New Jersey

What Are The Disadvantages Of Having An Llc In New Jersey?

More expensive to create than partnership or sole proprietorship. State laws for creating LLCs may not reflect latest federal tax changes. Inability to obtain VC funding. Inability to provide employees with stock options. Is there a downside to an LLC? Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain …

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How Much Money Does New Jersey Give To The Federal Government?

First, New Jersey has a disproportionately high percentage of high-income earners. In fact, New Jersey’s federal tax contribution of $140.2 billion is responsible for 4% of total federal tax revenue. This results in a higher per capita income tax contribution. Which states receive the most federal welfare money? States Most Dependent on the Federal Government …

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