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US Tax Filing for Foreign Owned LLCs
Experience the ease of stress free US tax filing with our dedicated team. Say goodbye to tax related worries.
Flat rate tax returns for all sizes of startups
Maintain compliance, maximize savings, and reduce admin time for your startup with the help of our cost effective tax filing for C Corps, S Corps, and LLCs.
We got all for all sizes
Dedicated Accountant
Your assigned accountant will guide you through the process every step of the way.
Tax saving techniques
We review your situation to uncover every possible tax credit and deduction for your business.
Fast turnaround times
Never miss a deadline. Our advanced tech and expert tax team will help you file quickly.
Fully remote tax filing
Convenient online document sharing, communication, and efile make it easy to work with us.
Trusted privacy & security
We protect your data and identity with industry leading security practices.
100% Compliant. Guaranteed
We stand behind our work. In the unlikely event of an audit, we’ve got your back.
PRICING PACKAGE
Transparent Pricing for Your Peace of Mind
Discover straightforward pricing that fits your needs. Choose your plan and experience stress free tax filing with Micahguru Formations.
Startup Tax
This package is for companies in the pre revenue (gross annual revenue and expenses of $10,000 or less) stage who want to make sure their tax returns are filed correctly from the beginning.
$299
One Time
Growing Tax
Tax package for businesses that are building rapidly, with annual gross revenue and expenses of $10,000 to $50,000.
$599
One Time
Established Tax
This package is for businesses that have gross revenue and expenses of $50,000 to $150,000 or are investing heavily in their company.
$899
One Time
Enterprise Tax
This package is designed for companies with gross revenue and expenses exceeding $150,000, providing comprehensive solutions tailored to their financial needs.
Custom
Get Started
4 Step Paperless Process
From start to finish, our simple four step process puts your taxes and bookkeeping in the hands of the industry's most experienced business accountants.
Quick, Online Setup
Quick, Online Setup streamlines the account creation process, allowing users to efficiently input information and upload documents within minutes.
Secure File Upload
Secure File Upload enables the encrypted transfer of sensitive documents, protecting personal and financial information from unauthorized access.
Accountants Review
Accountants Review provides a professional examination of tax documents to ensure accuracy and compliance, helping clients optimize their tax outcomes.
Filing with the IRS
We send your return to the IRS. Form 5472 with a pro forma Form 1120 goes by fax or by mail, and we keep proof of sending for your records.
Quick, Online Setup
Quick, Online Setup streamlines the account creation process, allowing users to efficiently input information and upload documents within minutes.
Secure File Upload
Secure File Upload enables the encrypted transfer of sensitive documents, protecting personal and financial information from unauthorized access.
Accountants Review
Accountants Review provides a professional examination of tax documents to ensure accuracy and compliance, helping clients optimize their tax outcomes.
Filing with the IRS
We send your return to the IRS. Form 5472 with a pro forma Form 1120 goes by fax or by mail, and we keep proof of sending for your records.
US taxes for a foreign owned LLC, explained simply
My LLC made no money. Do I still have to file with the IRS?
Yes, in most cases. A foreign owned single member LLC files Form 5472 with a pro forma Form 1120 for every year it has reportable transactions with its owner, such as paying formation fees or sending money in. Most LLCs have these every year. The penalty for a missing or substantially incomplete Form 5472 is $25,000.
Do non residents pay US income tax on LLC income?
Only on income effectively connected with a US trade or business, plus a flat 30% (or a treaty rate) on certain passive US income. Many owners who run their business entirely from abroad owe no US income tax, but every case is different, so ask a tax professional about your facts.
How is Form 5472 filed, and when?
A foreign owned single member LLC cannot file Form 5472 electronically. It is faxed or mailed to the IRS with the pro forma Form 1120, and it is due by April 15 for the prior calendar year. Our tax plans start at $299, and the Filing Desk prepares, approves and sends it with proof.
Questions people ask
- Does a foreign owned LLC with no income need to file taxes?
- Yes. A foreign owned single member LLC files Form 5472 with a pro forma Form 1120 for any year it has reportable transactions with its owner, such as paying formation fees or sending money in. Most LLCs have these every year.
- Do non residents pay US tax on LLC income?
- Only on income effectively connected with a US trade or business, plus a flat 30% (or treaty rate) on certain passive US income. Many owners who run their business entirely from abroad owe no US income tax, but ask a tax professional about your facts.
- When is Form 1040-NR due for an LLC owner?
- June 15 for the prior calendar year if you had no US wages subject to withholding, or April 15 if you did. You file it only if you were engaged in a US trade or business or had other US income that requires it.
- Do I need an ITIN to file my LLC taxes?
- The LLC files Form 5472 with its EIN. You need an ITIN when you file a personal Form 1040-NR or claim treaty benefits in your own name.
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