US Tax Filing is now open! 
US Business Tax Filing
We are a team of experienced CPAs, Enrolled Agents, Certifying Acceptance Agents and Certified tax preparers with immense knowledge and up to date information about IRS tax rules. We make sure that your taxes are done just right and minimize your tax liabilities by educating you about various expenditure heads which may be applicable in your case.
There are a lot of US tax preparers available online for individual returns but onl y a few of them have the knowledge and expertise in handling the tax returns of the businesses owned by non-residents.
Single Member LLC:
For US federal tax purposes, a non-resident member of a single-member LLC (SMLLC) is deemed to be a Disregarded Entity (DE) by default. It means the IRS does not consider the LLC a separate entity in terms of filing taxes. Instead, the LLC’s income, deductions, and actions through the LLC are reported on the owner’s personal tax return (if applicable).
For SMLLCs owned by non-residents with no U.S. trade or business activity, reporting requirements differ. Entities must file an informational (proforma) return to report their ownership and report certain transactions, even when there is no taxable income.
Forms Used by Single-Member LLCs
- Form 1120 Proforma - Non-resident-owned SMLLCs can use a proforma Form 1120 to summarise current-year business activity. This is the basic information about the LLC and includes its name, EIN, and address but does not report any income or expenses unless there is taxable U.S. activity.
- Form 5472 - SMLLCs owned by foreign persons must prepare Form 5472 to report reportable transactions between the SMLLC and its foreign owner or other related parties to the IRS.
- Reportable Transactions: Loans, payments, reimbursements, and capital contributions.
- Purpose: This form enables the IRS to monitor financial transactions between foreign-owned firms and ensure compliance with U.S. tax regulations.
Method of Tax Preparation & Filing
Non-resident single-member LLCs cannot generally e-file their tax returns due to the inclusion of the Form 5472. Instead, the returns need to be mailed to the IRS as paper filings.
Note: Filing deadlines are strict, and penalties for late or incomplete submissions can be significant, with fines starting at $25,000 per violation.
Corporation Tax Implications:
A C-Corporation (C-Corp) is a separate legal entity from its owners or shareholders. This separation comes with unique advantages such as limited liability and potential growth opportunities, but these may also be coupled with certain tax liabilities. C-Corps are treated as taxable entities at corporate levels; this makes them a different business structure in comparison with S-Corporations.
Tax Forms Used by C-Corporations
- Form 1120 - U.S. Corporation Income Tax Return - This is the main form filed by C-Corps to report income, deductions, and credits. Depending on the corporation's activities, additional schedules might be required, such as Schedule G for information regarding shareholders and Schedule J for tax computation purposes.
- Form 5472 - Information Return of a 25% Foreign-Owned U.S. Corporation - It will be required to file a Form 5472 if the corporation has foreign ownership, that is, 25% or more, or deals with related foreign parties. Such a form is required for reporting financial transactions between the corporation and its foreign shareholder.
Method of Tax Preparation & Filing
- Paper Returns for Form 5472 - In most cases, Form 5472 is attached to the paper Form 1120 return, as e-filing is rarely available for such cases. Thus, the preparation has to be timely and precise to avoid delays.
- E-Filing for Form 1120 (where applicable) - Form 1120, thus simplifying matters and speeding up processing times, except for those cases involving Form 5472.
INDIVIDUAL TAX FILING
Non-residents and foreign business owners with U.S.-sourced income must file Form 1040NR to report income and comply with U.S. tax laws. Also, they need to secure an ITIN for tax identification. Business owners may be required to file Form 5472 if they have transactions with U.S. entities. Form 1040NR can generally be e-filed while Form 5472 is usually paper-filed. Accurate filing assures compliance and relief from taxes.
Tax Filing Requirements for Business Owners
- Form 1040NR—U.S. Nonresident Alien Income Tax Return -
- Non-residents use IRS Form 1040NR to report income sourced from the United States while claiming deductions or credits.
- This encompasses income derived from businesses, investments, or evidence of trade activities in the U.S.
- Additional schedules may be required, such as Schedule NEC (Non-Effectively Connected Income) or Schedule OI (Other Information), based on the type of income earned.
- Form 5472—Information Return—
- If an individual is a member of the multi-member LLC or a shareholder with foreign ownership in a corporation, it would be hard to escape the need to file Form 5472.
