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SVTPerformance's Chain of Restaurants
Road Side Pub
LLC/S-Corp out of state
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<blockquote data-quote="sleek98" data-source="post: 16425765" data-attributes="member: 144145"><p>Mainly you don’t have nexus in Florida so no reason to register there. </p><p></p><p>Even if you have a virtual office your still paying state income tax to where you are a resident of, plus depending on what your selling and how much you sell you might end up with sale tax issues in multiple states, but that’s an issue with any form of entity that you create. </p><p></p><p>I’m not a fan of s-corps unless they are required to get contracts that require a corporation. They box you in too much compared to a single member LLC, your requires to issue w-2s to the owners etc etc etc</p><p></p><p>there are other items but I’m on my phone and don’t want to go into it all.</p></blockquote><p></p>
[QUOTE="sleek98, post: 16425765, member: 144145"] Mainly you don’t have nexus in Florida so no reason to register there. Even if you have a virtual office your still paying state income tax to where you are a resident of, plus depending on what your selling and how much you sell you might end up with sale tax issues in multiple states, but that’s an issue with any form of entity that you create. I’m not a fan of s-corps unless they are required to get contracts that require a corporation. They box you in too much compared to a single member LLC, your requires to issue w-2s to the owners etc etc etc there are other items but I’m on my phone and don’t want to go into it all. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
LLC/S-Corp out of state
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