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
- 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
- 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 SevenThanks to FATCA banks must disclose their American account holders to the IRS or local tax authority.
Fact SixThe IRS is actively looking for non compliant US persons.
Fact FiveIt takes an average of 16 hours to do IRS Form 1040.
Fact FourThere are over 500 IRS tax forms.
Fact ThreeSince 1916, illegal income has been taxable.
Fact TwoUS persons must file tax returns no matter where they live and work.
Text One7 million Americans abroad
only 500,000 compliant