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Foreign-Owned U.S. LLC? Why You May Need to File Form 5472

If you’re a foreign investor who formed a U.S single-member LLC treated as a disregarded entity, there’s a good chance the IRS expects an annual

August 27, 2025 Read More

What Is FBAR and What Happens If You Don’t File It?

If you’re a U.S. person in San Diego with money abroad - bank accounts, brokerage accounts, even certain foreign pensions - you may need to file

August 19, 2025 Read More

Got shares in a foreign company? Here’s how to know if Form 5471 is on your to-do list.

If you’re a U.S., San Diego, or Carlsbad business owner, expat, or investor with ownership in a non-U.S. corporation, Form 5471 is the IRS

August 12, 2025 Read More

Streamlined Foreign Offshore Procedures: Fixing Past Foreign Reporting Failures

If you’ve lived outside the U.S. and missed reporting a foreign bank account, investment income, or pension, don’t worry; there’s a solution.

August 5, 2025 Read More

Streamlined Domestic Offshore Procedures: Fixing Past Foreign Reporting Failures

If you've missed reporting a foreign bank account, income, or gift to the IRS, don’t panic; there’s a way to fix it. The IRS created the

July 29, 2025 Read More

Do I Need to Report a Foreign Gift or Inheritance to the IRS?

If you’re a U.S. taxpayer living in San Diego County and you've received a large gift or inheritance from a foreign person or estate, you may be

July 22, 2025 Read More