How to use DIIRSP to file late Forms 5472, 5471, and 3520 with a reasonable cause statement — and avoid the $25,000-per-form IRS penalty.
Form 5471 follows US persons to foreign corps; Form 5472 follows foreign owners into US entities. Decision tree, penalties, and worked examples.
Wyoming vs Delaware vs New Mexico for foreign founders: real 2026 costs, when each state makes sense, and the BOI rule change you missed.
Non-US founders can get an EIN without an SSN. The Form SS-4 fax process, the Line 7b rule that causes most rejections, and how to avoid EIN scams.
Foreign-owned single-member LLCs must file Form 5472 for every year with a reportable transaction — even with no income. Penalty for missing it: $25,000 per form, no maximum cap. Here's what to file and when.
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