Top 4 States to Form an LLC in USA 2024 | What State Should Setup LLC US Citizens & Non US Citizens! [Video]

In this video, I showed Best 4 States to Form an LLC in USA in 2024. And also you can Learn more about small business tax deductions using this LLC.

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-Prior to the LLC, the only way to protect your personal assets as a business owner was to form a corporation. But corporations require more formalities and paperwork and must contend with “double taxation,” in which profits are taxed at the business level and again when they’re distributed to ‌shareholders. LLCs by default have “pass-through taxation,” in which profits avoid being taxed at the business level and are only taxed at the level of the individual LLC owners, who are called “members.”

-Best States to Form an LLC
You may have heard how some states are much more attractive than others to businesses. For example, Delaware has attracted more than half of all Fortune 500 companies. But most of those are large corporations, and things like low corporate tax rates won’t apply to most LLCs (unless they choose to be taxed as a C corporation).

We explained in this video the pros and cons of starting an LLC in your home state versus another state, and which states may benefit your business the most.

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If you wanna share anything with us about this video or wanna ask any questions, make sure to comment below and we will get back to you as soon as we can.

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►How to Set Up a Virtual Business Address in California: https://youtu.be/1G9z1ZcceLA

►How To File Articles of Organization for LLC In 2024:https://youtu.be/bLUKUIdKpZI

►Do You Need A Business Bank Account for Small Business:https://youtu.be/rsdbt-XY3zo

►Cheapest Business Ideas to Start Under $500:https://youtu.be/0lZnbBiTRxo

►What is the difference between a Non-Profit vs. LLC: https://youtu.be/_y1OKFiHgjE

►Watch Again: https://youtu.be/0ETwYhvWThk

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Thanks for watching this video. Stay tuned for more upcoming business related videos like this.

▶️AFFILIATE DISCLOSURE: This video and description may contain affiliate links, which means that if you click on one of the product links, I’ll receive a commission. This helps support the channel and allows me to continue to make videos like this. I will never support or push a product I don’t believe in. Thank you for your support!

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