I have a Nevada LLC but live in California. I have a mail forwarding address in California so my Nevada resident agent can forward my mail. Can I put this California address on my business card and on my stationery or should I put the address and phone number of my resident agent on the business card/stationery. can you put a California cell phone number on the business card-If you put California address/cell on the business card, does that mean you have to pay the California franchise tax.
Well simply put I live in Colorado and have an Alabama, Nevada, Colorado, and Arizona phone number. I also have a Nevada Corp. and use the Colorado address on the Real Estate business cards. I also use a Alabama address on the Book sales cards and the Nevada Address fot the tattoo shop cards that is in Wyoming! So I don’t know if this all helped or not. I think you are fine to use the Cali. address. Why not start up a Ca. franchise and use it for the write offs?
Yes you can use your Calf address and phone # for everything including your business checking account. The resident agents address is mainly for legal purposes and issues, taxes, etc.
If you use a Ca address as a business address, you have established nexus. CA then considers you as “doing business in” CA. this will require you to register as a foreign entity ($) and subject you to CA business taxes ($$ to $$$).
all that’s if they catch you. Property, banking, title company, 1099’s and other records all get reported by so many businesses to so many places these days, it’s hard to keep a secret.
being in Calif, I know first-hand they are extremely aggressive about collecting taxes. As mcwagner pointed out, the paper trail is almost impossible to avoid and you are not the first Calif resident to set up a NV corp/LLC/ whatever
also cities are in Calif. are very hungry for money as well becuase of the ways taxes are done/distributed. I got dinged by my city for not getting a business licesne within 10 days of establishing the LLC (even though I did not get the paperwork back for 3 mo. form the state).
Can you tell me more about the resident agent? What are my options for the ra? Can’t use a PO box, right? It has to be a street address?
Thanks, Mike
real person at a real address in the state where you are forming. this is in case the state has to serve process papers to the company.
you can find companies that provide this service and forward any papers/mail.
Thanks for the reply. Do you know the implications if you hire a company to do this for a 6 month period or so then let it slip?
well, you won’t receive any official notifications from the state, like notices of taxes due, etc. if they find out, they can invalidate the entity - a valid RA is a requirement.
Yep, unfortunately mcwagner is correct. By the way, it appears that states are getting even more agressive about getting a fair share of tax revenues earned or reported in other jurisdictions. It is a matter of time (IMO - easily by 2010) until local tax return data will be correlated across all states.
Whether this happens or not might depend on the success of this lovely way of getting some more money to mismamange.
...The massive data-crunching exercise, called Clearinghouse, represents a unique collaboration by eight state tax commissioners to find residents and nonresidents who evade taxes by not filing returns or by lying about income earned in other states.
This is from September article about:
... The tax commissioners of Massachusetts, Vermont, Rhode Island, Connecticut, New York, New Jersey, Maryland, and Delaware signed on to the deal at a meeting last week in Burlington, Vt. Pennsylvania's commissioner told the group he also wanted in, and California's has expressed interest."
What this likely means is that they will put this program in place in time for 2006 returns.
Just thought I’d share this info / thoughts.
correct me if i’m wrong, but just having an address in CA doesn’t necessary mean you’re doing biz in CA.
what if all your income comes from out side of CA? So you pay taxes in the state you do biz and then CA takes a cut too? that hardly seems fair.
ok…you are wrong. CA considers a CA address as “doing business in CA”. period.
fair has nothing to do with it. it’s their state and they get to make the rules.
Think of it this way, if I sent mail to ABC, LLC in California wouldn’t it be pretty safe to assume that company has an establish presence or office there? Why else would mail go there?