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Kris, As a fellow New Yorker, I completely understand your pain when it comes down to the high taxation here. But, in the end of the day, you can’t escape...
...produced by the company in the US. If you are producing such income you would be liable to pay income tax, regardless of whether you have any physical presence in...
...said, your disadvantage could well be temporary – it seems like even if your competitors do not have nexus and even if these competitors would not be collecting sales tax...
...believe by itself it’s strong enough nexus to require your company to collect/remit sales tax. Keep in mind however that since you are using FBA you might be required to...
...hold the property. Now to the point of owning more than one property by one LLC: in the world of real estate investment it is a common practice to hold...
Dear Goo, To answer your question its important to understand the nature of your business. Technically, if your business has physical presence in another state you should register it there...
Allen, This is a question that cannot be definitively answered without the review of the particular facts by an attorney. Generally speaking, in New York a company is subject to...
Dear Victoria, Curiously, both solutions are completely legitimate, although I don’t understand why New York authorities offered you the solution they offered. In the end, whether you follow the NY...
Dear Laura, I’m not sure I completely understand the question, but from your description and current law changes in Texas that you mentioned it seems like registering your company in...
...a question dealing with nexus to better understand the difference. Not every state where you establish nexus necessarily requires you to register with SoS (this is also called “foreign qualification“),...
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