⚠ IRS WarningThe IRS penalty for a missing Form 5472 starts at $25,000 per form per year. Every unfiled year adds another.⚠ IRS WarningThe IRS penalty for a missing Form 5472 starts at $25,000 per form per year. Every unfiled year adds another.⚠ IRS WarningThe IRS penalty for a missing Form 5472 starts at $25,000 per form per year. Every unfiled year adds another.⚠ IRS WarningThe IRS penalty for a missing Form 5472 starts at $25,000 per form per year. Every unfiled year adds another.⚠ IRS WarningThe IRS penalty for a missing Form 5472 starts at $25,000 per form per year. Every unfiled year adds another.⚠ IRS WarningThe IRS penalty for a missing Form 5472 starts at $25,000 per form per year. Every unfiled year adds another.

Services

Built specifically for foreign-owned U.S. single-member LLCs. Forms generated strictly to IRS Instructions for Form 5472 (Rev. December 2024). Reasonable cause letters authored by a licensed CPA, structured to align with IRS standards.

Form 5472 + Pro Forma 1120 Filing

One Filing. Two Forms. One Price. The IRS requires Form 5472 to be attached to a Pro Forma 1120. They cannot be filed separately.

Who needs to file?

Any single-member LLC that is owned 25% or more by a non-U.S. person must file Form 5472 annually, even if the LLC had no revenue during the year. LLC formation itself is typically a reportable transaction.

What counts as a reportable transaction?

Reportable transactions include any monetary or non-monetary exchange between the foreign-owned LLC and a foreign related party: capital contributions, distributions, loans, payments for services, and the act of forming the LLC itself.

The penalty stakes

The IRS imposes an automatic $25,000 penalty per missed form, per tax year. There is no minimum revenue threshold. A company with two unfiled years faces $50,000 in potential exposure immediately.

What you receive

  • ✓Print-ready Form 5472 and Pro Forma 1120
  • ✓Structured exactly as required by the IRS
  • ✓Ready to sign and send by mail or fax
  • ✓Includes all required schedules and disclosures

You review everything before downloading your forms.

Transaction entry: Manual

Enter transactions manually. No bank login required.

More than one foreign related party?

The IRS requires a separate Form 5472 for each foreign related party. Most single-member LLCs have only one, the foreign owner. If your LLC transacted with additional related parties such as a foreign parent company or an entity you own 25% or more of, each requires its own Form 5472.

Additional forms: +$75/form (forms 2 and 3). Volume discount for the 4th form onwards: +$50/form. The eligibility check will ask about this and calculate your total automatically.

Sample Output Preview

Form 5472 (first page)

Pro Forma 1120 header

CPA-Authored Reasonable Cause Letter (sample)

Delivered as a print-ready PDF. Download, sign where required, and mail or fax to the IRS.

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Recommended for Late Filers

Past Year Filing + CPA-Authored Reasonable Cause Letter

For LLCs that missed one or more prior years. We prepare the past-year Form 5472 and Pro Forma 1120 and pair them with a CPA-Authored Reasonable Cause Letter requesting that the automatic $25,000 penalty be waived. Voluntary catch-up filings work best before the IRS contacts you.

$350 per year total ($150 filing + $200 reasonable cause letter). Multi-year package available for three or more unfiled years.

LLC Tax Classification Change

If you need to change how the IRS classifies your LLC for tax purposes, this service covers both Form 8832 (entity classification election) and Form 2553 (S-Corporation election).

Form 8832 is used when you want to elect C-Corporation treatment instead of the default disregarded entity status. Form 2553 is used when you want S-Corporation status. Both are standalone filings and must be mailed. The IRS fax add-on is not available for these forms, which must be mailed.

One-time filing. No ongoing fees.

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IRS Fax Transmission

The IRS processes faxed filings significantly faster than mailed ones. You sign the completed forms. We transmit them by fax to the IRS on your behalf and provide you with a digital transmission receipt for your records. This is useful if you are filing close to a deadline or responding to a penalty notice.

This service is an add-on to Form 5472 filings only. It is not available for Form 8832 or Form 2553 filings, which must be mailed.

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Coming Soon

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