Exit
Compliance Estimator
Contact Information
Step 1/4
First Name
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Phone
Email
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Compliance Estimator
Entity Information
Step 2/4
Entity Name
Date of Incorporation
Entity Type
Corporation (C-Corp return)
Incorporated State
Delaware
California
Others
Tax year followed for US Entity
Jan to Dec
April to March
Others
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Compliance Estimator
Foreign Subsidiary And Ownership
Step 3/4
Have you registered the company or doing business in California (Eg, Physical office, payroll employees, more than 25% of US revenue from California)?
Yes
No
Have you registered or doing business in any other state?
Yes
No
How Many?
Did you have a subsidiary outside the USA during the tax year?
Yes
No
How Many?
Did your subsidiary bank account(s) collectively had more than $10000 during Jan to Dec?
Yes
No
At the end of the tax year, does the corporation have any foreign shareholding > 25%
Yes
No
How many shareholders holding 25% or more?
Please Select...
1
2
3
4
How many shareholders (>25%) had reportable monetary transactions during tax year between entity and themselves?
How many shareholders (>25%) had reportable monetary transactions during tax year between entity and themselves?
How many shareholders (>25%) had reportable monetary transactions during tax year between entity and themselves?
How many shareholders (>25%) had reportable monetary transactions during tax year between entity and themselves?
CPA recommends to report all >25% foreign shareholders, even if there are no reportable monetary transactions to avoid unnecessary notice in future. Would you want to file?
Yes
No, I will take the risk
Next Step
$
$
$
$
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Compliance Estimator
Transactions and Activity
Step 4/4
Does the entity have any bank transactions during the tax year?
Yes
No
How many transactions?
0-50
50-100
100-150
150-200
200-300
300-500
500-750
750-1000
1000+
Do you want Tranquility Consulting to prepare Profit / Loss and Balance Sheet for the Tax year?
Yes
No
Did you pay any lawyer or legal firm in the year 2023 (Jan to Dec 2023)
Yes
No
How many Lawyers/Law Firm did you pay?
Did you pay any non-corporations (eg. Individuals, LLCs, consultants etc.) >= $600 during Jan to Dec 2023)
Yes
No
How many Non-Corps did you pay?
Is the US entity in a net profitable position during the tax year?
Yes
No
Enter the approximate net profit in USD
Does the US entity hold assets > $10 Mn during the tax year?
Yes
No
Calculate Costs
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Compliance Estimator
We estimate
$
(Service Charge + Government Charges)
I am Interested
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See Deadlines + Breakdown
Estimated Service Charge
State Franchise Tax (If Any)
Total Service Charge
$
Form 1099 filing
(Due: 31st January 2024)
(Due: TBD*)
$
State Franchise Tax And Annual Report
(Due: 1st March 2024)
(Due: TBD*)
$
Book Keeping
(Due: 15th April 2024)
(Due: 15th July 2024)
(Due: TBD*)
$
Form 1120 (Corporation)
(Due: 15th April 2024)
(Due: 15th July 2024)
(Due: TBD*)
$
Form 5471 (Subsidiary Corporation reporting)
(Due: 15th April 2024)
(Due: 15th July 2024)
(Due: TBD*)
$
Form 5472 (> 25% foreign shareholder reporting)
(Due: 15th April 2024)
(Due: 15th July 2024)
(Due: TBD*)
$
State Income Tax Returns
(Due: 15th April 2024)
(Due: 15th July 2024)
(Due: TBD*)
$
Foreign Bank account reporting FBAR (FInCEN)
(Due: 15th April 2024)
(Due: 15th July 2024)
(Due: TBD*)
$
State Franchise Tax and Annual Report
$
Federal Income Tax
$
State Income Tax
TBD*