NJ resident with business in NYC confused I looked at a FedEx Ground route today that is based in the Bronx.
The route services Mt. Vernon and Yonkers NY.
I am wondering what my tax liability would be on $100,000 a year income.
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I do not know if it is better to form an S-corp in NY or NJ. (FedEx does not allow LLCs).
I do not know if I would be responsible for NYC taxes since the terminal is in the Bronx.
I do not know if I would be responsible for the MTA tax due to Westchester County.
I do not know if I would be responsible for the Yonkers tax, since some of the stops occur within its limits.
Ultimately I'd like to know which taxes I would be responsible for and add what percentages given a $100,000 annual income.
Thanks in advance |