Wyoming Registered · Qualified Tax Professionals

U.S. Tax & Accounting
Done Right,
From Anywhere.

Finora Tax & Accounting Services LLC delivers expert U.S. accounting and tax compliance services — from bookkeeping, clean-up accounting, and financial modelling to foreign-owned LLC filings, FBAR, PFIC, and individual tax returns. Serving businesses, non-residents, and expats across all 50 states.

IRS Enrolled Agent Foreign LLC Specialists FBAR · PFIC · Form 5472 All 50 U.S. States
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50+
States Covered
EA
IRS Enrolled Agent
WY
U.S. Registered
Accounting Services

Clean Books.
Clear Picture.

We handle your complete U.S. accounting — from QuickBooks setup to monthly reconciliations, catch-up accounting, financial modelling, and reporting. You focus on your business; we handle the numbers.

Bookkeeping & QBO Setup

Monthly & quarterly bookkeeping, QuickBooks Online setup and configuration, chart of accounts, and full financial management tailored to your business.

Clean-Up & Catch-Up Accounting

Months or years behind? We clean up messy books, fix miscategorized transactions, reconcile historical accounts, and get your financials back on track — fast.

Accounts Receivable & Payable

Invoice management, vendor payments, collections tracking, and cash flow monitoring to keep your business running smoothly.

Financial Statements & Reporting

Profit & loss, balance sheets, and cash flow statements prepared monthly or quarterly — audit-ready and investor-friendly.

Financial Modelling & Forecasting

Custom financial models, revenue projections, budget forecasts, and scenario analysis to support business decisions, investor presentations, and strategic planning.

Payroll Processing

Full-service U.S. payroll, payroll tax filings, W-2 and 1099 preparation for employees and contractors.

U.S. Company Formation

We help you form your U.S. LLC or Corporation in Wyoming, Delaware, or any state — including registered agent setup, operating agreements, and state filings.

EIN (Tax ID) Application

We obtain your Employer Identification Number (EIN) from the IRS on your behalf — essential for opening U.S. bank accounts, hiring employees, and filing taxes.

QBO Setup & Clean-Up Specialists

Whether you are starting a new U.S. business or need accounting support — we handle everything from company formation and EIN registration to QuickBooks setup, clean-up accounting, and financial modelling.

Our clean-up and catch-up accounting service is one of our most requested — many business owners come to us with years of unreconciled transactions and leave with clean, accurate books ready for tax filing.

We also build custom financial models and projections that help you understand where your business is going — not just where it has been.

QuickBooks Online Xero Wave Excel Models Bill.com Gusto Payroll
100%
Accuracy Rate
48hr
Turnaround
Tax Services

Every Filing.
Every Situation.

From simple individual returns to complex international filings — our qualified tax team, including a licensed IRS Enrolled Agent, handles every U.S. tax scenario with precision and full compliance.

Individual Tax Returns

Form 1040 for U.S. residents, 1040-NR for non-residents, all schedules, credits, deductions, and complex income situations.

Form 1040 · 1040-NR

Foreign-Owned LLC Filings

Form 5472 + Pro Forma 1120 for foreign-owned single member LLCs. Full compliance for international business owners. Read our complete Form 5472 guide →

Form 5472 · 1120

FBAR & Foreign Compliance

FinCEN 114 (FBAR) filing, FATCA Form 8938, foreign bank account reporting, and penalty abatement assistance. Read our complete FBAR guide →

FinCEN 114 · Form 8938

PFIC Reporting

Form 8621 for Passive Foreign Investment Companies including Indian mutual funds, MTM & QEF elections, and excess distribution calculations. Learn whether Indian mutual funds count as PFICs →

Form 8621 · MTM · QEF

S-Corp & Partnership

Form 1120-S, Form 1065, Schedule K-1 preparation, S-Corp election (Form 2553), and multi-member LLC returns.

1120-S · 1065 · K-1

Foreign Tax Credits & FEIE

Foreign Earned Income Exclusion (Form 2555), Foreign Tax Credit (Form 1116), and tax treaty analysis for expats and non-residents.

Form 2555 · Form 1116

U.S. Company Formation

LLC & Corporation formation in Wyoming, Delaware & other states. We handle the entire process including registered agent setup and operating agreements.

LLC · Corp · Wyoming · Delaware

EIN Application (Tax ID)

Employer Identification Number (EIN) obtained from the IRS on your behalf — essential for opening US bank accounts, hiring, and business operations.

Form SS-4 · IRS EIN · Tax ID

Also offering: State tax returns (all 50 states), Form 843 refund claims, ITIN applications, amended returns (1040-X), retirement & investment reporting (1099-R), extension filings, IRS representation, U.S. company formation (LLC/Corp), and EIN applications.

