If you're operating a Multi-Member LLC (MMLLC), you know that collaboration adds both opportunity and complexity. With multiple owners comes the need for shared financial clarity, coordinated tax filings, and proper compliance under U.S. law.
If you're also based outside the United States, these challenges can multiply quickly. Bookmate helps MMLLC owners manage their bookkeeping and federal tax obligations with clear pricing and real human support.
What Is Bookmate?
Bookmate is a tax and bookkeeping service built for international founders who own U.S.-based companies. We support MMLLCs by providing monthly bookkeeping, preparing partnership tax returns (Form 1065), and helping partners understand their individual U.S. tax obligations.
Whether you are two co-founders or a distributed ownership team, Bookmate simplifies your financial backend.
Unlike traditional firms that often generalize services for all types of businesses, Bookmate was created specifically with the needs of international founders in mind. We focus on providing high-quality, straightforward tax and bookkeeping services for businesses that operate with cross-border ownership.
Our support is not just about filing forms; it is about helping your team stay confident and informed.
What Makes Bookmate Ideal for MMLLCs?
If you manage a Multi-Member LLC, here are several reasons Bookmate could be a great fit for your team:
1. Clean, Collaborative Bookkeeping
We ask our clients to purchase a QuickBooks Online subscription so our CPAs can work efficiently on your books. QuickBooks connects to your bank accounts, supports multiple users, and makes collaboration between members and Bookmate smooth.
Your assigned CPA will manage your monthly bookkeeping and produce clear reports on a monthly, quarterly, or annual basis.
These reports go beyond raw data. We help you understand what your numbers mean and how to use them to make smart business decisions. This is especially helpful in a partnership where all members need visibility and alignment on the business's financial health.
Because MMLLCs often involve decision-making by consensus, having timely, organized financial records is essential. Bookmate ensures that all members are working from the same numbers and have access to accurate, up-to-date financials.
2. Partnership Tax Filings Made Simple
MMLLCs must file an annual Form 1065 with the IRS and issue Schedule K-1s to each partner. Bookmate makes this process easy. Once you complete our secure web form and share your bookkeeping records, we prepare your return within one week.
Your CPA sends the draft back for your review, and after your approval, we file it through the IRS Modernized e-File (MeF) system.
Each partner will receive a Schedule K-1 that outlines their share of the income, deductions, and credits. You will also receive confirmation and tracking information so you know your filings were successfully submitted.
If you contact us close to the deadline, we include a free extension to give you six additional months to file without penalty.
Tax filing is a key annual milestone for every business, and for MMLLCs it involves coordination among multiple stakeholders. Bookmate’s structured process ensures everyone knows what to expect and when, making tax season much less stressful.
3. Built for International Partners
Many international co-founders struggle to find U.S.-based accounting help that understands their situation. Bookmate was created for teams like yours.
We have worked with MMLLCs owned by partners from multiple countries, and we understand how nationality, residency, and tax treaties can affect your filing obligations.
Whether one or all members are based abroad, we help ensure your entity remains compliant and that each partner understands their U.S. tax exposure. If some members are U.S. persons while others are not, we can help your team navigate the differences in reporting requirements and deadlines.
We know how to explain U.S. tax concepts in simple, non-technical language so your team can make informed decisions regardless of where they are based. This is especially helpful when not all members are familiar with the U.S. tax system.
4. Simple, Transparent Pricing
Bookmate keeps pricing clear and unbundled. Bookkeeping starts at $150 per month. Federal tax return preparation for MMLLCs, including Form 1065 and Schedule K-1s for each partner, starts at $400. You can choose just what you need and add services as your company grows.
There are no hidden fees or surprise invoices. You always know what you're paying and why. This is particularly valuable when multiple stakeholders are involved in budgeting and financial planning.
If your MMLLC adds or removes partners, or changes its structure over time, Bookmate makes it easy to scale your service without renegotiating complex contracts. You are in control.
5. Real Human Support Throughout
Our business model is centered on real human support because that is what we have found works best. When teams have urgent questions or need clarity, they want to speak with a professional, not a chatbot or auto-responder.
Bookmate offers year-round free consultations. When you're ready to explore our bookkeeping or tax services, you'll be assigned a dedicated sales consultant. They will share their personal email and Calendly link so you can contact them anytime.
Once you become a client, your assigned CPA stays with you, helping ensure continuity and trust.
If your MMLLC ever needs to review financials before a partner meeting, prep for investor due diligence, or get clarity before a big decision, you will know exactly who to contact and how to reach them.
When Bookmate Might Not Be the Right Fit
There are two common cases where Bookmate may not be the best fit. First, if you are looking for a full compliance provider to handle incorporation, EIN or ITIN applications, or state-level filings, we do not offer those services. However, we are happy to refer you to one of our trusted partners.
Second, if you are seeking a highly automated, software-driven platform with AI dashboards and app integrations, Bookmate is probably not the right match. We operate through our website and email, with a focus on responsive, personalized service from actual professionals.
Our model is simple and hands-on. We support our clients by focusing on what we do best—federal tax and bookkeeping—without overwhelming them with unnecessary features.
Try Bookmate Risk-Free
If you're curious whether Bookmate is right for your MMLLC, book a free consultation with our team. Schedule your meeting here and get customized advice for your unique business.
You can speak with a tax sales consultant who will walk you through our services, pricing, and process. There is no obligation, and it is a great way to get clarity before making a decision.
Making the Right Choice for Your MMLLC
Bookmate helps MMLLCs owned by international founders stay compliant with U.S. tax laws, stay on top of their finances, and make informed decisions with support from real professionals. If your business needs a dependable partner for bookkeeping and tax filing, we would love to help.
Visit trybookmate.com to learn more. And remember, every tax situation is different. Speak with Bookmate to find out what is best for your MMLLC.
