Which state should I incorporate in?

Discussion in 'Ask An Owner Operator' started by hsingh28, Apr 6, 2021.

  1. skallagrime

    skallagrime Heavy Load Member

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    Here, let me point out how absurd that is for you

    "China is a great country, if you ignore the governance structure, orwellian surveillance and general lack of civil rights."
     
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  3. God prefers Diesels

    God prefers Diesels Road Train Member

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    It's hilarious that what I'm getting at is still going over your head. Let me explain: we're grown up business owners. We know how taxes work state to state. We know how different state governments can affect that. You don't need to "live in New York, or know someone who does", in order to understand that.
     
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  4. Bean Jr.

    Bean Jr. Road Train Member

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    Kind of gets back to what I said at the beginning. No point in incorporating in a foreign state when you still have to pay the taxes where you do business.
     
  5. Ridgeline

    Ridgeline Road Train Member

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    Well yes it does. But the op only wants to hear his idea is great.
     
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  6. Hulld

    Hulld Road Train Member

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    It was a great state but not much great about it anymore.
    I Have 59 years experience in NY and running businesses here for more than 30 years.
     
  7. hsingh28

    hsingh28 Bobtail Member

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    How would that be considered fraud? It's fraud if I park my trucks in a different state while being incorporated in another, and I don't tell the insurance companies.
     
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  8. hsingh28

    hsingh28 Bobtail Member

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    Well lucky for me, I don't plan on cheating on my taxes. I will operate the business out of NY and obviously file for a foreign entity.
     
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  9. hsingh28

    hsingh28 Bobtail Member

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    Actually, I am interested in hearing all sides to this topic. It's obvious you don't have the experience regarding this topic so don't just assume what I want to hear.
     
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  10. hsingh28

    hsingh28 Bobtail Member

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    Well that is your opinion, based off of your experience. I think there's a lot of potential here but we need everyone to actually work together. Politics ruined the state.
     
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  11. hsingh28

    hsingh28 Bobtail Member

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    The thing is, I spoke to an agent in Indiana, and he said most companies quote on where you garage the trucks ie. where the trucks are parked when not at work.
     
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