Hi Everyone,
I'm starting a website which I hope to generate per-1000-views advertising
revenue with. I have a couple questions, though. Do I need to, or maybe
rather should I, incorporate or form an LLC? If so, can I do so in Nevada to
avoid California's $800 Franchise Tax Board tax? I understand if I actually
do make money I'll be paying myself in California and I will have worked in
California, so therefore I'll have to pay California income and corporate
taxes, but I want to avoid paying taxes if I'm not making any profit. As I
understand it, profit or not, you're in at least $800 per year to the
California Franchise Tax board for simply having incorporated or formed your
LLC there (here).
I'd appreciate any feedback.
Thanks!
Chris
JGabriel | Community Moderator |
11/12/2012 - 11:31 am
Try getting in touch with a local Small Business Development Center or SCORE, two of SBA's resource partners. They're located across the country andprovide free business counseling and answers. Visit our local assistance guide to find your local SBA resource partners by entering your zip code. One approach that may be useful is talking to a mentor who could offer you specific guidance. Good luck!
JGabriel | Community Moderator | 11/12/2012 - 11:31 am
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