International engagements

Built on real engagements for US subsidiaries of foreign groups.

Form 5472 jobs, intercompany balances and multi-currency accounts are part of the product, not an afterthought.

Foreign parent

Intercompany balancesConfirmations

US subsidiaryQuickBooks Online

Illustrative · sample data

Where the product took shape.

TAXFINAI grew out of returns and closes for US companies with foreign parents: 5472 and 5471 work, intercompany flows, accounts in several currencies. Those engagements set the bar for how jobs are tracked and how balances are reviewed.

On the tax side

Track Form 5472 jobs for foreign-owned single-member LLCs alongside your 1120s and the rest of the season, with the people assigned and the checklist for each job.

Tax Workflow

On the review side

Intercompany cycles confirm the balance with the counterparty and check the rate used. Bank accounts in foreign currency are reconciled and revalued.

Close Review

Demo Industries Inc. · IntercompanyReconciled

Due from parent

Balance: $48,600.00
Confirmation received: $48,600.00
Rate checked: 1.0800
Difference: $0.00

Illustrative · sample data

See it on a case like yours.

A walkthrough of Tax Workflow, Close Review or both, on sample data.

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