I always get questions from folks wanting to know if they should set up a Nevada LLC or corporation because they’ve seen one on the internet or been to some seminar where they were told that they should form a Nevada company to avoid paying state income tax. Um…how shall I say this? That’s a [...]
Tag Archives | taxes
Nevada Nonsense: The TRUTH about Nevada LLCs
By Traci on June 29, 2011 in Asset Protection, Business Planning, Corporate Governance, Entrepreneurship, Launching, Limited Liability Company, Small Business, Small Business Law, Taxes
Taxes and Patriotism
I once got into a philosophical conversation about taxes and patriotism. Here’s my take: tax evasion is illegal…don’t do it! BUT, tax avoidance is altogether different, and I fully support doing everything legally possible to reduce tax liability. Apparently, some people think that’s unpatriotic. Well, I ain’t one of them. (Yes mom, I know “ain’t” is not [...]
Why Pay More Taxes?
Given that tax season is upon us, I hope that each of you took affirmative steps to minimize your tax liability in 2007. There are a few things left you can still do in 2008 to lower your tax bill before the April filing deadline, and I encourage you to meet with your accountant early [...]
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Traci: Hi Fran, so do I. I've spent a lot of time think...
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