The tax and information return filing requirements for cross-border taxpayers, at both the federal and state levels, are highly complex. Failure to comply with the law’s reporting requirements can subject taxpayers to harsh IRS penalties. At Point Square Consulting we are truly the experts at identifying and addressing the special tax compliance issues faced by U.S. persons with foreign operations or assets and for foreign persons with U.S. operations or assets. We also understand the classification of foreign business entities for U.S. tax compliance purposes, foreign currency rules, and are versed in the check-the-box rules in the international context.
Our long-term experience allows us to offer a very broad range of U.S. tax compliance services to international taxpayers, including tax return preparation for U.S. and foreign:
- Individuals
- Corporations
- Partnerships
- Limited liability and private limited companies
- Disregarded and hybrid/reverse hybrid entities
- Foreign grantor and Section 402(b) nonqualified trusts
Whether your international business is a closely-held company or a large enterprise with multiple subsidiaries, we can walk you through all your business and tax compliance needs. Schedule your initial consultation to learn more about your reporting duties under the United States Tax Code.