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    Featured Insights

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    November 10, 2023

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    Cashflow Strategies for the Sports & Entertainment Industry

    November 22, 2023

    Happy Thanksgiving from KROST

    November 22, 2023

    Navigating Tax Compliance: The Significance of Form W-9 and Best Practices

    November 21, 2023

    KROST is Paneling at the CalCPA Los Angeles & Inland Empire Mt. SAC Accounting Conference

    November 17, 2023

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    November 10, 2023
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single-member LLC

Changes in Reporting Requirements for Foreign-Owned Domestic Disregarded Entities

March 22, 2021By Evelyn Fernandez, CPA, MST
Changes in Reporting Requirements for Foreign-Owned Domestic Disregarded Entities

Foreign-owned domestic disregarded entities have not had filing requirements in the past unless an election was made

Meet Our Experts

Evelyn EVELYN FERNANDEZ, CPA, MST Principal - Tax Button with arrow Evelyn Fernandez Aric ARIC WONG, CPA, MBT Director - Tax Button with arrow Aric Wong Elvira ELVIRA FRENCILLO, CPA Senior Manager - Tax Button with arrow Elvira Frencillo
CONTACT US

If you have questions regarding our tax services, schedule a call today.

Recent International Tax News

  • FinCEN Beneficial Ownership Information Reporting Rule
  • Foreign Earned Income Exclusion (Form 2555)
  • New Schedules K-2 and K-3 Reporting for Form 1065, Form 1120-S, and Form 8865 – What You Need to Know
  • Foreign Nationals in the US Are Now Subject to US Income Taxes
  • KROST Welcomes New Principal – Evelyn Fernandez

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Accountants | Assurance & Advisory | Consultants | CPAs – KROST CPAs & Consultants is a certified public accounting and consulting firm focused on serving companies across Southern California (CA) with offices in Pasadena, Woodland Hills, and West LA. Since 1939, KROST has assisted businesses and individuals reach their financial goals through their in-depth knowledge of Tax, Accounting, Client Accounting Services (CAS), Assurance and Advisory, Fund Admin Solutions, KROST Business Intelligence (KBI), M&A, Wealth Management, and Consulting Services. KROST also provides specialty tax services such as Cost Segregation studies, R&D tax credits, Green Building Tax Incentives, Repair vs. Capitalization, Fixed Asset, IC-DISC, and more. For additional information contact us at 626-449-4225.