- It consists of the financial transactions between the foreign owners or pertinent parties of the entity in the U.S.
- Form 5472 has various serious implications in terms of compliance and penalties if late or wrong filing takes place.
Method of Tax Preparation & Filing
Though 1040NR can now be e-filed, since 5472 for businesses can be very rarely e-filed, ideally all the returns should be paper filed by mailing to the IRS.
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Why get your US tax filing services through Koshika LLC?
Because we work with an IRS-certified Tax preparer.
Guaranteed Accuracy for Your U.S. Tax Filing
Ensure an error-free tax filing with our professional services. At StartUSACompany, we guarantee a proper and IRS-compliant preparation, allowing you peace of mind and lowering the chances of penalties.
U.S. Business Tax Filings with Easy Bank Account Integration
StartUSACompany makes it simpler to open a U.S. business bank account. We will walk you through the qualifications so that you can set up without a hiccup and focus on growing your business.
Avoid Costly Tax Filing Errors – We’ve Got You Covered
Make sure your tax filing is correct and in compliance with examined expertise. Lessening the risk of mistake, penalties, and delay through professionalism according to certain needs.
Helping Entrepreneurs Without SSNs Navigate U.S. Taxes
Get the support you need to file taxes in the U.S. without an SSN. From obtaining an ITIN to ensuring compliance, we simplify the process for non-resident entrepreneurs.
"Effortless ITIN and EIN Services for Streamlined U.S. Tax Filing
Speed up the processing of ITINs and EINs with professional assistance. Enabling a quick, easy setup keeps your U.S. business flow smooth.
Expert Tax Filing for U.S. LLCs, C-Corps, and S-Corps
Seek professional guidance regarding the different tax requirements for LLCs, C-Corp and S-Corp. Thus, file and keep up with the IRS regulation.
Frequently Asked Questions about US Taxation
You can apply for ITIN along with tax return. Please send us the relevant documents and schedule an appointment for more details.
StartUSACompany provides a straightforward and stress-free tax filing process specifically designed for businesses, entrepreneurs and individuals. We leverage our expertise to work with you individually to keep you IRS compliant and provide you with the most deductions and credits possible. From U.S. tax laws to startup complexity or international businesses, you can trust our tax professionals to make returning to your taxes easy, accurate and stress-free.
We prepare and file federal and state tax returns, address tax planning and extensions, represent clients before the IRS, etc. Make sure you are compliant with corporate tax for startups and businesses, and do tax optimization.
Our services are intended for:
- U.S. citizens and residents.
- Income or businesses of non-residents based in the U.S.
- Ideal for startups and entrepreneurs: corporate tax compliance.
- Whether you are a new business or an individual in need of professional advice, we are here to help.
Yes, we work with non-residents and international entrepreneurs to help them navigate U.S. tax requirements. Whether you have separate filings as a foreign entity, benefit from a treaty, or need assistance for business compliance, we will be able to assist you in the right way.
Getting started is easy! If you would like to learn more about how we can help you, please contact us to schedule a consultation or fill out our online form. After you enter your information, we will run through the process with you, taking care of all the HASSLE for you.
StartUSACompany mails your ITIN application and supporting documentation to the IRS. The IRS will review the application and issue the Individual Taxpayer ID Number; this process takes a minimum of 12 weeks to 16 weeks. The IRS will send a letter to USC containing your new ITIN, which will be forwarded to your local address.
Our systems and team are also well capable of preparing and filing most tax returns within a matter of days once all relevant documents are available. For businesses or complex file we give clear timelines to ensure everything is filed in a timely manner.
Yes, we do corporate tax returns for startups and small businesses, including LLCs, C-corps, and S-corps! We will walk you through federal, state, and local tax obligations while looking for ways to minimise your tax liability in the process.
Absolutely. Our tax professionals can help you resolve IRS notices, enrol in payment plans, or negotiate offers in compromise." To protect your interests, we also provide assistance in audits or disputes.
We charge on a per hour or per project basis based on your needs. Regardless of whether you’re filing as an individual, business, or non-resident, we have the competitive rates for expert service. Due to the individual nature of taxes, please reach out for a personalized quote.
We are here for you beyond filing your taxes. Our team offers support after filing as well, in the event you receive IRS notices or have questions about your return.
US Taxation Testimonials
