Frequently Asked Questions

---

Hiraya Tax and Bookkeeping offers a range of accounting services, including bookkeeping, tax preparation, DE franchise tax filing, and consultation.

Hiraya offers monthly packages starting at $199 for businesses earning under $5k/month, up to $999 for those earning over $200k/month. Each package includes bookkeeping, tax preparation, and additional compliance support tailored to your income level.

All plans include monthly categorization of income and expenses, Profit & Loss reports, Balance Sheet, and estimated tax calculations. Higher-tier packages offer additional features like invoicing, cashflow statements, and accrual accounting.

Yes, non-resident owners of US LLCs may still be required to file federal (and sometimes state) tax returns, even if they don’t live in the US. The filing requirements depend on your LLC structure and whether there were any US-sourced transactions.

Cash accounting records revenue and expenses when money is actually received or paid. Accrual accounting, on the other hand, records them when they are earned or incurred, offering a more accurate financial picture for growing businesses.

Form 5472 is required for foreign-owned US LLCs that have reportable transactions with a foreign owner. It’s mandatory, even if the LLC didn’t generate income. The penalty for not filing starts at $25,000 per form. 

Yes, our packages include preparation and filing of both federal and applicable state tax returns for your business. Some packages also include or discount your personal tax return.

If your LLC is treated as a disregarded entity (single-member), then yes — you may need to file a US personal tax return (Form 1040-NR). We’ll assess your situation to confirm and include it in many of our packages.

These forms are required when you pay $600 or more to US-based contractors or vendors. Our packages include a set number of these filings at no additional cost.

Missing IRS or state deadlines can result in penalties and interest. For example, missing Form 5472 or BOI filings can trigger fines starting at $25,000. We track deadlines for all included forms and send reminders to help you stay compliant.

Absolutely. Proper bookkeeping helps you track income, monitor expenses, prepare for taxes, and provide accurate information to investors or partners. It's also legally required for accurate tax reporting.

Sales tax depends on your nexus (physical or economic presence) and the type of product. We can assess your business and help you determine if you need to collect and remit sales tax.

We use encrypted, secure portals for document transfer and storage. Your data is never shared with third parties without consent, and we are committed to strict confidentiality.