Form 5472 for Foreign-Owned US LLCs: Who Files, When & Penalties
If you own a US LLC from outside the United States, Form 5472 is probably the most important — and most overlooked — filing on your calendar. Since 2017, foreign-owned single-member LLCs that are treated as “disregarded entities” must file Form 5472 each year, and missing it carries a $25,000 penalty that escalates. This guide […]