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Fillable Form Noaa Form 34 82

Fillable Form Noaa Form 34 82

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[Music] hello YouTube Jim Bakker here from mountain Baker tax consultants and today I'm making a video to explain how to file taxes for a limited liability company with multiple foreign owners so a little bit of background on the limited liability company the LLC it's very popular for foreign individuals for everyone in tax planning because it's disregarded for tax purposes so when I say disregarded the results the income the expenses from the LLC are not taxed at the LLC level they're passed on to the owner and taxed by the owner of the LLC so if a foreign person owns a US LLC they only pay tax on that income if they have a presence in the US we call that effectively connected income so if you have inventory or offices or employees or you do business any kind of business in the US then you have to pay taxes in the US on a personal level now it's a little bit different if you have more than one member if you have partners in your US LLC whether t

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