined Filing Compliance Procedures
Federal, Amended, and State Tax Return Preparation
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