Confirm scope
One filing year, entity ownership, EIN status, and basic transaction facts are confirmed in the portal.
Foreign-Owned U.S. Entity Compliance
Form 5472 + Pro-Forma 1120 Filing
A foreign-owned single-member U.S. LLC generally has to file Form 5472 for every year it has a reportable transaction with its owner or another related party, and skipping it carries a $25,000 penalty. We prepare a clean standalone Form 5472 and pro-forma Form 1120 for a flat $1,800 - built for foreign-owned companies and disregarded LLCs that need one precise annual filing, not a full custom tax engagement.
Secure checkout via Stripe. Prepared by an Enrolled Agent. Final scope confirmed in writing before any work begins.
In short: A foreign-owned single-member U.S. LLC that skips a required Form 5472 faces a $25,000 penalty. This flat-fee service prepares one clean standalone Form 5472 and pro-forma Form 1120 for a single filing year. If the matter includes late filings, penalties, bookkeeping gaps, formation work, or broader tax returns, we route it through a scope check first.
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What's Included
- One clearly scoped Form 5472 filing year
- Pro-forma Form 1120 package prepared with the Form 5472
- Ownership and reportable transaction review based on the records you provide
- Document request checklist through the client portal
- Final professional review before filing or delivery
Timing: Scope and timing are confirmed in writing before an engagement begins.
Not included:
- Company formation or registered agent work
- Bookkeeping cleanup or reconstruction
- Penalty abatement or IRS representation
- Multi-year catch-up analysis without separate scope approval
What Happens After You Purchase
- 1Secure checkout via Stripe
- 2Your client portal invitation arrives by email
- 3Upload your documents securely
- 4Prepared and delivered by an Enrolled Agent
"Arc & Ledger provided exceptional service, making my tax preparation seamless and stress-free."
- Christian S.
What this filing does
Form 5472 reports certain transactions between a reportable U.S. corporation or foreign-owned U.S. disregarded entity and related foreign parties. For many foreign-owned single-member LLCs, the package is filed with a pro-forma Form 1120 even when there is no regular U.S. income tax return due for that entity.
The work is compliance-focused: identify the filing year, confirm ownership and entity classification, organize reportable transactions, prepare the forms, and keep the filing record clean enough that a future IRS question can be answered from the file.
Sources used for the filing framework: IRS Form 5472, IRS instructions, and IRC 6038A.
Do not buy this as a shortcut if the facts are not clean
- You have multiple late years or IRS penalty notices.
- Your books do not identify owner payments, contributions, or reimbursements.
- You also need a business income tax return, state filing, or foreign reporting analysis.
- You are still deciding whether the company should exist or be dissolved.
The clean standalone path
Direct checkout is appropriate when the filing is bounded. That keeps the client experience simple while preserving the professional review gate before anything is filed.
Collect documents
You upload formation records, EIN letter, owner ledger, bank records, and related-party transaction details.
Prepare and review
Form 5472 and the pro-forma Form 1120 are prepared, reviewed, and delivered or filed under the engagement scope.
Client protection built into the workflow
The product is direct-checkout because portal fulfillment is wired, but it still keeps the same operating rule as the rest of the firm: data collection and drafting follow written procedures, and final professional judgment is applied by an Enrolled Agent before filing or delivery.
- No email attachments for sensitive documents
- A document checklist instead of scattered client messages
- A defined scope before work starts
- Escalation to scope-first review when facts stop being clean
Privacy matters more here
Form 5472 files often include ownership, money movement, EIN records, and foreign owner details. The workflow is built around portal upload and restricted review rather than long email threads.
The public page explains the filing. Sensitive facts belong in the portal, not in open website chat or unsecured email attachments.
Deadlines and penalties require fact-specific review
Form 5472 is generally attached to a pro-forma Form 1120 by the filing deadline for that entity year. Extensions, late filings, and penalty-response strategy depend on the specific tax year and facts, so the standalone product stays narrow by design.
Frequently Asked Questions
Common questions about this service area.
Related Services
Explore other ways we support our clients.
International Tax
Cross-border tax compliance, foreign reporting forms, treaty positions, and catch-up filing support.
Learn MoreBusiness Formation
If you are still setting up the company, start with formation packages from $499 before buying a standalone filing.
Learn MoreEIN Application
Need an EIN before the filing can be completed? Use the separate EIN application service.
Learn MoreITIN Application
For non-U.S. owners who also need an ITIN for broader U.S. tax filing needs.
Learn MoreFile Form 5472 Without Turning It Into a Custom Project
Use direct checkout only when the filing is a clean standalone Form 5472 and pro-forma 1120 matter. If the facts are messy, start with a scope check instead.
Arc & Ledger takes on work selectively. Each request is reviewed for fit with our practice areas, and scope and timing are confirmed in writing before an engagement begins.
“Arc & Ledger provided exceptional service, making my tax preparation seamless and stress-free.”– Christian S., Google Review
A secure Client Portal invitation is sent only after Arc & Ledger accepts the engagement or you purchase an available fixed-scope service. A call, waitlist entry, or contact form alone does not create portal access.