Hello Folks,

do you usually file the 5472 and 1120 yourself self or do you engage someone expert to do it?

I want to engage someone to help me do it correctly, but the fees are super hight.

I found some folks in Upwork doing it with a reasonable price, what do you think folks? any guiance on that?

  • selindr0m@alien.topBEnglish
    1·
    1 year ago

    Fbar is for foreign owned assets. Does you llc own foreign bank accounts? Delaware can be redomesticated into Wyoming, New Mexico etc but it may be worth just opening a new llc can be cheaper. Search llc university

    • ayoubmp@alien.topOPBEnglish
      1·
      1 year ago

      Hello u/selindr0m who’s handling the redomestication, registered agent?

      • selindr0m@alien.topBEnglish
        1·
        1 year ago

        It’s a multi step process, but you can do it by yourself. If your current argent doesn’t support the destination state you’ll need to change it also.

        • ayoubmp@alien.topOPBEnglish
          1·
          1 year ago

          Wonderful,

          do you recommend any registered agent in an optimized Tax franchise state?

          I’m thinking of contacting a new registred agent and see if he can handle the process.