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Defining Terms for LLCs and for Filing Form 5472 March 19, 2018
After my last blog posting on the new requirement for filing 5472 by foreign-owned disregarded entities, I got some interesting questions that led me to believe that lots of people don’t know the basic terminology associated with limited liability companies (LLCs), or even their own status with their LLCs. One overseas party asked if he…Read […]
Frank Yacenda
What’s New: Foreign-owned single-member LLCs now must file Form 5472 February 23, 2018
I know. Talking about an IRS form is just about guaranteed to generate snores or, worse, inspire visitors to click away. But mention the $10,000 penalty imposed for failure to file this two-page form, and I think that might be enough to get readers’ attention. There are new rules governing who must file this…Read […]
Frank Yacenda
Welcome to the AlphaBiz! Blog January 25, 2018
I’d like to welcome you to the new AlphaBiz! blog. I’ll be using it to share thoughts on various aspects of business and investment that I hope you’ll find both useful and interesting. In fact, I hope you’ll return here frequently, comment and participate, and feel free to raise your questions and share your experiences.…Read […]
Frank Yacenda