“I’ve used Greenback to prepare my U.S. taxes for several years and never had an issue. I needed help because I owned a foreign business which made my U.S. taxes a nightmare. They helped a lot. Recommended.”
Tax Help for Self-Employed Expats
You Built a Company Abroad. We’ll File It Right.
We Know the Tax Side of Your Business Abroad.
You Need Clarity on Foreign Entity Rules
You built a successful entity abroad, but U.S. cross-border reporting rules are difficult to decipher.
Form 5471 schedules require a tax law background just to follow the basic reporting rules.
You Worry Past Filings Are Missing Something
You know an unfiled form carries a $10,000 baseline penalty, and that exposure creates constant concern.
You filed on your own or with a general accountant and no longer trust it was complete.
You Face Shifting GILTI and Calculation Rules
Transitioning GILTI to Net CFC Tested Income adds complex new math, leaving your tax liability unclear.
You can’t tell when retained earnings or dividends become U.S.-taxable income.
You Want Tax Answers Before You Decide
A pay change, a buyout offer, or a restructuring each carries U.S. tax you cannot weigh alone.
The tax answer often arrives at filing time, months after the decision it should have shaped.
Featured In
Foreign Business Tax Resources
Greenback maintains a comprehensive library of guides covering nearly every tax topic a U.S. owner of a foreign business faces. Here are the resources our clients reach for most.
What Form 5471 Requires and Who Must File It
If you own part of a foreign corporation, Form 5471 and the Controlled Foreign Corporation (CFC) rules likely apply, and your ownership percentage sets your filing category and schedules. Our Form 5471 guide breaks down the categories, our CFC guide explains when a company counts as one, and our foreign business reporting guide covers what you file each year.
How NCTI Replaced GILTI for Your Foreign Company
The 2025 tax law renamed GILTI to Net CFC Tested Income (NCTI) for tax years beginning after December 31, 2025. It removed the 10% deemed return on tangible assets (QBAI) and cut the Section 250 deduction from 50% to 40%, so more foreign profit is taxable even if you leave it in the company. Our guide to Net CFC Tested Income (NCTI) breaks down the new math.
How the Foreign Tax Credit Offsets U.S. Tax
When your corporation pays tax abroad, the U.S. may still tax the same income, and the Foreign Tax Credit is how you avoid paying twice. Our guide to the Foreign Tax Credit explains how it works, and our FEIE vs. FTC guide helps you see which strategy fits.
How Your Business Structure Changes Your U.S. Tax
Whether the IRS treats your company as a corporation, partnership, or disregarded entity drives which forms you file and how much you owe. Our Form 8832 guide covers the entity classification election, our Form 8858 guide covers foreign disregarded entities, and our Form 5471 vs. 5472 guide clarifies which form applies to your structure.
How to Fix Missed Form 5471 and Foreign Income
Missed Form 5471, FBARs, or foreign income in past years? The IRS Streamlined Filing Procedures can bring you current, usually penalty-free, when the oversight was non-willful. Our Streamlined Filing guide and our late business tax returns guide walk through catching up.
Which Business Accounts the IRS Wants Reported
If you hold or control foreign accounts through your company, FBAR and FATCA can apply once balances cross their thresholds. Our FBAR for businesses guide covers company accounts and signature authority, our FBAR vs. Form 8938 guide explains which accounts count on each form, and our FBAR penalties guide covers what a missed filing costs.
What Form 5471 Requires and Who Must File It
If you own part of a foreign corporation, Form 5471 and the Controlled Foreign Corporation (CFC) rules likely apply, and your ownership percentage sets your filing category and schedules. Our Form 5471 guide breaks down the categories, our CFC guide explains when a company counts as one, and our foreign business reporting guide covers what you file each year.
How NCTI Replaced GILTI for Your Foreign Company
The 2025 tax law renamed GILTI to Net CFC Tested Income (NCTI) for tax years beginning after December 31, 2025. It removed the 10% deemed return on tangible assets (QBAI) and cut the Section 250 deduction from 50% to 40%, so more foreign profit is taxable even if you leave it in the company. Our guide to Net CFC Tested Income (NCTI) breaks down the new math.
How the Foreign Tax Credit Offsets U.S. Tax
When your corporation pays tax abroad, the U.S. may still tax the same income, and the Foreign Tax Credit is how you avoid paying twice. Our guide to the Foreign Tax Credit explains how it works, and our FEIE vs. FTC guide helps you see which strategy fits.
How Your Business Structure Changes Your U.S. Tax
Whether the IRS treats your company as a corporation, partnership, or disregarded entity drives which forms you file and how much you owe. Our Form 8832 guide covers the entity classification election, our Form 8858 guide covers foreign disregarded entities, and our Form 5471 vs. 5472 guide clarifies which form applies to your structure.
How to Fix Missed Form 5471 and Foreign Income
Missed Form 5471, FBARs, or foreign income in past years? The IRS Streamlined Filing Procedures can bring you current, usually penalty-free, when the oversight was non-willful. Our Streamlined Filing guide and our late business tax returns guide walk through catching up.
