AboutLee Horner Expertise California & Arizona attorney,previously a Director of Rexall Showcase International, an international
e-commerce home based business focusing on natural health remedies and sports nutritionals. I analyze all sorts of home based busineses for clients as well as franchise operations, joint ventures, etc. I can tell you what to look for in a good opportunity and what to stay away from. I don't do homework questions and I'm not looking for a business opportunity. If I can help you assess one or more of them, let me know.
Experience Presently a financial planner specializing in fixed, indexed insurance products (Life and Annuities) and impaired risk cases. Formerly a distributor with Amway for many years and a director of Rexall Showcase International. Do what I did and check the fruit on the tree for yourself.
Education/Credentials Business management degree from the University of New Mexico; Doctorate of Law (JD) degree from
Lincoln Law School, Sacramento, CA. Admitted to practice before the Ninth Circuit, Arizona and California.
Question I am in the process of starting an online business. I currently live in California but I move very often due to my line of work. I would like to start an LLC in the state of Delaware. My question is if my online business is "based" in Delaware but I pay income tax in another state like California will this present challenges for me come tax time? In addition because I would not have to charge sales tax for the products I sale online if im based in DE does that mean that my company will pay more taxes come tax time(I also plan to sell products internationally)? Lastly because DE does not have a sales tax will I still need to get a Sales Tax ID # or something equivalent?
I have searched and read many articles and books but cant seem to find these answers. If you can answer this for me it would be GREATLY APPRECIATED!! Thanks."
Answer I can't give you a simple answer to the sales tax question as it's more a local taxation issue; many people simply start selling goods on the internet and wait & see if the tax people do anything; I don't recommend that but I have heard of that being done. Have you looked at Wyoming as a forum state? We have an LLC there and our annual renewal fees are $35.00 however you must have an in-state resident agent; the company I deal with supplies that for $199 a year. Good luck with your venture. Lee Horner