I am creating a SAS business to sell 1) Data downloads 2) Access to the subscriber section to present data analysis. I live in GA.
I would like to have zero (or minimal) ongoing paperwork burden. So prefer no state taxes (not because I don't want to pay but to avoid going to an accountant etc). My understanding is that (correct me if I am wrong) I can take all the (LLC income – expenses) as my own income to show on fed taxes.
- What is the best state to incorporate (Nevada, Wyoming, DE, GA)
Would I pay any state taxes in GA, if I incorporate in NV or WY or DE(Got the answer for this – Thank you)
- Since there is no business income tax in NV and WY I am hoping for less paperwork.