International Tax. Simplified.
Complex filings. Global rules. One clear path. McGuire Advisory helps individuals and small businesses stay compliant with U.S. international tax laws — from FBAR to Form 5471 — with accuracy, clarity, and confidence.
Individuals, founders, investors
5471 · 8865 · 8858 · 8938 · FBAR
Treaties · FTC · GILTI/Subpart F
Who We Help
Clear guidance for people and businesses with cross‑border exposure.
U.S. Expats & Dual Citizens
Foreign income exclusion, tax treaties, FBAR, FATCA 8938, PFIC reporting.
Entrepreneurs with Foreign Entities
Form 5471/8858/8865, GILTI/Subpart F, E&P tracking, basis & attribution.
Foreign Owners of U.S. Businesses
Withholding, FIRPTA, ITINs, effectively connected income, branch profits tax.
From Uncertainty to Clarity
Common Pain Points
- “Do I actually need a 5471?”
- “FBAR vs. FATCA 8938 — which applies?”
- “Will I be double taxed?”
- “What is GILTI and does it affect my startup?”
How We Help
- Quick discovery to confirm filing categories
- Accurate, on‑time compliance and workpapers
- Foreign tax credit and treaty optimization
- Clear explanations and responsive support
Common International Filings
A quick reference of the most requested forms we handle.
| Form | Purpose | Typical Trigger |
|---|---|---|
| 5471 | U.S. shareholder of foreign corporation | ≥10% ownership, control, or category change |
| 8865 | U.S. person in foreign partnership | ≥10% interest or control thresholds |
| 8858 | Foreign disregarded entity | Single‑member foreign entity (FDE) |
| 8938 | FATCA specified foreign assets | Thresholds by filing status & residency |
| FBAR (FinCEN 114) | Foreign financial accounts | Aggregate balance > $10,000 any day |
| 1116 | Foreign tax credit | Crediting qualified foreign taxes |
Guides & Resources
U.S. Expats’ Annual Filing Checklist
A step‑by‑step list to stay compliant if you live or work abroad.
Download the checklist →FBAR vs FATCA (8938) — What’s the Difference?
Plain‑English comparison with examples and thresholds.
Read the guide →Form 5471 — A Simple Overview
Which categories apply, common triggers, and pitfalls to avoid.
Read the guide →Foreign Tax Credit (Form 1116) Basics
Limitation categories, sourcing rules, and planning ideas.
Read the guide →What Clients Say
“Michael is organized, proactive, and explains complex rules in plain English. International filings were done right and on time.”
“We finally understood if we needed a 5471 and why. The workpapers and communication were top‑notch.”
FAQs
Do I need to file Form 5471?
You might if you’re a U.S. person who owns at least 10% (by vote or value) of a foreign corporation, or you meet certain control or category change thresholds. A short discovery call confirms your category.
FBAR vs FATCA (8938) — which applies?
FBAR (FinCEN 114) covers foreign financial accounts when the aggregate balance exceeds $10,000 during the year. 8938 reports specified foreign financial assets based on higher FATCA thresholds. Many taxpayers file both.
How do I avoid double taxation?
With proper sourcing and the Foreign Tax Credit (Form 1116), you can often offset U.S. tax on foreign‑sourced income. Planning determines whether credits, exclusions, or treaty claims help most.
Can you work remotely with clients outside Massachusetts?
Yes. We support clients across the U.S. and abroad via secure portals, e‑signature, and video calls.
Get peace of mind on your international filings.
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