accountant for my LLC in mexico

Shopify Discussion
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Topic summary

A non-US resident operating a Shopify e-commerce business through a New Mexico LLC is seeking an affordable accountant for year-round tax filings.

Key Tax Requirements:

  • Single-member foreign-owned LLCs are typically treated as disregarded entities by the IRS
  • Required filings include Form 5472 (reportable transactions with related parties) and Proforma Form 1120
  • Compliance with these filings is essential for non-resident LLC owners

Recommended Resources:
Two CPA firms were suggested:

  • O&G Tax and Accounting Services (specializes in foreign-owned LLCs)
  • James Baker CPA (provides guidance on US LLCs for non-residents)

Selection Criteria:

  • Experience with foreign-owned LLC taxation
  • Comprehensive services (tax filing, bookkeeping, Corporate Transparency Act compliance)
  • Transparent, upfront pricing

The discussion remains open, with the original poster encouraged to contact these firms for quotes and specific guidance tailored to their situation.

Summarized with AI on November 1. AI used: claude-sonnet-4-5-20250929.
1

Hey, I am a non US resident and I opened an LLC in new mexico, I was wondering if anyone could connect me with an accountant to do my tax filings through out the year at an affordable price. I opened an LLC just to run my e-commerce on Shopify. Thank you

2

Hi @abghadban

I see you’re a non-U.S. resident who has set up an LLC in New Mexico to run your Shopify e-commerce business, and you’re looking for an affordable accountant to handle your tax filings throughout the year. Let’s dive into this.

Understanding Your Tax Obligations

As a foreign owner of a U.S.-based LLC, it’s crucial to be aware of your tax responsibilities. Generally, if your LLC is a single-member entity, it’s considered a disregarded entity for tax purposes. This means the IRS views your LLC’s income as your personal income. You’ll likely need to file:

  • Form 5472: This form is used to provide information on reportable transactions with foreign or domestic related parties.
  • Proforma Form 1120: Even though your LLC is disregarded for tax purposes, you’re still required to file a proforma Form 1120 alongside Form 5472.

These filings are essential to stay compliant with U.S. tax laws. For a more detailed breakdown, you might find this guide helpful: Find the Right CPA for Your Foreign-Owned LLC in New Mexico.

Finding an Accountant

Given your non-resident status and the nature of your business, it’s beneficial to work with a CPA experienced in handling foreign-owned LLCs. Here are a few firms that specialize in this area:

  • O&G Tax and Accounting: They focus on assisting foreign-owned single-member LLCs with services like preparing Forms 1120 and 5472, monthly bookkeeping, and general accounting. You can learn more about their offerings here: O&G Tax and Accounting Services.

  • James Baker CPA: They provide guidance on U.S. LLCs for non-residents, including tax obligations and structuring. More information is available at: US LLC Guide for Non-Residents.

When selecting an accountant, consider the following:

  • Experience with Foreign-Owned LLCs: Ensure they have a track record of working with clients in similar situations.
  • Range of Services: Look for firms that offer comprehensive services, including tax filing, bookkeeping, and compliance with regulations like the Corporate Transparency Act.
  • Transparent Pricing: It’s essential to understand their fee structure upfront to avoid surprises later.

Next Steps

I recommend reaching out to these firms to discuss your specific needs and obtain quotes. This will help you find a service that fits your budget while ensuring compliance with U.S. tax laws.

If you need extra help, just let me know asap. Thanks.

Daisy.