Miami is the primary gateway between Latin America and U.S. business. Foreign-owned LLCs, EB-5 investors, cross-border real estate holdings, and Form 5472 obligations are standard here. I handle the full U.S. return and every international form connected to it.
Latin American and international business owners who form U.S. LLCs through Miami often do not realize that Form 5472 is required for every reportable transaction between the entity and its foreign owner. The penalty for late filing is $25,000 per form per year. I prepare the entity return, the 5472, and coordinate the structure so annual compliance stays current.
EB-5 investors in Miami face a transition from nonresident to resident alien status that changes everything about how worldwide income is reported. I manage the dual-status return, FBAR and FATCA reporting on foreign accounts, and the ongoing compliance that keeps EB-5 status and tax obligations aligned.
Foreign nationals who own U.S. real estate through Miami-based entities need FIRPTA planning, withholding compliance, and annual return preparation that reflects rental income, dispositions, and treaty-based elections. I handle the full reporting chain from the entity return through the individual filing.
Miami business owners who operate across borders need Form 5471 for controlled foreign corporations, transfer pricing documentation for intercompany transactions, and coordinated filing strategies that address both U.S. and home-country obligations. I prepare the U.S. side of the equation and integrate the international layer into one engagement.
Every Miami engagement runs fully remote. Document exchange, video consultations, and return delivery happen through a secure client portal. This works well for Miami clients who travel frequently or split time between the U.S. and Latin America. My office at 222 S Prospect Ave, Park Ridge, IL 60068 is available by appointment for clients who prefer an in-person session, though most Miami clients never need it.
Yes. Even single-member LLCs owned by foreign persons must file a pro forma Form 1120 with Form 5472 attached. This is required annually, and the penalty for not filing is $25,000 per form per year. Many Miami-based LLCs owned by foreign nationals are out of compliance without knowing it.
EB-5 investors become U.S. tax residents, which means worldwide income is reportable. That includes foreign bank accounts (FBAR, Form 8938), foreign business interests, rental income from properties outside the U.S., and any investment returns. I handle the transition from nonresident to resident status and every form that comes with it.
No. Florida has no state income tax, which simplifies the state filing side. However, federal and international obligations remain in full force. Many Miami clients still need multi-state returns if they have income sourced to other states through partnerships, rental properties, or remote work.
Foreign nationals with U.S. rental property must file a U.S. tax return reporting rental income. If you sell the property, FIRPTA withholding applies at closing. I handle the annual return, the withholding coordination, and the treaty analysis that may reduce your effective rate.
Yes. I frequently coordinate with immigration attorneys, business attorneys, and financial advisors to make sure the tax structure supports the broader compliance and immigration picture. This is especially common for EB-5 investors and business owners with multi-entity structures.
Individual returns start at $400 for typical W-2 situations. International complexity (5472, FBAR, foreign entities, EB-5 transition returns) is quoted during the free 30-minute consultation based on actual scope. You receive a flat-fee quote before work begins.
The IRS assesses a $25,000 penalty per unfiled 5472. However, reasonable cause relief is available if you act before the IRS contacts you. I prepare the delinquent returns, draft the reasonable cause statement, and file everything to close the compliance gap as quickly as possible.
Book a consultation. I will map your individual, business, and international filing scope before penalties accumulate.
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