Small-business & foreign-owned LLC compliance
The filings that quietly rack up
$10k–$60k penalties.
FinCEN BOI. IRS Form 5472. Delaware franchise tax. State annual reports. The recurring obligations that blindside founders, solo operators and foreign-owned US LLCs — each with the deadline, the penalty, and a link to the official source, dated.
Not legal or tax advice. Compliance Radar is an informational directory.
This is general information, not legal or tax advice. Deadlines and penalties change and depend on your specific facts — verify with the official source and a licensed CPA or attorney before acting.
We surface only obligations we can anchor to an official government source, each with the
date we last verified it. Sources change; always confirm against the linked official page.
The ones that hurt the most
| Obligation | Deadline | Penalty if missed | Official source |
|---|---|---|---|
| FinCEN Beneficial Ownership Information (BOI) Report FinCEN (Corporate Transparency Act, 31 CFR 1010.380) |
Foreign reporting companies: within 30 calendar days of registration becoming effective (entities already registered before March 26, 2025 had an earlier 2025 deadline that has now passed). Confirm your specific deadline directly on fincen.gov/boi. | Willful violations: civil penalty up to $591/day (inflation-adjusted) and criminal penalties up to a $10,000 fine and/or up to 2 years imprisonment. | Source: FinCEN — Beneficial Ownership Information · verified as of 2026-06-22 |
| IRS Form 5472 (foreign-owned US LLC / 25%-foreign-owned US corp) IRS (IRC §6038A) |
Filed with Form 1120 (or pro-forma 1120) by the 15th day of the 4th month after the entity's tax year-end — about April 15 for a calendar-year filer — including extensions. | $25,000 for failure to file a complete and accurate return, plus an additional $25,000 for each 30-day period the failure continues more than 90 days after IRS notice. | Source: IRS — Instructions for Form 5472 · verified as of 2026-06-22 |
| Delaware LLC annual tax Delaware Division of Corporations |
June 1 each year. | $200 penalty plus 1.5% interest per month on the unpaid tax. | Source: Delaware Division of Corporations — Alternative Entity (LLC) Tax · verified as of 2026-06-22 |
| IRS Form 1099-NEC (nonemployee compensation) IRS |
January 31 — to BOTH the recipient and the IRS (moves to the next business day if January 31 falls on a weekend or holiday). | Per-form penalties scale with how late you file. For 2025 small-business returns: $60 (filed within 30 days), $130 (by August 1), and $330 (after August 1 or not filed) per form; intentional disregard is higher with no cap. Penalties apply separately for the IRS copy (§6721) and the payee copy (§6722). Exact 2026 inflation-adjusted figures may differ — confirm on the IRS penalties page. | Source: IRS — Instructions for Forms 1099-MISC and 1099-NEC · verified as of 2026-06-22 |
How it works
1 · Tell us your entity
Entity type, state, formation date, a couple of flags (foreign-owned? employees? pay contractors?).
2 · Get your dated checklist
Only the obligations that plausibly apply, each with its next deadline computed and the official source linked.
3 · Free reminders
Add an email or webhook and we'll remind you before each deadline. Cancel anytime. Your agent can call it too (MCP).
We surface only what we can anchor to an official government page. If we can't verify a number, we leave it out.
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