View Single Post
Old 09-17-2002, 10:49 AM  
Kimmykim
bitchslapping zebras!!!!!
 
Industry Role:
Join Date: Jun 2001
Location: In a shack by the beach
Posts: 16,015
You should probably talk to a cpa who is familiar with how different states treat corporations.

You should also remember that S Corp is a pass thru of profit and loss to you personally so the state you live in can greatly change your tax percentage.

For instance Texas and Florida have no state income tax, while Arizona is quite a bit higher than North Carolina, so if you were a resident of Arizona, regardless of where you incorporate they will take a nice chunk of your money.

That's about as much as I'd say, other than talk to an accountant.
Kimmykim is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote