Author Archives: Darlene Hart / Nahmee Lee
New IRS Reporting Requirements for Foreign-Owned US LLCs
Please note the TCJA changes at the end of this post below. This post was updated January 2019. The IRS recently issued final regulations that impose reporting obligations on a domestic disregarded entity wholly owned by a foreign person. Therefore, as of January 1, 2017, Limited Liability Companies (LLCs) formed in the United States, which […]