The impact of not doing financial and tax planning when setting up a company in the United States

Which US companies must have their accounts audited?

Professional guidance on financial and tax planning

Common professional issues in financial and tax planning

The basic situation in each state is different. For example, California has a basic state tax of $800, which must be paid regardless of whether the company is profitable. Regions without basic state taxes report state and federal taxes based on company’s operating profits.