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ATTENTION:
If you are a Stock Trader
in the Internet Business or an MLMer?
You Must READ THIS!
Dont be misled. It will be dangerous to your financial
health. There are companies that actually tell you, when you live and
control your business from your home state and run your money through
Nevada, somehow magically you do not have to pay state income taxes!
Hopefully you are reading this BEFORE you form a Nevada entity. If so,
please give us a call so you can avoid these common pitfalls. Maximizing
your taxes savings comes into play by doing two things; choosing the
best entity and knowing how to maximize your meals, travel and entertainment
expenses. NCP can show you how to do both. Please avoid these common
shortcuts that are commonly promoted by others.
Here are the facts:
- Many states have severe penalties for the
corporation (California is the worst), Directors and Officers, if
you do not register as a foreign corporation or LLC ($10,000 fine
in Alaska and Indiana).
- If you have Nexus in your home state (regardless
of the amount of substance you have in Nevada) you will have to apportion
a certain amount of the entity income to your home state
in most
cases all of it. Many things, i.e., employees in a state, or where
you lease or own property in a state, creates nexus. This means the
entity will have to register as a foreign entity in that state!
- The entity may even have nexus in other states other
than where you live. This means more registration in other states.
- If you are a stock trader and using a C corporation
and you do not qualify as a trader you will be viewed as a
personal holding corporation This means any undistributed profits
will be taxed at 39.6% in additional to the regular corporate tax
rate. If you do qualify as a trader, you will be viewed as
a person service corporation, which means the corporation will be
taxed at 35% on the first dollar in profits, instead of the 15% bracket
at $50,000 in net profits! This information comes from feed back from
a tax audit defense firm that generates infomation from IRS audits
and stock traders are a hot topic!
Click Here
to Discover the REAL Reason
Why Nevada is the #1 State for:
1. Stock Traders,
2. MLMers, or
3. Internet Businesses
Call now (888)
627-7007 to get
the rest of the facts!
For more information click on the following
links:
Home|Introduction|About NCP|Testimonials
Research|Facts|Why Nevada?|What's New|Services|Company Store|Clients Only|Contact NCP|Top 10|Tour Our Office
Resources|Site Map|Privacy Policy|NCP's Policy
Nvinc.com ( Nevada Corporate Planners, Inc.) is a service company and CANNOT provide you with legal or financial advice.
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You will learn:
Which State to Incorporate In?
Which Entity is Best?
LLC Strategies!
For more information Click here!
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News Update: |
Scott Letourneau, CEO Interviews Michael Gerber, Founder of the
E-Myth!
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News Update: |
NCP appeared
on CNN Headline News - Pat Summerall's Success Stories! |
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