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Services for Corporations

As an integrated firm of tax lawyers and accountants, US Tax & Financial Services is a strong alternative to the Big 4 in terms of pricing, experience in multiple situations with senior people, and we are local to these markets. With a pragmatic and experienced first class corporate team, we provide an individualized proactive service and do not follow any pre-determined positions.

We work with many different types of entities including:

  • US Corporations
  • Foreign Corporations
  • Controlled Foreign Corporations
  • Limited Liability Companies
  • Passive Foreign Investment Companies (PFICs)
  • US Partnerships
  • Foreign Partnerships
  • Controlled Foreign Partnerships
  • Limited Liability Partnerships

Advisory:

  • UBTI, Unrelated Business Tax Income (income derived from unrelated business activities of an otherwise tax-exempt entity)
  • Inbound (See also US Expansion Support)
    • Foreign companies going into the US
    • Structuring operations for tax efficiency
    • Tax Complaince (See Compliance below)
  • FATCA & CRS

Compliance:

  • Tax compliance (return preparation)
  • US Corporation returns, Form 1120
  • US income tax liability of a foreign corporation, Form 1120-F
  • Foreign Corporations, Form 5471
  • Transfers of property to a foreign corporation, Form 926
  • PFICS – Annual information statement, intermediate entities and testing status
  • Partnership returns‚ Form 1065
  • K-1s (can be a complicated filing)
  • Foreign Partnerships, Form 8865
  • Reportable Transaction Disclosure Statement,  Form 8886
  • State returns and registration statements for the various states
  • Other local taxes

 

Did you Know?

  • Fact Seven

    Thanks to FATCA banks must disclose their American account holders to the IRS or local tax authority.
  • Fact Six

    The IRS is actively looking for non compliant US persons.
  • Fact Five

    It takes an average of 16 hours to do IRS Form 1040.
  • Fact Four

    There are over 500 IRS tax forms.
  • Fact Three

    Since 1916, illegal income has been taxable.
  • Fact Two

    US persons must file tax
    returns no matter where they live and work.
  • Text One

    7 million Americans abroad
    only 500,000 compliant