Hi, I just sent 1120 proforma + 5472 by efax. However, I couldn't find any information about dpi used there, nor on any other fax service. The IRS instructions are to send the fax in 300 dpi or higher. Do people really resize their information return pdf's? Should I send resized copy or am I good? 🤔 Any input appreciated 🙏

Hi everyone, On the IRS page for ecommerce businesses, it states that non-store retailers (essentially ecommerce businesses) do not have a specific code. Instead, you are required to use the principal business code corresponding to the primary type of goods you sell. In my case, this would be apparel. However, I also plan to sell electronics and other products. What would be the appropriate code in this situation, or how should I proceed? I am referring specifically to filling out Form 5472, Part 1, Sections 1d and 1e. Thank you as always—you’re the best!

Are total assets required to be filled in on the 1120+5472? Also, do we need to sign pro-forma 1120? How is this field needs to be filled? Do we need to just type our full name as a signature, or do we need to insert an actual signature? Do we tick the Yes on the right, or can we just leave it blank, or check No? Is the amount paid to form the LLC count as contributions?

Hi, this is my first time on this platform and I would like to share my greetings with everyone. I’ve recently started my company as a Single member LLC in Florida using a 3rd party registered agent. I’ve obtained my EIN , formation letter. Opened a bank account with Mercury using my registered agent address. I’m stuck with the BOI report filing as my registered agent mentioned that it’s not possible to file the BOI unless I have a physical address in the US. “ PO Box , Virtual Office not accepted “ As I don’t live in the US I have no idea how to overcome this issue while I’m running out of time. I have already purchased the BOI filing with my agent but they can’t proceed because I didn’t provide an address. In this situation what are my options ? P.S: I have no one in the US to use their address , I know literally no one. but I do have a virtual mailing office also using a 3rd party agency. I’d appreciate any help I’m booked with James for a call on 29th Feb. But if I get my answer I would cancel it to give a chance for other people to talk early.