Compliance repair plan for global founders

Executive summary for global founders: why repair matters, top federal and state exposures. 7-step Compliance Repair Plan (Audit → Prioritize → Cure → Document → Disclose → Monitor → Automate). Each step with actionable checklist items and expected timelines/penalties.

Federal-specific deep dives: BOI (FinCEN) changes and deadlines for foreign reporting companies; Form 5472 requirements for foreign-owned US DEs and reporting mechanics (pro forma 1120), FBAR thresholds and how to file, payroll tax and information return catch-up (941/940/1099), OFAC/ sanctions screening basics.

State-specific guidance (how to check and cure): use a 50-state matrix approach and highlight common states for incorporations and enforcement (DE, CA, NY, TX, FL): where to check annual report and franchise tax status, how to reinstate (typical steps), common fees and timeframes.

Link to centralized 50-state annual report resources. Remediation templates and sample language: example email to registered agent/state, sample checklist for Form 5472/FBAR gathering, sample timeline for 30/60/90-day remediation, and recommended letters for voluntary disclosure (when appropriate).

Practical next steps and recommended professional help: when to hire a CPA, tax attorney, registered agent service, and managed compliance provider.

Executive summary for global founders: why repair matters, top federal and state exposures. 7-step Compliance Repair Plan (Audit → Prioritize → Cure → Document → Disclose → Monitor → Automate). Each step with actionable checklist items and expected timelines/penalties.

Federal-specific deep dives: BOI (FinCEN) changes and deadlines for foreign reporting companies; Form 5472 requirements for foreign-owned US DEs and reporting mechanics (pro forma 1120), FBAR thresholds and how to file, payroll tax and information return catch-up (941/940/1099), OFAC/ sanctions screening basics.

State-specific guidance (how to check and cure): use a 50-state matrix approach and highlight common states for incorporations and enforcement (DE, CA, NY, TX, FL): where to check annual report and franchise tax status, how to reinstate (typical steps), common fees and timeframes.

Link to centralized 50-state annual report resources. Remediation templates and sample language: example email to registered agent/state, sample checklist for Form 5472/FBAR gathering, sample timeline for 30/60/90-day remediation, and recommended letters for voluntary disclosure (when appropriate).

Practical next steps and recommended professional help: when to hire a CPA, tax attorney, registered agent service, and managed compliance provider.