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I make sales to other countries. LLC Multi-Member for tax purposes is treated as a partnership, i.e. it is not taxed. But the profits of the Partnership must be distributed between the partners. The income of the partners, regardless of the country of origin, comes from the US Partnership, so it...

According to the accountant I checked, I have to pay. It is a Partnership. If it were a single member LLC you would be right. Members must pay 10% of the distributed profits. The Partnership itself does not have to pay anything. But the partners do. And there are penalties as you mentioned...

Sounds like a good option. I can open another LLC DE, but this time with only one member. The new LLC would not inherit the problems and debts of the previous LLC. In which case I'd really get tax benefits. I was too stupid to start the last company. I am a digital nomad, I do not stay in any...

Hey, guys, I am having some problems with my MMLLC (Multi-Member LLC - DE) I formed the company in 2017 and have not paid any federal tax for the IRS since then. We are non-US and non-resident. According to what I checked, I should have already sent some forms (8804, 8805, 1065 and K-1 of...