Taxation and Your Small Business – 10 Best and Worst States
I have mentioned the National Federation of Independent Business (NFIB) website often. The website (www.nfib.com) recently has published an article about the 10 Best and 10 Worst States for small business with regard to taxation.
If you are planning to start a small business or relocate an existing business, one consideration is the level of taxation of that business (since taxes can certainly impact your bottom line).
According to the NFIB article -The three cities with the BEST “taxation climate” are: Wyoming, South Dakota and Nevada. The three WORST taxation climates exist in: New York, New Jersey and California.
Find more details on the NFIB website; read the entire article “10 Best – And Worst – States for Small Business Taxes” and find out if your state is one of the ten best or worst.
Of course, there are many other variables that enter into where you might locate your small business, but the issue of taxation should certainly be one variable to consider.
Working to Preserve Your Wealth and Protect Your Future in a Constantly Changing World.
This post has been brought to you through the Law Office of Barbara Ann Dalvano. This information is provided for educational purposes only and to generate ideas, provoke thought and facilitate conversation. It is not intended to create an attorney-client relationship. Each person’s situation is different and this information should not and cannot be relied upon as legal, tax, accounting or investment advice. Please read the entire disclaimer for more important information.
visit my website: http://www.attorneybarbaradalvano.weebly.com
At bottom of the page is my column, “How I Can Help You”; my contact information and the entire disclaimer.