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At which point single person non resident USA LLC require to file Audit ?

troubled soul

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Aug 23, 2020
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Single person non resident USA LLC,
At which point this entity required to be audited?

Any rules like UK LLP audit requirement ?
Do anybody have experience with high turnover ?

Or even with millions in turnover , there is no requirement of audit ? For USA LLC ?

Thanks
 
Single person non resident USA LLC,
At which point this entity required to be audited?

Any rules like UK LLP audit requirement ?
Do anybody have experience with high turnover ?

Or even with millions in turnover , there is no requirement of audit ? For USA LLC ?

Thanks
What should be audited and why would you wanna do it?
The relevant numbers to compile the forms can be derived from your bank statements.

The ultimate form of audit will come if you come on the radar of the irs.
 
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