INTERNATIONAL TAX SERVICES
A foreign company, branch, disregarded entity, or investment can create U.S. income-tax and information-reporting questions beyond an FBAR or Form 8938. Tavella CPA Group prepares accepted Forms 5471, 8858, and 8621 with the connected U.S. return when the ownership, entity, tax year, records, and filing category fit the engagement. Each form, schedule, entity, and year is reviewed and confirmed in writing before work begins.
Request an International Reporting ReviewSCOPE AND FIT
For the initial conversation, identify the U.S. filer type, foreign entity or investment type, countries, direct and indirect ownership, changes during the year, tax years involved, prior filings, and next known deadline. Do not send ownership records, tax returns, account numbers, passport data, or other sensitive documents through the public form. If the work is accepted, secure records are requested through the client portal.
COMMON QUESTIONS
No. They are separate information returns with different filer definitions, ownership rules, schedules, exceptions, and records. Each form, foreign entity or investment, and filing year must be reviewed and expressly included in the written engagement.
No. The IRS instructions describe multiple filer categories, including certain officers, directors, shareholders, and U.S. shareholders under direct, indirect, and constructive ownership rules. The applicable category and schedules require a facts-based review.
Generally, the IRS instructions call for a separate Form 8621 for each PFIC held directly or indirectly when a filing requirement applies. Exceptions and elections can change the analysis, so the investment and ownership records must be reviewed.
Forms 5471 and 8621 generally attach to the applicable federal return, and Form 8858 attaches to the applicable return or related Form 5471 or 8865 as directed by its instructions. The filing date generally follows the due date, including extensions, of the connected return, but the exact filing path depends on the facts and current instructions.
Potentially, but delinquent international information returns, amended returns, reasonable-cause positions, penalty matters, and available correction procedures require a separate review. No correction method or penalty outcome can be assumed before the complete filing history and agency contact are evaluated.
GUIDES AND REVIEW TOOLS
PRIMARY GUIDANCE
This page provides general U.S. tax information, not tax, legal, investment, or foreign-law advice. Filing requirements depend on the filer, ownership chain, entity classification, transactions, elections, exceptions, tax year, and current law. A CPA-client relationship begins only through an accepted engagement agreement.
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