I currently reside in California and am planning on establishing my consulting agency. It will just be me and planning to hire independent contractors.
answered on Dec 29, 2019
You should setup an LLC in the state where you operate. Then determine if an S-election is appropriate for your LLC.
If you establish in WY you'll have to file a foreign registration in CA.
Hire a professional.
I am from the UK and looking to setup a US business. I've decided that taxation as a C-Corp is best as I am looking to build capital and retain profits in the company so a pass-through entity is not ideal. I understand that as a C-Corp, things are more formal and decisions require minuted... Read more »
answered on Aug 19, 2019
For tax there is no difference. For state business compliance issues a Corporation has slightly more things that have to be done to maintain the corporate veil. Annual meetings are required where an LLC can waive them you have to set a par value for shares and report the number of shares issued... Read more »
answered on Apr 25, 2019
Depending on the value of the personal property you rented, and the terms of your rental agreement, you may see a collection attempt followed by a lawsuit, or worse.
answered on Jun 1, 2017
If the shop requires it then your only option is to look for another shop.
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