Filling out taxes and other documents

[Cazorla]

Hello everyone,

One question, if I open an US LLC, who will fill out tax return and all of the other paperworks/documents that need to be filled out? I know that registered agent is receiving all important documents and forwarding it to me, but can he also fill it out for me? Or I need registered agent for receiving those documents and also an accountant who is going to fill out every necessary document? I know that I can do it myself but i would rather skip it. Is there a chance that my accountant in my country in Europe can fill that out for me?

 

[Sols]

You can do it yourself or hire someone to do it. Most registered agents won't do it, but they might be able to refer you to a CPA/accountant who can do it.

Whether your accountant in Europe can do it sounds like a question you should be asking them.

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This is the probably the answer to your question.

 

[ItzDoge]

Sols said:
You can do it yourself or hire someone to do it. Most registered agents won't do it, but they might be able to refer you to a CPA/accountant who can do it.

Whether your accountant in Europe can do it sounds like a question you should be asking them.
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Hello, do you do it on your own? Do you rely on any software? Or do you recommend someone?

 

[Davis123]

ItzDoge said:
Hello, do you do it on your own? Do you rely on any software? Or do you recommend someone?
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Onlinetaxman.com search for him. He is pretty good and understands foreigners owning US LLC and it's implications.

 

[Fulton Abraham Sanchez]

If your LLC is one member and received income outside of the US only, there is no need for filing tax returns. Otherwise you will need to hire an CPA.

 

[Fazoule]

You still would have to fill form such as About Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business | Internal Revenue Service

I'd still would hire a us cpa to handle everything for me... you make one tiny mistake and the whole thing can come bite you in the a*s.

 

[CryptoIsFreedom]

Davis123 said:
Onlinetaxman.com search for him. He is pretty good and understands foreigners owning US LLC and it's implications.
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FAS said:
If your LLC is one member and received income outside of the US only, there is no need for filing tax returns. Otherwise you will need to hire an CPA.
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Fazoule said:
You still would have to fill form such as About Form 5472, Information Return of a 25% Foreign-Owned U.S. Corporation or a Foreign Corporation Engaged in a U.S. Trade or Business | Internal Revenue Service

I'd still would hire a us cpa to handle everything for me... you make one tiny mistake and the whole thing can come bite you in the a*s.
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So with a US LLC, I'll need to hire a CPA that willl file form 5472 for me and nothing else, correct?

Is there anything else I need to do to maintain the company? Get registered agent, pay franchise taxes, get a guy to fle 5472? That's it?

Is onlinetaxman.com able to provide this, or is there another service where I can get this?

 

[EuroKiss]

5472 AND 1120. But it depends on if your company has actually traded (meaning that no form at all is due if the company is dormant).