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If you're a US citizen running a foreign business, there are certain tax forms you need to know to ensure compliance with US tax laws. In this informative video, we'll discuss the necessary tax forms that US citizens with foreign businesses must know. We will cover a range of topics, including Form 5471, used to report ownership in a foreign corporation; Form 8858, used to report ownership in a foreign disregarded entity; and Form 8938, used to report foreign financial assets. We'll also provide practical tips for navigating these forms and avoiding costly noncompliance penalties. Whether you're a seasoned entrepreneur or just starting your foreign business venture, this video is a must-watch for anyone looking to stay on top of their US tax obligations. So, grab a cup of coffee and tune in to learn everything you need to know about tax forms for US citizens with a foreign business. At Greenback Expat Tax Services, we specialize in helping US citizens living abroad with their tax obligations. Our team of experienced tax advisors can guide you through the latest changes to the US tax code and provide personalized advice to help you minimize your tax liability. So, if you want peace of mind when it comes to your US expat taxes, let Greenback Expat Tax Services be your guide. Contact us today to schedule a consultation and take the first step towards stress-free expat tax compliance. 🔷 Learn More about US Citizens With a Foreign Business: https://www.greenbacktaxservices.com/... 🔷 Check out our Transparent Flat-fee Pricing: https://www.greenbacktaxservices.com/...