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LLC-level tax

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D

deadseasquirrel

Guest
What is the name of your state? New York

Does New York charge an LLC-level tax? From what I read, it sounds like this "LLC-level tax" is like a minimum tax, regardless of whether you had any profits or not, that a state charges. I've seen other terms thrown around like "Franchise fee," "registration fee," "renewal fee." Are any of those fees that I have to pay yearly to that state, even if I make no money whatsoever?

I am not starting a franchise by the way, but I've seen that term used in non-franchise situations, so I am a little confused.
 



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