Activity
Mon
Wed
Fri
Sun
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
What is this?
Less
More

Memberships

Global Business Growth Club

Public • 1.6k • Free

Cold Email & Lead Gen Secrets

Private • 14.3k • Free

3 contributions to Global Business Growth Club
BOI reporting for single member Foreign owned LLC ??
Hey James and everyone else! Does a Delaware single member Foreign owned LLC (e-commerce company) need to file the BOI report or is it exempt?
2
11
New comment 9d ago
0 likes • 11d
@James Baker If it is likely to get cancelled should we still do it?
0 likes • 10d
@Teesha Thompson didn't they appeal that decision or something?
Mercury Company Address Question
I have a Delaware LLC. Can I use my registered agent address as the company's physical address in the US for Mercury? Thanks in advance!
1
1
New comment Sep 23
HELP JAMES! FOREIGN OWNED LLC - 5472 PENALTY
Hi @James Baker! I'm Brazilian and I have a US LLC. I did not file forms 5472 and 1120 for the past 2 years. I've been travelling for the past few years, and I didn't check my mail since then, so I don't know if I actually got a penalty letter from the IRS or not... I just found out about potentially having to pay a penalty of 25K per year for not filing. So 3 questions: 1. Is there a way for me to check if there are any penalties attached to my US LLC? 2. I read that I don't have to file these forms if I don't have any reportable transactions. So how would they know If I do or not? 3. Lets say I discover that I owe a penalty for not filing. I'm Brazilian and I live outside the US. What happens realistically if I just ignore it? Thanks! I really appreciate what you do.
2
5
New comment Jan 3
0 likes • Nov '23
Thank you so much @James Baker! One last thing, is this penalty transferable to the owner personally or not?
1-3 of 3
Jak J
2
15points to level up
@jak-j-2773
Hey there!

Active 10d ago
Joined Nov 14, 2023
powered by