Discuss Your Case
Transparent Pricing

Simple. Fair. Expert.

Qualified tax professional rates at competitive prices. No hidden fees — what you see is what you pay. Complex situations quoted after a free consultation.

Individual
Basic Return
$99
Starting from
Simple W-2 / 1099 income
  • Form 1040 (Resident)
  • Up to 2 W-2 or 1099 forms
  • Standard deductions
  • E-filing included
  • 1 state return included
Get Started
Non-Resident
1040-NR Filing
$249
Starting from
For non-residents & foreign nationals
  • Form 1040-NR preparation
  • Treaty benefit analysis
  • ITIN application support
  • Foreign income reporting
  • E-filing included
  • State return (if applicable)
Get Started
Foreign LLC
Form 5472 Filing
$399
Starting from
Foreign-owned single member LLC
  • Form 5472 preparation
  • Pro Forma 1120 filing
  • Reportable transactions review
  • Penalty risk assessment
  • E-filing included
  • Deadline reminders
Get Started
Accounting Services Pricing

Clean Books, Clear Pricing.

Bookkeeping
Monthly Books
$149
Per month, starting from
Businesses, LLCs & individuals
  • Monthly QBO bookkeeping
  • Bank & credit card reconciliation
  • Profit & loss statement
  • Balance sheet monthly
  • Accounts payable & receivable
Get Started
Clean-Up & Catch-Up
Book Clean-Up
$299
Starting from
Historical books & QBO setup
  • QBO setup & configuration
  • Historical transaction clean-up
  • Miscategorization fixes
  • Full account reconciliation
  • Ready for tax filing
  • Final clean books report
Get Started
Financial Modelling
Forecasts & Projections
$399
Starting from
Custom financial models
  • Custom financial model build
  • Revenue & expense projections
  • Cash flow forecasting
  • Scenario & sensitivity analysis
  • Investor-ready presentations
Get Started
Business & Compliance Pricing

FBAR Filing

$199+

FinCEN 114, multiple account reporting, late filing support & penalty abatement

PFIC Reporting

$299+

Form 8621, MTM/QEF elections, excess distribution calculations per fund

S-Corp / Partnership

$599+

Form 1120-S or 1065, K-1 preparation, multi-member LLC annual filings

Bookkeeping

$149/mo+

Monthly QBO bookkeeping, reconciliation, P&L and balance sheet reporting

Clean-Up / Catch-Up

$299+

Historical book clean-up, QBO setup, reconciliation of past periods

Company Formation

$299+

LLC or Corporation formation in Wyoming, Delaware or any US state including registered agent setup

EIN Application

$99+

IRS Employer Identification Number obtained on your behalf — required for US banking and operations

Financial Modelling

$399+

Custom financial models, revenue forecasts, projections & scenario analysis

All prices in USD. Prices vary based on complexity. Schedule a free 15-minute consultation for an exact quote.

Frequently Asked Questions

Got Questions?
We Have Answers.

Common questions about foreign-owned LLCs, FBAR, PFIC, and U.S. tax compliance — answered by our qualified tax team.

