Learn more about common financial (and startup) terms here. To learn more about Pilot, fill out the form below.
Form 5471 is an IRS form that certain U.S. citizens and residents who are officers, directors, or shareholders in certain foreign corporations must file. It's used to satisfy the reporting requirements of transactions between foreign corporations and U.S. persons.
Filing Form 5471 is complex and requires substantial information about the foreign corporation's income, expenses, assets, and liabilities. Non-compliance can lead to substantial penalties, so it's essential to understand who needs to file this form and what information is required.
Pilot provides bookkeeping, CFO, and tax services for literally thousands of startups and growing businesses. We've successfully processed over 10 million transactions for our customers and have unparalleled expertise when it comes to helping businesses succeed.
We're the largest startup-focused accounting firm in the United States, and we'd love to help you. To talk to an expert on our team and find out what Pilot can do for you, please click "Talk to an Expert" below, or email us at firstname.lastname@example.org.
Get the peace of mind that comes from partnering with our experienced finance team.