• alessandro@lemmy.caOP
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    2 days ago

    (Had to look for AI on this, sorry: I am not an accountant)

    for the US: Yearly franchise tax( California: 800$ min per LLC).

    Annual report fees (50-300$ per state (Delaware 300$ // New York 9$).

    …and also there’s a percentage of the income (if it’s not exactly zero, I guess)

    …then, if you’re not an accountant, and don’t want to mess with taxes, you may want to pay someone (an accountant) that make sure your reports are correct (even if they are 0)