Latest edition: 29 September 2026London — published continuously since 2026Free forever
The Founder Gazette
Startup news, held to newspaper standards

Filed under: company formation

1 story

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Founder's toolkit

The $25,000 form a UK founder owes the IRS every year

A single-member US LLC files no income tax return. It still owes Form 5472, and the stated penalty for missing it is 25,000 dollars.

№ 286 · 29 September 2026