According to the Secretary of State’s office, there are 77,320 New Hampshire-based limited liability companies registered in the state and another 19,917 that are based out-of-state but registered to do business here. These are not some rare, exotic business entities. With nearly 100,000 of them in the state, that’s a lot of businesses to suddenly hit with a major tax hike.
And today he follows up with even more details about LLC's in New Hampshire:
Of the nearly 100,000 Limited Liability Companies registered in the state, only a fraction have employees. There are only 35,000 firms total in the state that employ at least one person. Some of the remaining LLCs might draw income but not have any official employees, according to the state’s Employment and Labor Market Information Bureau. They might exist to own rental property, for example. Most are probably simply registered but not functioning businesses.
Great information. Now if we can just get the UL to permalink his posts.
No comments:
Post a Comment