Below you’ll find answers to some of the common queries we receive about our practice. If you have additional questions or need further clarification, please don’t hesitate to reach out to our friendly team. Contact us today to schedule an appointment or get personalized assistance.
Am I free to incorporate my business in any state or does it have to be the state I live in?
Yes, you can incorporate your business in the state of your choosing. Many people want asset protection and tax savings, so they choose to incorporate in Nevada, Wyoming, or Delaware.
Is my business responsible to pay quarterly tax payments?
Yes, in most circumstances you are required to pay the taxes for your business quarterly to the IRS. Many people think taxes are due the following year, but in many cases but taxes are due quarterly.
As a business owner do I have to own stock or membership certificates for my LLC?
No, as a business owner you can either have the stock or membership certificates issued in your personal name, issued to another business entity, asset protection trust or living trust.