alt Hacker NewsYeah, Claude told me what a great idea converting my LLC to an S Corp would be and how much I would save in taxes. When I asked my accountant about he told me it would actually cost me more, because of NYC taxes S Corps.
I didn’t tell Claude I lived NYC, because it didn’t occur to me that it was relevant. I find tax stuff is full stuff like this (often more subtle than where you live).
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foxtrot8672 • today at 2:24 AM
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This is exactly what I found when I was trying to get advice for some business decisions. My friends with businesses all live in different states/jurisdictions, and the biggest takeaway has been that any tax-affecting advice is useless unless it is tailored all the way down to your city.