What tax forms do you prepare and file for non-U.S. residents?

We specialize in preparing and filing Forms 1120 (C-Corporation returns), Form 5472 (Information Return for 25% Foreign-Owned U.S. Corporation), and Form 1065 (Partnership returns) for non-U.S. residents. As an IRS authorized e-file provider, we ensure your forms are filed accurately and on time to avoid penalties.

How much does your tax filing service cost?

Our tax filing services start at a fixed all-inclusive fee of $399. We offer three comprehensive packages: Total Compliance for Inactive Companies at $1,050/year, Total Compliance for Active Companies at $1,390/year, and Total Compliance for Global Companies at $1,990/year (plus state fees). All packages include complete federal and state compliance with no hidden costs.

What happens if I miss the April 15 or March 15 filing deadline?

Missing the filing deadline can result in a $25,000 penalty from the IRS. We offer a specialized Penalty Removal Application Service to help you avoid or remove these penalties. Our team of tax experts will work to get your penalties waived and ensure future compliance. The next filing deadline is October 15, 2025.

How long have you been helping non-U.S. residents with tax filing?

We have been serving non-U.S. residents since 2004, completing over 230,000 tax filings. As the #1 largest tax firm for non-residents, we have extensive experience with international tax regulations and U.S. compliance requirements. Our track record includes a 4.8/5.0 customer rating on Trustpilot.

Do you guarantee that I won't face IRS penalties?

Yes, we offer a $0 penalty guarantee. Our team of certified tax experts ensures your filing is completed on time, accurately, and in full compliance with U.S. tax code. As stated by our CPA Arik Rozen, we guarantee you will not be subject to any penalties when using our services.

What makes you different from other tax preparation services?

We specialize exclusively in tax services for non-U.S. residents, making us experts in international tax situations. We're an IRS authorized e-file provider, offer fixed all-inclusive pricing with no hidden fees, provide penalty removal services, and have completed over 230,000 filings since 2004. Many clients save $1,000-$2,000 compared to other providers.

Can you help if I'm a client of Firstbase, Doola, Stripe Atlas, StartGlobal, or Bizee?

Yes! We offer special tax filing rates for clients of these company formation services. Over 5,000 non-residents have already switched to Form5472.online and saved up to $1,600 on their tax filing. We provide the same comprehensive services at significantly lower costs than what these platforms typically charge.

What is included in your Total Compliance packages?

Our Total Compliance packages include federal (IRS) tax filing, state filing and annual reports, BOI (Beneficial Ownership Information) filing, registered agent service for 12 months, mailing address service, CPA and CFO support, and complete compliance management. Active company packages also include bookkeeping for up to 1,000 transactions per year.

Do I need to file Form 5472 if I'm a non-U.S. resident with a U.S. company?

Yes, if you own 25% or more of a U.S. corporation as a non-U.S. resident, you must file Form 5472 annually. This form reports transactions between the foreign owner and the U.S. corporation. Failure to file can result in $25,000 penalties. We prepare and file Form 5472 for all eligible clients as part of our comprehensive service.

How quickly can you complete my tax filing?

Most of our clients receive their completed tax filing and confirmation within 2-7 business days after providing all required information. We work efficiently to meet deadlines and ensure timely filing. For urgent cases approaching deadlines, we can prioritize your filing to avoid penalties.

What information do I need to provide for tax filing?

The required information varies by entity type and activity. Generally, you'll need your EIN, business formation documents, bank statements, income records, expense receipts, and details about any transactions with foreign related parties. Our team will provide you with a specific checklist based on your business structure and activities.

Do you provide ongoing support after filing?

Yes, our Total Compliance packages include year-round CPA and CFO support. We monitor compliance requirements, handle correspondence with tax authorities, provide consultation on tax matters, and ensure you stay compliant throughout the year. We also offer a 1-hour consultation with a Certified Public Accountant to discuss your specific needs.

Form 5472 Filing Requirements Explained - IRS Form Filing FAQ

Form5472.online
Dec 29, 2025
4 min read

If you own a U.S. LLC, corporation, or sole proprietorship as a non-U.S. resident, understanding Form 5472 filing requirements is crucial. This form is not just another IRS document; it’s a key to staying compliant and avoiding costly penalties. I’m here to walk you through everything you need to know about Form 5472, so you can file confidently and on time.

What Is Form 5472 and Who Needs to File It? - IRS Form Filing FAQ

Form 5472 is an information return that the IRS requires from certain U.S. entities with foreign ownership or foreign-related party transactions. Specifically, if you have a U.S. corporation or a single-member LLC that is owned by a foreign person or entity, you likely need to file this form.

