Can Greenback Help Me File My Foreign Business Tax Returns With the IRS (e.g., Form 5471)?

Yes. Greenback prepares the IRS information returns required when a U.S. person owns or has signature authority over a foreign business or entity.

The four most common forms in scope:

• Form 5471 ($750): For U.S. shareholders of foreign corporations
• Form 8865 ($475): For U.S. partners in foreign partnerships
• Form 8858 ($350): For foreign disregarded entities and foreign branches
• Form 5472 ($275, or $405 when filed for an LLC): For reporting on foreign-owned U.S. entities

For dormant entities or specialized situations, additional flat fees apply: Dormant 5471 at $350, Dormant GILTI at $290, and Form 8992 (active GILTI/NCTI) at $700.

These forms are notoriously complex and carry steep penalties for non-compliance. Form 5471, in particular, has multiple categories of filers, GILTI/Subpart F implications, and ongoing reporting obligations once you’ve started.

If you own a foreign business, Greenback’s Small Business Tax Return Preparation covers your personal return plus the relevant information returns at flat fees.

For ongoing bookkeeping support to keep your foreign business records IRS-ready year-round, Greenback offers bookkeeping services at $75 per hour.