Foreign-Owned LLC
Non-resident owner avoids a $25k penalty
Compliantand penalty-free
The Challenge
A foreign owner of a US LLC had never filed Form 5472 and faced a $25,000-per-year penalty.
Our Solution
We prepared the late 5472 + 1120 filings, requested reasonable-cause penalty relief, and set up ongoing compliance.
The Result
Penalties were abated and the LLC is now fully compliant with a simple annual filing routine.
Results shown are a representative example based on a real client engagement. Individual outcomes depend on your specific facts and IRS determinations.
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