Chose the Right Tax Free State to Locate can Reduce your Taxes Greatly

As a US Nonresident  when you decide where to locate your US business or to live temporarily in the United States, the state you chose to locate your business or live can save you substantial amounts of income taxes. Some states charge taxes up to 13% of your taxable income.  Others have no income taxes. Remember the US state income tax is paid on top of the US Federal taxes which can run up to 33 percent of your taxable income (21 percent for corporations).

The 6 best states to locate to avoid state income taxes include:

• Nevada
• Texas
• Florida
• Washington
• South Dakota
• Wyoming

We can help you chose the best state to in which to locate your business. We can  file for your corporation or LLC in the best tax free state. We are experts in US tax filing requirements for nonresidents and businessmen from other countries who want to locate a business in the USA. Email us at ddnelson@gmail.com to set up a consultation and learn more.

We offer Certified Public Accountant and Attorney services  associated firms  which results in lower fees to you and more efficient service.  Don D. Nelson, Attorney at Law and Kyle Lodder CPA

US Nonresidents- Where to open your US business to Save Taxes

If you are a US nonresident and want to start a business in the USA or establish a subsidiary in the US to operate your business, there are two important decisions you need to make:

1. What type of US entity to use..... a corporation or a Limited Liability Company. The tax consequences of these entities vary substantially and careful consideration of those tax consequences is need to make the right decision. There may also be legal consequences which need consideration.

2. Corporations and LLCs are chartered by one of the US 50 states. Picking the state to organize your LLC or Corporation and for it to operate its business can also have significant US tax consequences. There are 7 states which currently have no corporate income tax. Some states have taxes which can run up to 12 to 13 percent. This tax is in addition to the Federal tax the corporaton will owe the IRS.   The Seven U.S. states currently don't have an income tax are :Alaska, Florida, Nevada, South Dakota, Texas,Washington and Wyoming. 

We can help you form the US entity you need to operate your business and chose the best state operate your business for tax savings. Email us at ddnelson@gmail.com  or call our US phone number at 949-480-1235. Advance planning can save you a lot of taxes.