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Tax-Free States? Pay No Income Tax in These 9 Tax-Friendly States!

LyfeAccounting

US taxpayers pay over $1 trillion in state income taxes every year. But what if you could pay $0 in state taxes? You can pay absolutely nothing in state taxes, just by packing up your bags and moving to a tax-free state. What are State Taxes? But wait a minute… how are states funding things without state taxes?

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LLC Costs: How Much Does it Really Cost to Start an LLC in 2021?

LyfeAccounting

Which we get since states like Michigan or Iowa have really low filing and annual fees. And depending on the state, you may also have to pay state franchise taxes. A registered agent is a person or business that will receive legal and other documents on behalf of your business such as tax notices or subpoenas.