Main Street Business cover image

360: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions

Main Street Business

00:00

How Do I Pay New Mexico State Income Tax?

A.J.'s tax advice: Don't run your gun shop in texas, or he's going to get sucked into new mexico. If you own a gunshot right there, that tells me you're very, you know, that's the word "a" A doctor who has an escort needs to register his company with New Mexico and pay state income tax on profits from it. The s corporation is frinkig awsam, and you can save so much on self employment Tax. But all of us profits are basically generated in NEW MEXICO.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app