International Tax Services

Clarity, confidence, and compliance for globally connected individuals and businesses.

We’re your trusted partner in simplifying international tax filings, maximizing treaty benefits, and navigating cross-border compliance with confidence.

Our Expertise

We Help You Navigate International Taxes with Confidence.

International tax laws can be overwhelming. At Donovan CPAs, we help individuals and businesses stay compliant, reduce risk, and optimize their tax outcomes with trusted expertise and personalized support. We don’t just file forms. We provide clarity.

We offer comprehensive international tax services for:

Need international tax advice?

We provide advisory services in conjunction with preparing your returns and filings, ensuring your strategy and compliance are always aligned.

Whether you need help with foreign tax credits, reporting foreign bank accounts, or understanding treaty benefits, our team is here to walk you through every step.

Services We Offer

Here’s a look at some of the international tax services our clients rely on:

FBAR (FinCEN 114)

Required for U.S. taxpayers who hold foreign bank or financial accounts totaling more than $10,000. We handle the reporting to ensure full compliance and avoid penalties.

FATCA / Form 8938

Used to report specified foreign financial assets. We help you meet Foreign Account Tax Compliance Act (FATCA) requirements and file accurately with your U.S. return.

Form 2555 – Foreign Earned Income Exclusion

Helps U.S. citizens exclude a portion of their foreign-earned income from U.S. taxation. We determine your eligibility and apply the correct exclusions.

Form 1116 – Foreign Tax Credit

Reduces double taxation by allowing credits for taxes paid to another country. We calculate and apply credits as part of your overall return strategy.

Form 8833 – Treaty-Based Return Disclosure

Discloses the position you’re taking under a U.S. tax treaty to reduce or exempt tax. We evaluate applicable treaties and file the form to support your position.

Form 3520 / 3520-A – Foreign Trusts & Gifts

Required if you’ve received large gifts or bequests from foreign persons or have transactions with foreign trusts. We file the appropriate form and guide you through the disclosure process.

1042-S and 1042-T – Withholding on Foreign Persons

Used to report U.S. source income paid to nonresident aliens. We assist with preparation and ensure proper withholding and reporting.

W-8BEN and W-8BEN-E

Certificates of foreign status used to claim tax treaty benefits and reduce withholding. We advise and prepare these forms for individuals and entities.

Form 8621 – PFIC Reporting

Required if you’re a U.S. shareholder of a Passive Foreign Investment Company (PFIC). We analyze your investments and manage this complex filing.

Form 5471 – Controlled Foreign Corporations (CFCs)

Filed by U.S. persons with ownership in certain foreign corporations. We assist in determining filing requirements and preparing complete, accurate disclosures.

Form 5472 – Foreign-Owned U.S. Corporations

Required for U.S. corporations with 25% or more foreign ownership. We manage e compliance and help prevent penalties for underreporting.

Form 8858 – Foreign Disregarded Entities

Used to report information on foreign disregarded entities. We guide you through ownership structures and ensure timely, accurate filings.

Form 8865 – Foreign Partnerships

Filed by U.S. persons with an interest in foreign partnerships. We handle this complex form and help you maintain IRS compliance.

Form 8992 – GILTI Inclusions

Reports Global Intangible Low-Taxed Income (GILTI) from foreign subsidiaries. We calculate the GILTI inclusion and file the necessary forms to stay compliant.

Need clarity on these forms? We break them down in simple terms and handle everything from documentation to filing.

Transfer Pricing Study

We prepare Transfer Pricing Studies in accordance with IRC §482 and Treasury Regulations §1.6662-6, providing contemporaneous documentation to support the arm’s length nature of intercompany transactions and mitigate potential IRS penalties.

Our reports provide a thorough analysis of your intercompany transactions, functional analysis, risk assessment, and economic justification to support your pricing policies and withstand scrutiny from tax authorities.

Our benchmarking services involve identifying appropriate comparables and performing detailed financial analysis to substantiate the arm’s length pricing of intercompany transactions. We utilize globally recognized databases and follow industry best practices to determine appropriate profit margins, interest rates, royalty rates, or service fees.

Annual Comparable Updates

Keeps your transfer pricing documentation current with updated financial data from comparable companies. We offer this maintenance service annually.

Country-by-Country Reporting (CbCR)

We assist multinational groups in preparing and reviewing Country-by-Country Reports (CbCR) in line with OECD BEPS Action 13 requirements. We help ensure accurate reporting of global allocation of income, taxes, and economic activity to meet transparency obligations and avoid penalties for non-compliance.

A Sustained Impact Through Smarter Tax Strategy

Our services go beyond compliance. We help you:

Maximize credits and deductions through tax treaties

Reduce exposure to penalties by correctly reporting global income

Minimize
double taxation

Align your tax plan with immigration and residency strategies

You Deserve a Tax Partner Who Gets It

International tax scenarios are rarely simple. It’s important to work with professionals who understand the nuances of both U.S. and foreign tax law.

We bring international experience home.

With years of global tax experience, our lead international specialist brings technical depth and cultural insight to the Midwest market.

We're priced accessibly.

Big firms focus only on high-net-worth clients. We serve real people—engineers, professionals, students, and small business owners—with transparent pricing.

We prioritize relationships.

Our goal isn’t just to file a form. It’s to build trust and walk alongside you as your needs evolve. We’ll even collaborate with your advisors and international professionals.

We make it easy and secure.

Using tools like TaxCaddy, we handle sensitive financial documents securely and efficiently, wherever you are in the world.

You don’t have to be an international tax expert. That’s our job.

From helping a U.S. engineer in the Netherlands reduce their U.S. tax liability to guiding a student fellow from Australia on claiming treaty exemptions, our team brings deep global experience and Indiana-based care to every situation.

Who you'll be working with

Get to know the team that will be your strategic support system

FAQs for Globally Connected Clients

Do I need to file U.S. taxes if I live abroad?

Yes. The U.S. taxes global income, but we help you claim exclusions and credits to reduce double taxation.

What if I have a foreign bank account?

You may need to file an FBAR. Even if no tax is owed, reporting is required.

I inherited foreign property. What now?

You likely need to file Form 3520. We’ll handle the paperwork and keep you compliant.

Can you help my business, too?

Yes. We assist with foreign-owned U.S. businesses, partnerships, and transfer pricing.

Do you work with clients outside Indiana?

Absolutely. We support U.S. nationals across the globe.

Can you collaborate with my foreign accountant?

Yes. We regularly work with foreign professionals to align both U.S. and international filings.

Let’s Talk About Your Taxes

Whether you’re moving overseas, returning home, or just inherited something abroad, we’re here to help.