Form 5472 for a Foreign-Owned New York LLC

Tax Professional Preparation → Named Licensed CPA Review → $299 Flat Rate, All-In

Formation in New York does not by itself create a Form 5472 obligation. Federal tax classification, foreign ownership, and reportable related-party transactions determine whether a filing may be required.

New York biennial statement

New York LLCs generally file a biennial statement, while newly formed LLCs may also need to address the state's publication requirement.

• The Department of State currently lists a $9 fee for an LLC biennial statement.
• The statement is due every two years in the calendar month assigned by the state.
• The biennial statement and publication rules are separate from federal Form 5472 eligibility and filing.

New York Department of State — Biennial Statements

What the $299 federal service includes

For eligible straightforward filings, the service includes tax professional team preparation of Form 5472 and the applicable pro forma Form 1120, named licensed CPA review, client approval and signature, applicable IRS submission, and written transmission confirmation.

AI may help identify a likely business or NAICS code. AI does not prepare the return, classify transactions, determine filing positions, or perform CPA review.

Verify the CPA credentials or start the $299 filing process.