IRS Form 5472 Explained vs IRS Form 5471
IRS Form 5472 Explained vs IRS Form 5471

IRS Form 5472 is not talked about that often, but it is important for US-based corporations that have foreign stakeholders involved in their company. In this video, we will cover: + What is Form 5472? + Understanding Form 5472 Reportable Transactions + Who must file Form 5472 + Form 5472 instructions + Form 5472 Penalties + Form 5471 vs Form 5472 including foreign corporations vs domestic corporations If you need help with IRS form 5472 or your cannabis business taxes, then please reach out to us at: https://greengrowthcpas.com/get-started/ or call 800-674-9050.