Foreign-Owned Corporations – How to Avoid the $25,000 IRS Penalty for Missing Form 5472

If you own a U.S. corporation and you’re a foreign national or part of a foreign-owned business, there’s one form that could quietly cost you $25,000 if you miss it: IRS Form 5472. At Polaris Tax & Accounting, we’ve helped business owners across Plantation, Fort Lauderdale, and Miami who had no idea this form even