I have found documentation than an LLC can have non-US resident members but its also documented that non-US residents can not be members of an s-Corp.
What are the rules for an LLC taxed as an s-Corp?
Appreciate any insight that an be provided.
thanks - that's what I thought but their previous CPA filed to have the LLC taxed as an s-Corp with 4 of the 7 members as non residents.
Which pretty much voids the S-election, so it is now taxed as a C-corporation.
I think there is a provision to keep the S-election if immediate action is taken to correct the situation, but seeing as how 4/7ths of the members are affected, that doesn't seem like it will work for your clients.