New S Corp Question - Pls Help Hi -
I am in the process of forming an S corp for my recruiting business.
I am a US citizen currently living outsing the US.I am considering setting up an LLC in Florida and electing S corp status. I was advised to use Florida since there is no personal income tax.
However, I would like to have any mail and a bank account set up in NY since that is where my brother lives and he can help monitor these matters.
Does the fact that I will have mail sent to a NY address and a bank account in NY create any real risk that there will be NY tax - both on S corp and on me personally?
Thank you. |