Ronald J. Cappuccio, J.D., LL.M. (Tax)

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Innovative Strategies For Winning Tax Controversies, Business Structuring And Estate Planning

Internet Business Taxation

| Dec 30, 2004 | Uncategorized

QUESTION:I am trying to start up an internet business. I have recently formed an LLC in New Jersey which will own the site and receive all payments. Will I need to qualify to do business in every other state (and other countries presumably) because I may be receiving business from customers all over the world?

REPLY: You may be subject to tax in other states depending upon your type of business and contacts within the state. Even if you do not maintain an office in a site, if you sell enough merchandise in a particular state, that state may try to tax you. Because the states are hungry for revenue, you must anticipate attempts at taxing and auditing your business. You should immediately contact a tax and business attorney to help you establish your business right.Please tak a look at my web site https://www.taxesq.com/

see: http://www.TaxEsq.com

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