Declaring VA Domicile
Hi everyone,
First post for me and Taylor. We are going full time in 9 days and working on our Domicile. We currently live in VA and run a wedding photography and film business. The business is registered in VA. We know that we are going to be taxed based on where we do our work (however I can't find a answer from the IRS if shooting a wedding (8-10 hours in VA) or editing a wedding (15-40 hours in whatever state we want to be in) goes into account for "where" most the work is done). Talking with our accountant she said that we of course will have to pay VA corp tax since our business is registered here...but that's besides the point.
My questions are.
1. How do we declare domicile in VA? All the information I am finding is talking about in-state tuition. We are VA residences now, but we will not have a physical address next week. The business has a registered agent for legal docs to be sent to and we are looking at a PO box or Mail Forwarding service.
2. Is the savings (car insurance, health insurance, property tax..etc) by doing domicile in FL worth the hassle of driving there to get it. I don't think we will be taking much advantage of the no state income tax because all of our weddings are in VA this year.
Really having a hard time getting clear cut answers on how to Domicile when you have no physical address.
Thanks for any help.
First post for me and Taylor. We are going full time in 9 days and working on our Domicile. We currently live in VA and run a wedding photography and film business. The business is registered in VA. We know that we are going to be taxed based on where we do our work (however I can't find a answer from the IRS if shooting a wedding (8-10 hours in VA) or editing a wedding (15-40 hours in whatever state we want to be in) goes into account for "where" most the work is done). Talking with our accountant she said that we of course will have to pay VA corp tax since our business is registered here...but that's besides the point.
My questions are.
1. How do we declare domicile in VA? All the information I am finding is talking about in-state tuition. We are VA residences now, but we will not have a physical address next week. The business has a registered agent for legal docs to be sent to and we are looking at a PO box or Mail Forwarding service.
2. Is the savings (car insurance, health insurance, property tax..etc) by doing domicile in FL worth the hassle of driving there to get it. I don't think we will be taking much advantage of the no state income tax because all of our weddings are in VA this year.
Really having a hard time getting clear cut answers on how to Domicile when you have no physical address.
Thanks for any help.
