Form 5471: What Is It and Do You Need to File One?

Are you a U.S. shareholder of a foreign corporation? If you have been diligently filing all your returns and disclosures, you may be familiar with Form 5471, Information Return of U.S. Persons With Respect to Certain Foreign Corporations. Form 5471 an information returned filed along with the income tax return of covered individuals. Generally, individuals…

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Categorized as Taxes