Tag Archives: taxes

When Should You Incorporate or Get an LLC for Your Business?

Starting a business is an exciting endeavor, but it also comes with important decisions, one of which is whether or not to incorporate your business or form a Limited Liability Company (LLC). These legal structures offer various benefits and protections, … Continue reading

Posted in Ask David!, Business | Tagged , , , , , , , , , | Leave a comment

Do You Have to Pay More Taxes and Fees if You Incorporate Your Business in Delaware from California?

If you live in California and incorporate your business in Delaware, you will not have to pay California state income tax on the profits of your business. However, you will still have to pay California state income tax on your … Continue reading

Posted in Ask David!, Business | Tagged , , , , | Leave a comment

Why People Incorporate their Business in Delaware Even Though They Don’t Live There

Delaware is a small state with a population of just over 950,000 people. However, it is home to over 600,000 businesses, making it the most popular state for business incorporation in the United States. There are several reasons why people … Continue reading

Posted in Business | Tagged , , , , , | Leave a comment