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Andrew Schwartz CPA
Jan 15, 2008 - 6:22AM
Re: inc Nevada

My understanding is that the benefit of incorporating in Nevada is that they have very corporate-friendly laws, and provide more privacy for the owners of corporations than most other states.

Even if you incorporate in Nevada, however, you'll most likely still need to pay taxes in NM if that is where you live and/or where you work.

I wrote an article on the costs and benefits of moonlighters who incorporate, which you can read at http://www.mdtaxes.com/news0705.html.

Good luck with this decision.

Zip Code: 01801

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