What is a foreign-owned single member LLC and what are its U.S. tax filing requirements?
A foreign-owned single member LLC (SMLLC) is a U.S. LLC owned entirely by a non-U.S. person or entity. The IRS treats it as a disregarded entity, but it still has significant reporting obligations. The primary requirement is filing Form 5472 along with a Pro Forma Form 1120 to report all reportable transactions between the LLC and its foreign owner. Failure to file can result in a $25,000 penalty per violation.
What is the filing due date for a foreign-owned single member LLC (Form 5472)?
The filing deadline for Form 5472 (attached to Pro Forma 1120) is April 15th for calendar year filers. If the LLC uses a fiscal year, it is due on the 15th day of the 4th month after the tax year ends. An automatic 6-month extension is available by filing Form 7004 by the original due date, extending the deadline to October 15th.
How can a foreign-owned LLC file a tax extension?
To file an extension for a foreign-owned single member LLC, you must file Form 7004 by April 15th. This grants an automatic 6-month extension, moving the filing deadline to October 15th. The extension must be filed timely — late extension requests are not accepted. Our team can file your extension and ensure you avoid the steep $25,000 penalty for late Form 5472 submissions.
What transactions must be reported on Form 5472?
Form 5472 requires reporting of all reportable transactions between the foreign-owned LLC and its foreign owner or related parties. These include: capital contributions, distributions, loans, sales or transfers of property, and services rendered. Even if the LLC had no income, if any of these transactions occurred, Form 5472 must be filed.
What is the penalty for not filing Form 5472 on time?
The IRS imposes a $25,000 penalty per Form 5472 that is not filed, filed late, or incomplete. If the failure continues after IRS notification, an additional $25,000 per 30-day period may apply. Penalty abatement may be possible with reasonable cause. Our EA team has experience handling IRS penalty abatement requests on behalf of clients.
Does a foreign-owned LLC with no income still need to file?
Yes. Even if your foreign-owned LLC had zero income or was dormant, if there were any reportable transactions (including capital contributions used to open a bank account or pay formation fees), Form 5472 must be filed. Many business owners mistakenly believe a "zero activity" LLC has no filing obligations — this is incorrect and can result in the $25,000 penalty.
What is FBAR and who needs to file it?
FBAR (Foreign Bank Account Report) — officially FinCEN Form 114 — must be filed by any U.S. person who has a financial interest in or signature authority over foreign financial accounts where the aggregate value exceeded $10,000 at any point during the calendar year. This includes bank accounts, investment accounts, mutual funds, and certain insurance products held outside the U.S.
What is the FBAR filing deadline?
The FBAR is due on April 15th, with an automatic extension to October 15th — no extension request needed. The FBAR is filed electronically through the FinCEN BSA E-Filing system, not with your regular tax return. Our team files FBAR separately alongside your complete tax compliance package.
What are the penalties for not filing FBAR?
FBAR penalties are severe. For non-willful violations, penalties can reach up to $10,000 per violation per year. For willful violations, penalties can reach $100,000 or 50% of the account balance per year, plus potential criminal prosecution. If you have missed FBAR filings, the IRS has amnesty programs including the Streamlined Filing Compliance Procedures that can significantly reduce penalties.
What is a PFIC and why does it matter for non-residents and foreign investors?
A Passive Foreign Investment Company (PFIC) is a foreign corporation where 75%+ of gross income is passive, or 50%+ of assets produce passive income. Common PFICs include foreign mutual funds and ETFs. U.S. taxpayers who own PFICs must file Form 8621 annually. The default tax treatment is extremely punitive. Making a QEF or MTM election can significantly reduce the tax burden.
Do Indian mutual funds qualify as PFICs for U.S. tax purposes?
Yes — Indian mutual funds almost always qualify as PFICs under U.S. tax law. This is one of the most common issues for non-residents and foreign nationals with U.S. tax obligations. Each mutual fund requires a separate Form 8621 filing. Our team specializes in PFIC analysis and election strategies to minimize your tax burden on foreign investments.
What is the difference between FBAR and FATCA (Form 8938)?
Both report foreign financial assets but are separate requirements. FBAR (FinCEN 114) is filed with FinCEN, has a $10,000 threshold, and covers all foreign financial accounts. Form 8938 (FATCA) is filed with your tax return, has higher thresholds ($50,000 for single filers in the U.S.), and covers foreign financial assets more broadly. You may need to file both — they are not substitutes for each other.
As a non-resident, do I need to file a U.S. tax return?
It depends on your U.S. tax status and income sources. If you are a U.S. citizen or Green Card holder, you must file on worldwide income regardless of where you live. If you are a non-resident alien with U.S.-sourced income (rental, investment, business), you must file Form 1040-NR. Additionally, foreign-owned LLC owners and those with U.S. bank accounts may have separate reporting requirements.
How do I file an extension for my individual tax return?
File Form 4868 by April 15th to get an automatic 6-month extension, moving your deadline to October 15th. For non-residents filing 1040-NR with no U.S. wages, the original deadline is June 15th, with extension to December 15th. An extension gives you more time to file, not more time to pay — any taxes owed are still due by April 15th.
What is an ITIN and how do I apply for one?
An Individual Taxpayer Identification Number (ITIN) is issued by the IRS to individuals required to file a U.S. tax return but ineligible for a Social Security Number — primarily non-residents and their dependents. You apply using Form W-7, submitted with your tax return and identity documents. Our team assists with ITIN applications and can guide you through the process without mailing your original passport.
Can I claim the Foreign Earned Income Exclusion (FEIE)?
The FEIE allows qualifying U.S. citizens and resident aliens living abroad to exclude up to $126,500 (2024) of foreign earned income from U.S. taxation. To qualify, you must meet either the Bona Fide Residence Test or the Physical Presence Test (330 days outside the U.S.). You claim it using Form 2555. This can result in significant tax savings for expats and Americans working abroad.
Preetham Thomas - President, Finora Tax & Accounting Services LLC
Preetham Thomas
President & Founder
Passed the Uniform US CPA Examination Passed the US CMA Examination U.S. Tax Specialist Wyoming LLC
Message from the President

Built on Trust.
Driven by Expertise.

Your financial compliance is not just a filing obligation — it is the foundation your business stands on.

