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Tax Filing Package: Single Member LLC $399 Non active company (no income / expenses) $0 penalty guaranteed! Additional fees: Active company $99If you have income / expenses (in the U.S or outside the U.S.) we need to file your balance sheet and income statement. Optional services: IRS Filing and proof of filing $49(we will send your tax returns to the IRS and email you proof of filing which you keep for your recoerds to avoid $25,000 penalties) Forms included:✓ Form 1120 (Preparation and Filing)✓ Form 5472 (Preparation and Filing) Benefits:✓ 100% accuracy✓ No penalty guarantee✓ Review by tax expert✓ Life time support✓ Online forms storage✓ Digital e-Signature✓ Live chat support✓ Email support If you have a Single-Member LLC (1 owner) that is foreign-owned, then you need to file Form 5472 and Form 1120 every year. Who Must File form 5472:Generally, a reporting corporation must file Form 5472 if it had a reportable transaction with a foreign or domestic related party. The requirements for foreign-owned U.S. Corporations to file Form 5472 and Form 1120 have been around for some time, however, the IRS released TD 9796 and added new regulations to Section 1.6038A-1 of the Code of Federal Regulations. These new changes went into effect on January 1st, 2017 and now also affect all foreign-owned Single-Member LLCs that are Disregarded Entities.Starting in 2017, all foreign-owned Single-Member LLCs that are Disregarded Entities are now treated as Corporations for federal reporting requirements (submitting information) to the IRS. This doesn’t mean the LLC is paying tax like a Corporation, but rather, it’s simply reporting information like a Corporation. A Single-Member LLC is automatically considered a Disregarded Entity by the IRS unless the LLC has made a special election to be taxed as a Corporation. The word “disregarded” simply means the IRS “ignores” the LLC for federal tax purposes and taxes the LLC the same way the owner is taxed.The following types of LLCs have to file Form 5472 and Form 1120 every year: a Single-Member LLC that is Disregarded and owned by a non-US resident or foreign company a Single-Member LLC that is Foreign-owned and taxed as a Corporation a Multi-Member LLC that is taxed as a Corporation and has at least 1 Foreign owner that owns 25% or more of the LLC

Tax Filing Package: Multi Member LLC $399 2 Owners / Members Non active company (no income / expenses) $0 penalty guaranteed! Additional fees: 3 or more owners $99 for each owner (will be billed seperately) Active company: $99 If you have income / expenses we need to file your balance sheet and income statement. Optional services: IRS Filing and proof of filing $49(we will send your tax returns to the IRS and email you proof of filing which you keep for your recoerds to avoid $25,000 penalties)Forms included:✓ Form 1065 (Preparation and Filing)✓ Schedule K-1 (Preparation and Filing) Benefits:✓ 100% accuracy✓ No penalty guarantee✓ Review by tax expert✓ Life time support✓ Online forms storage✓ Digital e-Signature✓ Live chat support✓ Email support If you have a Multi-Member LLC (2 owners or more) and all owners are non-US-residents, you need to file Form 1065 with shceuldes A-K and Form K1 for each owner. Domestic PartnershipsExcept as provided below, every domestic partnership must file Form 1065, unless it neither receives income nor incurs any expenditures treated as deductions or credits for federal income tax purposes. To be certified as a qualified opportunity fund (QOF), the partnership must file Form 1065 and attach Form 8996, Qualified Opportunity Fund, even if the partnership had no income or expenses to report. See Schedule B, question 25, and the Instructions for Form 8996. Entities formed as LLCs that are classified as partnerships for federal income tax purposes have the same filing requirements as domestic partnerships. A religious or apostolic organization exempt from income tax under section 501(d) must file Form 1065 to report its taxable income, which must be allocated to its members as a dividend, whether distributed or not. Such an organization must figure its taxable income on an attached statement to Form 1065 in the same manner as a corporation. The organization may use Form 1120, U.S. Corporation Income Tax Return, for this purpose. Enter the organization's taxable income, if any, on line 6a of Schedule K and each member's distributive share in box 6a of Schedule K-1. Net operating losses aren't deductible by the members but may be carried back or forward by the organization under the rules of section 172. The religious or apostolic organization must also make its annual information return available for public inspection. For this purpose, “annual information return” includes an exact copy of Form 1065 and all accompanying schedules and attached statements, except Schedules K-1. For more details, see Regulations section 301.6104(d)-1.A qualifying syndicate, pool, joint venture, or similar organization may elect under section 761(a) not to be treated as a partnership for federal income tax purposes and will not be required to file Form 1065 except for the year of election. For details, see section 761(a) and Regulations section 1.761-2.Real estate mortgage investment conduits (REMICs) must file Form 1066, U.S. Real Estate Mortgage Investment Conduit (REMIC) Income Tax Return.Certain publicly traded partnerships (PTPs) treated as corporations under section 7704 must file Form 1120.Foreign PartnershipsGenerally, a foreign partnership that has gross income effectively connected with the conduct of a trade or business within the United States (ECI) or has gross income derived from sources in the United States (U.S. source income) must file Form 1065, even if its principal place of business is outside the United States or all its members are foreign persons. A foreign partnership required to file a return must generally report all of its foreign and U.S. partnership items.A foreign partnership with U.S. source income isn't required to file Form 1065 if it qualifies for either of the following two exceptions.Exception for foreign partnerships with U.S. partners. A return isn't required if: The partnership had no effectively connected income (ECI) during its tax year; The partnership had U.S. source income of $20,000 or less during its tax year; Less than 1% of any partnership item of income, gain, loss, deduction, or credit was allocable in the aggregate to direct U.S. partners at any time during its tax year; and The partnership isn't a withholding foreign partnership as defined in Regulations section 1.1441-5(c)(2)(i). Exception for foreign partnerships with no U.S. partners. A return isn't required if: The partnership had no ECI during its tax year, The partnership had no U.S. partners at any time during its tax year, All required Forms 1042 and 1042-S were filed by the partnership or another withholding agent as required by Regulations section 1.1461-1(b) and (c), The tax liability of each partner for amounts reportable under Regulations section 1.1461-1(b) and (c) has been fully satisfied by the withholding of tax at the source, and The partnership isn't a withholding foreign partnership as defined in Regulations section 1.1441-5(c)(2)(i). A foreign partnership filing Form 1065 solely to make an election (such as an election to amortize organization expenses) need only provide its name, address, and employer identification number (EIN) on page 1 of the form and attach a statement citing “Regulations section 1.6031(a)-1(b)(5)” and identifying the election being made. A foreign partnership filing Form 1065 solely to make an election must obtain an EIN if it doesn't already have one.