The purpose of Form 5472 is to report transactions between the reporting corporation and related foreign parties. These transactions can include sales, leases, loans, and other financial dealings. The IRS uses this information to ensure proper tax compliance and to prevent tax evasion.

Who must file?

A U.S. corporation that is at least 25% foreign-owned.
A foreign-owned U.S. disregarded entity (DRE), such as a single-member LLC owned by a foreign person.
Entities that had reportable transactions with related foreign parties during the tax year.

If you fall into any of these categories, you must file Form 5472 along with your annual tax return.

Eye-level view of a tax form with a pen on a wooden desk — Form 5472 filing paperwork on desk

Key Filing Deadlines and Penalties to Watch For - IRS Form Filing FAQ

Filing Form 5472 on time is essential. The form is due when you file your income tax return, including extensions. For example, if your tax return is due on April 15, Form 5472 must be filed by that date or by the extended deadline if you file for an extension.

Penalties for late or missing filings are steep:

$25,000 for each failure to file or to provide complete and accurate information.
Additional $25,000 penalties if the failure continues after IRS notification.
These penalties can add up quickly, so timely and accurate filing is non-negotiable.

To avoid these penalties, keep detailed records of all reportable transactions and start preparing your Form 5472 early. If you’re unsure about your filing status or deadlines, consulting a tax professional can save you from costly mistakes.

What Information Does Form 5472 Require?

Form 5472 requires detailed information about your company and its transactions with foreign-related parties. Here’s what you need to provide:

Basic company information: Name, address, EIN, and ownership details.
Related party information: Name, address, country of residence, and relationship to the reporting entity.
Reportable transactions: Types and amounts of transactions such as sales, purchases, rents, royalties, interest, and loans.
Accounting method: How you account for income and expenses.

It’s important to be thorough and accurate. The IRS expects clear documentation of all reportable transactions. For example, if your foreign parent company loans money to your U.S. LLC, you must report the loan amount, interest paid, and repayment terms.

Keeping organized financial records throughout the year makes this process much easier. Use accounting software or spreadsheets to track related-party transactions as they happen.

Close-up view of a laptop screen showing financial data and tax forms — Tracking financial transactions for Form 5472

How to Prepare and File Form 5472

Filing Form 5472 involves several steps, but it doesn’t have to be overwhelming. Here’s a simple process to follow:

Gather all necessary information: Collect details about your company, foreign owners, and related-party transactions.
Complete the form: You can download Form 5472 from the IRS website. Fill it out carefully, ensuring all fields are accurate.
Attach Form 5472 to your tax return: For corporations, this is usually Form 1120. For single-member LLCs, it’s typically filed with Form 1120 or 1120-F.
File electronically or by mail: The IRS encourages electronic filing, but paper filing is still accepted in some cases.
Keep copies for your records: Always keep a copy of the filed form and supporting documents for at least seven years.

If you’re not comfortable preparing the form yourself, consider using a specialized service like Form5472.online. They offer reliable and affordable assistance tailored to non-U.S. residents with U.S. entities.

Common Mistakes to Avoid When Filing Form 5472

Filing Form 5472 correctly can be tricky, especially if you’re new to U.S. tax requirements. Here are some common pitfalls to watch out for:

Missing the filing deadline: This is the most costly mistake. Mark your calendar and file on time.
Incomplete or inaccurate information: Double-check names, addresses, and transaction amounts.
Failing to report all related-party transactions: Even small transactions must be reported.
Not attaching Form 5472 to the tax return: The IRS will reject your return if the form is missing.
Ignoring recordkeeping requirements: Keep detailed documentation to support your filings.

Avoiding these mistakes will help you stay compliant and reduce stress during tax season.

Staying Compliant and Avoiding Penalties

Compliance with Form 5472 filing requirements is not just about avoiding penalties. It’s about maintaining good standing with the IRS and protecting your business. Here are some tips to help you stay on track:

Start early: Don’t wait until the last minute to gather information and prepare your form.
Use professional help if needed: Tax laws can be complex, and a specialist can ensure accuracy.
Keep detailed records: Maintain organized financial records and documentation of all related-party transactions.
Stay informed: Tax laws and filing requirements can change. Regularly check IRS updates or trusted resources.
Consider electronic filing: It’s faster, more secure, and reduces the chance of errors.

By following these steps, you can file Form 5472 confidently and avoid unnecessary penalties.

Filing Form 5472 may seem daunting at first, but with the right information and preparation, it becomes manageable. Remember, this form is your tool to demonstrate compliance with U.S. tax laws as a non-U.S. resident owning a U.S. entity. If you want to ensure your filings are accurate and timely, consider trusted services like Form5472.online that specialize in helping non-U.S. residents navigate these requirements.

Stay proactive, stay organized, and you’ll keep your business on the right side of the IRS.