O
Omegapoint
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Does the fact of profit or loss to shareholders passing thru to
personal income tax defeat the purpose of incorporating in states said to have favorable corporate tax structures, like Delaware or Nevada? I'm a courier in Ohio and am being required by the broker, with whom I have a contract, to become an LLC or incorporate and I don't have clue one about the tax changes I'll be experiencing. Any advice or enlightenment would be appreciated.
Cordially,
Alex
personal income tax defeat the purpose of incorporating in states said to have favorable corporate tax structures, like Delaware or Nevada? I'm a courier in Ohio and am being required by the broker, with whom I have a contract, to become an LLC or incorporate and I don't have clue one about the tax changes I'll be experiencing. Any advice or enlightenment would be appreciated.
Cordially,
Alex