Tax Filing Package: C. Corporation (Inc.) $399 2 Owners / Members Non active company (no income / expenses) $0 penalty guaranteed! Additional fees: 3 or more owners $99 for each owner(will be billed seperately) Active company: $99If you have income / expenses we need to file your balance sheet and income statement. Optional services: IRS Filing and proof of filing $49(we will send your tax returns to the IRS and email you proof of filing which you keep for your recoerds to avoid $25,000 penalties) Forms included:✓ Form 1120 (Preparation and Filing)✓ Form 5472 (Preparation and Filing) Benefits:✓ 100% accuracy✓ No penalty guarantee✓ Review by tax expert✓ Life time support✓ Online forms storage✓ Digital e-Signature✓ Live chat support✓ Email support If you have a C. Corporation (1 owner or more), you need to file Form 1120 with shceuldes A-K and Form 5472 for each 25% owner. Use Form 1120, U.S. Corporation Income Tax Return, to report the income, gains, losses, deductions, credits, and to figure the income tax liability of a corporation.Who Must FileUnless exempt under section 501, all domestic corporations (including corporations in bankruptcy) must file an income tax return whether or not they have taxable income. Domestic corporations must file Form 1120, unless they are required, or elect to file a special return. See Special Returns for Certain Organizations, later. Entities electing to be taxed as corporations.A domestic entity electing to be classified as an association taxable as a corporation must file Form 1120, unless it is required to or elects to file a special return listed under Special Returns for Certain Organizations. The entity must also file Form 8832, Entity Classification Election, and attach a copy of Form 8832 to Form 1120 (or the applicable return) for the year of the election. For more information, see Form 8832 and its instructions. Limited liability companies (LLC).If an entity with more than one owner was formed as an LLC under state law, it is generally treated as a partnership for federal income tax purposes and files Form 1065, U.S. Return of Partnership Income. Generally, a single-member LLC is disregarded as an entity separate from its owner and reports its income and deductions on its owner's federal income tax return. The LLC can file a Form 1120 only if it has filed Form 8832 to elect to be treated as an association taxable as a corporation. For more information about LLCs, see Pub. 3402, Taxation of Limited Liability Companies.Corporations engaged in farming. A corporation (other than a corporation that is a subchapter T cooperative) that engages in farming should use Form 1120 to report the income (loss) from such activities. Enter the income and deductions of the corporation according to the instructions for lines 1 through 10 and 12 through 29.Ownership interest in a Financial Asset Securitization Investment Trust (FASIT). Special rules apply to a FASIT in existence on October 22, 2004, to the extent that regular interests issued by the FASIT before October 22, 2004, continue to remain outstanding in accordance with their original terms. If a corporation holds an ownership interest in a FASIT to which these special rules apply, it must report all items of income, gain, deductions, losses, and credits on the corporation's income tax return (except as provided in section 860H). Show a breakdown of the items on an attached statement. For more information, see sections 860H and 860L (repealed with certain exceptions). Foreign-owned domestic disregarded entities.If a foreign person, including a foreign corporation, wholly owns a domestic disregarded entity (DE), the domestic DE is treated as a domestic corporation separate from its owner (the foreign corporation) for the limited purposes of the requirements under section 6038A that apply to 25% foreign-owned domestic corporations. While a DE is not required to file a U.S. income tax return, a DE covered by these rules is required to file a pro forma Form 1120 with Form 5472 attached by the due date (including extensions) of the return. See the Instructions for Form 5472 for additional information and coordination with Form 5472 reporting by the domestic DE. Qualified opportunity fund.To be certified as a qualified opportunity fund (QOF), the corporation must file Form 1120 and attach Form 8996, even if the corporation had no income or expenses to report. See Schedule K, Question 25. Also, see the Instructions for Form 8996.Qualified opportunity investment. If the corporation held a qualified investment in a QOF at any time during the year, the corporation must file its return with Form 8997, Initial and Annual Statement of Qualified Opportunity Fund Investments, attached. See the instructions for Form 8997.