Worst states to open an LLC

Thinking about starting an LLC? Here are the worst states to open one in 2024:

1️⃣ California: The ultimate headache! With an $800 annual fee, endless forms, and constant tax demands, California makes it tough unless you live there. Avoid if possible.

2️⃣ New York: Another state that loves to complicate things. High fees, challenging registration, and relentless taxation make New York a less-than-ideal choice.

3️⃣ Massachusetts: Often overlooked, but just as troublesome. Nearly $500 in annual fees, plus the state’s tax-loving nature, makes it a tough place to manage an LLC.

💡 Better Alternatives? Consider Wyoming for its ease, cost-effectiveness, and strong asset protection. Want help choosing the right state and setting things up smoothly? DM me, especially if you’re from outside the US. Let’s get your LLC started the smart way!

#taxes #internationaltax #cpa #accountant #taxconsultant #IRS #llc #llcusa #business

Do you want to grow your business and pay no taxes without spending hours and hours learning how everything works on YouTube?
You can schedule a FREE discovery call with our team using the link below.
https://www.jamesbakercpa.com/schedule

We are hosting monthly "Ask Me Anything Sessions". And for a limited time, you can access them free of charge! If you want to expand your business and network and have access to our Telegram and Discord Server, join us here:
https://lt.jamesbakercpa.com/BBHO

**********
Check out JJames'stop recommended videos here. These are cornerstone videos that should answer many of your questions.

-----Longer videos that explain it all!
How to Legally Pay NO US Taxes -    • IRS Secrets: How to LEGALLY to Pay NO U.S....  
How to Legally Pay NO US Taxes (part 2) -    • Are you a Non Resident In The US? Incorpor...  

-----Guides and How tos
Annual reporting for a foreign-owned multiculti-members (Masterguide) -    • Tax Laws for Foreign-Owned Multi-Member LL...  

What is Form W-BEN, and why do I need it    • How to Fill Out W-8BEN Form Correctly - Av...  

Which payments from US Companies are subject to withholding?    • Which US Payments are Subject to Non-Resid...  

How to complete Form W-8BEN -    • 🧾🔍 HOW TO  complete Form W-8BEN-E for a Fo...  

How to complete Form W-8BEN-E -    • How to Complete Form W-8BEN-E in 2020? | P...  

How to get an ITIN -    • Get A ITIN Number - W-7 Form (Step By Step)  

-----And don't forget to check out all of the"" "ALLS WITH JI"""   • Calls with Jim  

**********
Looking for help with your SALES TAXES? Check out a couple of our videos on the topic -

What are sales taxes?    • Do I pay Sales Taxes or Income Taxes?  

What is a resale Certificate , and Why do you Need it -    • What is a Resale Certificate and Why Do Yo...  

How to get a Florida Resale Certificate, Part 1 -    • 📝💼How to get FLORIDA RESALE TAX CERTIFICAT...  

How to get a Florida Resale Certificate, Part 2 -    • Get Your Florida Resale Certificate Now! S...  

How to file a DR-15 Florida Sales and Use Tax with 0 Sales -    • Florida Sales Tax Filing for Beginners  


I get asked what company I recommend to help with sales taxes, and every time I mention Tax Jar. Once set up, the axe the jar can automatically complete all of my monthly sales tax filings. If you want to solve this problem forever, click this link to learn more about what they can do for you. https://taxjar.grsm.io/jamesbaker7628

**********

WEB ➤ https://www.jamesbakercpa.com
YOUTUBE (EN ESPANOL) ➤    / tuempresaenamerica  
FACEBOOK ➤   / jamesbakercpa  
LINKEDIN ➤   / jimbakercpa  
INSTAGRAM ➤   / jamesbakercpa  
TIKTOK ➤   / jamesbakercpa  


¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡¡
Lawyer Disclaimer (Occupational Hazard): This is not legal advice. Everything here is for informational purposes only and not to provide legal advice. You should contact your attorney for advice regarding any particular issue or problem.