Montana LLC
Can someone who has set up a Montana LLC recommend a law firm that they would recommend? Thanks.
Forum Discussion
Well, DANG! I did not know I was one of the "wealthy".
I take the home mortgage deduction every year.
I deduct the interest paid on the motorhome loan.
I deduct the value of the items I donate to various charities here in town.
I deduct the amounts I donate to NPR, PBS, and others.
I do NOT deduct medical expenses, there is never enough.
I do NOT deduct work expenses, there is never enough.
I file the State return in the most advantageous manner, to maximize the refund.
I file the Federal return, using every possible deduction and loophole I can legally take, to minimize the amount I have to pay.
I am seriously considering filing for a refund for the gas taxes I pay for off-highway fuel. OK, it is only about 30 gallons per year. At about 46 cents a gallon, that is surely enough for beer and pretzels!
Wealthy? No, just solidly middle class.
When we lived in Wyoming, we did a LOT of shopping here in Billings to save the sales taxes. It was only 140 miles one way, no big deal. No, I did not stop at the Port Of Entry in Franny and pay the tax on our purchases (besides, it was usually closed when we went home)!!
If one can reduce their tax burden LEGALLY, IMO it is foolish to not do it!
EDIT: It is NOT illegal in any state to own a Limited Liability Company. Not even in California.
Again:
KNOW the laws in YOUR state.
COMPLY with the laws.
DOCUMENT your compliance.
If you do those things, you can NOT get in trouble!
I take the home mortgage deduction every year.
I deduct the interest paid on the motorhome loan.
I deduct the value of the items I donate to various charities here in town.
I deduct the amounts I donate to NPR, PBS, and others.
I do NOT deduct medical expenses, there is never enough.
I do NOT deduct work expenses, there is never enough.
I file the State return in the most advantageous manner, to maximize the refund.
I file the Federal return, using every possible deduction and loophole I can legally take, to minimize the amount I have to pay.
I am seriously considering filing for a refund for the gas taxes I pay for off-highway fuel. OK, it is only about 30 gallons per year. At about 46 cents a gallon, that is surely enough for beer and pretzels!
Wealthy? No, just solidly middle class.
When we lived in Wyoming, we did a LOT of shopping here in Billings to save the sales taxes. It was only 140 miles one way, no big deal. No, I did not stop at the Port Of Entry in Franny and pay the tax on our purchases (besides, it was usually closed when we went home)!!
If one can reduce their tax burden LEGALLY, IMO it is foolish to not do it!
EDIT: It is NOT illegal in any state to own a Limited Liability Company. Not even in California.
Again:
KNOW the laws in YOUR state.
COMPLY with the laws.
DOCUMENT your compliance.
If you do those things, you can NOT get in trouble!
