US-Owned Foreign Corporation

Filing US Taxes As American Entrepreneur Abroad

US Entrepreneurs Abroad

As an entrepreneur and overseas business owner, you have plenty of challenges. But worrying about tax implications and tax preparation shouldn’t be one of them.

You can leave that to us. We are leading experts in taxes for US-owned foreign corporations and can help you set up a business legal structure and file business tax returns. We work with American entrepreneurs with business interests abroad on a daily basis.

We not only prepare Forms 5471s and 8865 for your foreign companies and partnerships to avoid the hefty $10k fines but also help in your tax planning and optimization surrounding these structures.

Through our sister company Global Expats Advisors (GEA), we advise on and help setting up offshore companies and bank accounts to achieve business and individual goals. GEA also provides other services such as setting up trusts, Puerto Rico Act 60 residency, self-directed IRAs and much more boutique tax planning services.

Typical Questions We Often Answer

  • How do I report my foreign corporation to the IRS?
  • How should I best structure my business?
  • Do I need to withhold social security taxes for my employees?
  • How do I report my shares in a foreign company?
  • Do I need to report that I’m a member in a foreign partnership?
  • I have signing authority over a foreign bank account. Do I have to report the account?
  • What is the best strategy for asset protection and estate planning?
  • How can I structure a pension plan with my foreign corp?
US owned foreign corporation

We Offer More Than Tax Preparation

From structuring a foreign business to maximizing tax benefits to calculating payroll taxes. From social security withholdings to preparing informational IRS reports. We deliver our entrepreneur clients a full-service offering.

More than just tax preparation, we help with tax planning throughout the year, one price, no hidden charges or fees for ongoing questions and consultations.

Our sister company Global Expat Advisors provides foreign structuring and related offshore services, fully integrated with the Online Taxman tax advice and filings. You get the structuring and the tax expertise with a single point of contact. Learn more about the Global Expat Advisors Services.

Next Step - Schedule A Consultation With Us

During the consultation we assess your tax situation and will provide you with a quote. Our transparent, fixed fee pricing means you won’t have any surprises.

Our experienced accountants prepare your corporate tax return and ensure that you and your foreign business is in compliance with US tax laws.

US business owners abroad are not limited to structuring their business in the United States. Often, a US-Owned Foreign Corporation can be more advantageous.

 

 

I have an international company and I live abroad in China. I have three companies, one in Hong Kong, the US, and China. Online Taxman helps me navigate the complexity of my taxes every year and provides good advice to minimize my tax burden legally. We would highly recommend their services.

Brian Miller, China

Truly a wonderful service for anyone trying to figure out international/expat taxes. Incredible customer service and takes the stress out of filing your taxes! Thanks!!

Ana Grammatica

An amazing company to work with. They saved me thousands of dollars of tax money paid in previous years with another irresponsible accountant. They have become my go-to accounting firm given my digital nomad needs.

Ivan Kreimer

The advice and time they have saved me have paid for the service many times over. Having smart people that are easy to work with is an incredible asset. These guys deliver! I'll definitely be working with them again. Thanks, Online Taxman!!

Nate Lassiter

We have pretty complicated taxes … and really needed somebody who knew international taxes and expat tax law. We've had a really good experience working with Vincenzo and his team. Strongly recommend working with them.

Alicia Callen, Singapore

After struggling to find a CPA who could work remotely and fully digitally, I came across Online Taxman referenced in a few different digital nomad groups. Now that my personal and (online) business taxes are filed, I must say that I'm very impressed and will certainly be a long time customer. Vincenzo and his team communicated promptly and left me with the feeling that I was in good hands. Their processes and tools made it easy to submit/review documents at every step along the way. All my questions were answered quickly and fully. Maybe it sounds too simple, but these guys really provided great overall customer service (which seems to be lacking in the industry). Thank you!

Ben Slavin

I contacted the Online Taxman a few years ago to understand my tax requirements living overseas and they have given me amazing service through the years. I know that when I have questions or do not understand certain items that I can just ask.

Patrick Kitchell, Denmark

They helped me with my business and personal taxes. The advice and time they have saved me have paid for the service many times over. Having smart people that are easy to work with is an incredible asset. These guys deliver! I'll definitely be working with them again. Thanks, Online Taxman!!

Nate Lassiter

Killer company—I've been working with them the past couple years, and they've saved me tons vs. my past returns and always have helpful, timely responses to my questions. Highly recommend!

Sean Quinn

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Danny Neess