Foreign Owned SMLLC Tax Requirements
Filling for the very first year now. I know a foreign SMLLC has to file forms 1120 and 5472. I think James said in a video that only the outgoing payments from the LLC to the owner are important and I’m working with an accountant now, who requested a lot more additional info. My question is do they actually need all of that? File attached. I’m not sure if they know that they’re doing…