1). Forming Your LLC in Nevada: Does it really work? By : Stephen L. Nelson, CPA
If you’ve done much web research about setting up a limited liability company, or llc, you’ve seen the advertisements that tout Nevada. The pitch is pretty simple. Because Nevada doesn’t levy an income tax on individuals or corporations, you should form your llc in Nevada. The implied promise is that you’ll save big on state income taxes.
Okay. Don’t get me wrong.
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