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Lesson 7 of 32Video length 11:04
Federal taxes (IRS) vs State taxes (Delaware, Wyoming, California…)
How federal (IRS) and state taxes apply to LLCs and C-Corps. Riley explains pass-through income for US and non-US owners, owning the LLC through a home-country company, effectively connected income (ECI), contractors versus US employees, and why Delaware and Wyoming (0% state tax) beat California (8.84% plus an $800 fee).