- Federal Taxes
- State and Local Taxes
- International Tax
- International Tax Compliance
- U.S. Citizens and Permanent Residents Living Abroad
- Expatriation
- Foreign Tax Credit
- Foreign Currency Transactions
- Inbound Transactions
- Foreign Persons and U.S. Investments
- Transfer Pricing
- Tax Preparation
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Tax Controversy Services
- Negotiation of Payments or Settlements
- Levy and Lien
- Audits
- Audit Reconsideration
- Filing of Delinquent Tax Returns
- Employment Tax issues and the Trust Fund Recover Penalty
- Penalty Abatement
- Interest Abatement
- Innocent Spouse Relief
- Statute of Limitations (SOL)
- Frivolous Tax Positions
- Appeals and Collection Due Process Hearings
- Alternative Minimum Tax Issues
- Tax Exempt Organizations
- Operating Structure Formation
- Bookkeeping Services
- Payroll Services
- Asset Protection
- Entity Services
This section addresses questions frequently asked by our clients. Please contact our offices for more detailed information regarding these subjects or with any other tax questions you may have.
This section contains timely information, relevant articles and publications that may pertain to your particular interests.
This section will allow you to download various forms from our website.
Services
International Tax
Foreign Disregarded Entities
A Foreign Disregarded Entity (FDE) is defined by the IRS as an “entity that is not created or organized in the United States and that is disregarded as an entity separate from its owner for U.S. income tax purposes. An eligible entity can elect how it will be classified for federal tax purposes. U.S. persons who are owners of FDEs at any time during their taxable year or annual accounting period must file Form 8858 with their tax return.
U.S. persons that are tax owners of FDEs or that own certain interests in foreign tax owners of FDEs must file the form as outlined below:
- U.S. persons that are tax owners of FDEs at any time during the taxable year or annual accounting period.
- U.S. persons that are required to file Form 5471 relating to a Controlled Foreign Corporation (CFC) that is a tax owner of a FDE at any time during the CFC’s annual accounting period.
Esquire Group can assess your unique situation and assist in determining your filing requirements.
