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I have some questions regarding creating a business entity, Should I just create a privately held business with an employee tax number or incorporate in CA where I live, Deleware, or Navada. The purpose is mainly to to provide a payrol for myself that would meet requirements to qualify for a refince of my mortgage
Optional Information: Country/State/Province of question: usa, california Already Tried: phone calls mostly getting voicemail and leaving messages
You are talking about an awful lot of expense, not just from doing business as a corporation, but from running a payroll, paying all the payroll taxes, etc. Further, most banks & finance companies look at closely held businesses as self-employment anyway.
What type of business are you talking about?
I've got a search ingine local directory business. Just relaunching it. And am wondering if incorporating could position me independently from it
My thought is possible creating a Nevada Corp
Does that provide some anonymity
Experience: Extensive Experience with Tax, Financial & Estate Issues