u/BaconBathBomb wrote (the comment Michael replied to):
That $800 CA every year shit is facts. But it’s not in 49 other states….. I thought NY was expensive
u/michaelnovati replied ·
Yeah CA is crazy! $800 just for running a pass-through LLC and you have to file a tax form that can only be filed on paper. If you live in SF you have register with the city for a permit and that costs money. Once you register all these agencies are sending you letters asking you to register for other things, like unemployment insurance department, etc...
Then you have to file a statement of information every two years for an LLC (or every year for a corporation).
If you genuinely commit to all this for a group project, that's a little leg for real, I'm not being sarcastic HAHA