I founded Finora Tax & Accounting Services LLC with one clear purpose — to give foreign-owned businesses, non-residents, and individuals the same level of expert U.S. tax guidance that was previously only accessible to large corporations.

Having seen firsthand how costly a missed Form 5472, an unfiled FBAR, or an overlooked PFIC reporting requirement can be, I built Finora to be the firm that keeps you protected, compliant, and always one step ahead of your obligations.

At Finora, every client is a priority — not a number. Whether you are filing your first U.S. return or navigating complex international tax structures, our qualified team brings the precision, care, and expertise your situation deserves.

I personally oversee every engagement to ensure the quality and accuracy that Finora stands for. I look forward to being your trusted partner in U.S. tax and accounting.

Preetham Thomas — President, Finora Tax & Accounting Services LLC
Why Finora

Qualified Professionals.
Honest Service.

We bring qualified tax and accounting expertise to every client engagement — ensuring accurate filings, maximum savings, and full compliance.

01

IRS Enrolled Agent on Our Team

Our EA is licensed directly by the IRS — the highest credential for tax representation. This means we can represent you before the IRS in audits, appeals, and collections on your behalf.

02

Specialized in International & Cross-Border Tax

From FBAR to PFIC to Form 5472, we handle the most complex international tax situations that general accountants often miss — protecting you from costly penalties.

03

Proactive, Not Just Reactive

We don't just file your returns — we identify tax-saving opportunities, flag upcoming deadlines, and plan ahead to minimize your liability year after year.

04

Transparent Pricing, No Surprises

Clear upfront pricing with no hidden fees. You know exactly what you're paying for — and our licensed EA can represent you before the IRS if ever needed.

Our Credentials

EA — Enrolled Agent (IRS Authorized)

Our EA is licensed directly by the IRS and can represent clients in audits, appeals, and collections — the highest credential for U.S. tax representation.

Qualified Tax & Accounting Professionals

Our team comprises qualified tax and accounting professionals with extensive experience in U.S. individual, business, and international tax compliance. We have a licensed Enrolled Agent on our team.

Financial Modelling Expertise

Beyond compliance, we bring strong financial modelling and forecasting expertise — helping businesses plan, grow, and make data-driven decisions.

Wyoming LLC — U.S. Registered

Finora Tax & Accounting Services LLC is a registered U.S. business entity in Wyoming, providing full credibility and legal standing for your engagements.

IRS Enrolled Agent Qualified Professionals Wyoming LLC Circular 230
Tax Knowledge Hub

Expert Insights &
Tax Guides

In-depth guides on U.S. tax compliance for foreign-owned LLCs, FBAR, PFIC, and non-resident taxation — written by our qualified tax team.

Foreign LLC · Form 5472

Form 5472 for Foreign-Owned Single Member LLCs: The Complete Guide

If you own a U.S. LLC as a non-U.S. resident, Form 5472 is one of the most critical — and most overlooked — IRS filing requirements. A single missed filing carries a $25,000 penalty.

Read Full Guide → U.S. Tax Compliance
FBAR · FinCEN 114

FBAR Filing 2025: Who Must File, Deadlines & Penalties Explained

The Foreign Bank Account Report (FBAR) is required for any U.S. person with foreign accounts exceeding $10,000. Here's everything you need to know about filing, deadlines, and avoiding costly penalties.

Read Full Guide → FBAR Compliance
PFIC · Indian Mutual Funds

Do Indian Mutual Funds Count as PFICs? What U.S. Tax Filers Must Know

If you are a U.S. tax filer with investments in Indian mutual funds, you may be sitting on a significant and unknown tax liability. Here's why Indian mutual funds are classified as PFICs and what to do about it.

Read Full Guide → PFIC Reporting
PFIC · Form 8621

PFIC Mark-to-Market vs QEF Election: Which One Should You Choose?

If you own foreign mutual funds or ETFs classified as PFICs, choosing the right election — Mark-to-Market (MTM) or Qualified Electing Fund (QEF) — can mean thousands of dollars in tax savings.

Read Full Guide → PFIC Elections
Non-Resident · 1040-NR

Non-Resident US Tax Filing: Complete Guide to Form 1040-NR for 2025

If you earned U.S.-sourced income as a non-resident alien — from investments, rentals, business, or employment — you are likely required to file Form 1040-NR. Here is everything you need to know.

Read Full Guide → Non-Resident Tax
Get in Touch

Ready to Get Compliant?

Tell us about your situation and we'll respond within 1 business day with a clear plan and quote.

Email Us

info@finoratax.com

WhatsApp / Call (India)

+91 95130 91710

Business Address

Finora Tax & Accounting Services LLC
Registered in Wyoming, USA
Serving clients across all 50 U.S. states

Response Time

Within 1 business day
Free 15-minute consultation available