Which Business Accounts the IRS Wants Reported
If you hold or control foreign accounts through your company, FBAR and FATCA can apply once balances cross their thresholds. Our FBAR for businesses guide covers company accounts and signature authority, our FBAR vs. Form 8938 guide explains which accounts count on each form, and our FBAR penalties guide covers what a missed filing costs.
What Business Owners Abroad Say About Working With Us
Rated 4.8/5 by owners who run foreign companies, U.S. taxes handled.
Services for Foreign Business Owners
Form 5471 Preparation for Foreign Corporations
USD $750For owners of a foreign corporation. We prepare Form 5471 and every required schedule, reporting your ownership, earnings, and Subpart F income, so nothing that triggers a penalty is missed.
NCTI (Formerly GILTI) and Subpart F Compliance
USD $700For CFC owners facing anti-deferral rules. We calculate your Net CFC Tested Income (NCTI, formerly GILTI) and Subpart F, and apply the Section 962 election and high-tax exception, so you never pay more than required.
Individual Return, Coordinated With Your Business
USD $565For your personal Form 1040 alongside the corporate filings. We report your ownership and distributions, apply foreign tax credits, and keep the individual and business returns consistent.
Streamlined Catch-Up for Foreign Corporations
USD $1,750For owners behind on Form 5471 or foreign income reporting. We use the IRS Streamlined Procedures to bring you current, often penalty-free for owners who qualify, in one flat-fee package.
Entity Structuring and Tax Planning
USD $250+For owners weighing entity choice or a bigger move. We evaluate check-the-box elections, treaty classification, and dividend or restructuring strategy so your structure works in your favor year-round.
Foreign Business Owner Tax FAQs
Get answers to the questions American owners of foreign companies ask most, from Form 5471 categories to what NCTI will cost you.
Yes. Greenback prepares Form 5471 and all required schedules for Americans who own foreign corporations, based on your filing category (2, 3, 4, or 5). We report ownership percentages, earnings and profits, Subpart F income, and Net CFC Tested Income (NCTI, formerly GILTI), so nothing that could trigger the $10,000-per-form penalty is missed.
Form 5471 preparation is a flat $750 for an active foreign company, or $350 if it is dormant, inside our small business package. Your return is handled by a CPA or IRS Enrolled Agent and reviewed with you before filing.
We calculate your Net CFC Tested Income (NCTI), the rules that replaced GILTI for tax years beginning after December 31, 2025, as part of your foreign corporation filing. We determine what falls under NCTI and Subpart F, prepare Forms 8992 and 8993, and apply the high-tax exception to exclude qualifying income.
For owners who make the Section 962 election, the Section 250 deduction (now 40%) can bring the effective rate as low as 12.6%, so you pay only what the law requires. NCTI and Subpart F compliance is a flat $700.
Yes. If you fell behind on Form 5471 or reporting your foreign corporation, we help you catch up through the IRS Streamlined Filing Procedures: three years of returns and six years of FBARs, plus Form 14653, the statement you sign explaining why you did not file. Filed this way correctly, most owners avoid the Form 5471 penalties entirely. The Streamlined catch-up package is a flat $1,750, and we prepare every form and handle the filing, so nothing is missed.
Usually not. When your corporation pays tax abroad, the Foreign Tax Credit offsets the U.S. tax on the same income, and anti-deferral rules like NCTI (formerly GILTI) often come with a high-tax exception or the Section 250 deduction that reduces or removes the U.S. bill.
We coordinate credits and elections across your corporate and personal returns to ensure the same income is not taxed twice, on a coordinated federal return at $565. If you want the position mapped out before you file, a consultation starts at $250.
Pricing is flat-fee and published up front. A coordinated federal return is a flat $565, Form 5471 preparation starts at $750, NCTI and Subpart F compliance is $700, FBAR is $125 for up to five accounts, Form 8938 is $120 for up to five accounts plus $65 for each additional five, and the Streamlined catch-up package is $1,750.
Consultations start at $250. You will know your full cost before any work begins.
A dedicated Greenback accountant, a U.S. CPA or IRS Enrolled Agent experienced with foreign corporations, prepares your return from start to finish. It is never outsourced and never automated. The same professional works with you year after year, so your Form 5471, NCTI position, and entity structure are handled consistently and correctly.
Most owners in your position need more than one filing, and you do not have to work out which ones. Your dedicated accountant reviews your ownership and tells you what applies.
For most owners that means Form 5471 for the foreign corporation at $750, the small business return, your personal federal return at $565, and FBAR at $125 for up to five accounts when your combined foreign accounts top $10,000.
NCTI and Subpart F work is $700 when the anti-deferral rules reach you. Every piece is a published flat fee, so you see the full cost before any work starts.
Start With a Team That Files Form 5471 Weekly.
Work with a CPA or Enrolled Agent who knows foreign corporations. We handle Form 5471, NCTI, and the planning, so you can focus on the business.