[vmception]

Thats a dumb reason to get frozen. Just in case you needed that perspective.

All your costs are tax deductions, whether you incorporate or not. The incorporation cost is negligible and you can ignore everything about a local/foreign llc registration simply because the consequences are improbable and inconsequential, just make the llc in the best states. If your employer is withholding any taxes, you’ll get so much more of it back because you have so many deductions now.

If you make any revenue its easy to count.

Your standing in society is based on gross revenue, your tax footprint is a fraction of net revenues. Its low key perfect. Net operating losses are the greatest of all time.

In addition, You get massively disproportionate security and anonymity by operating under entities you created. And you can prove product market fit in private and then inherit all the credit for it when it works.

[mapmap]

What are the best states for an LLC?

[bjord]

I believe Delaware is one of the best tax-wise, but unless you're bringing in lots of revenue, the additional hassle of getting a (representative? agent? can't remember the term for the entity that allows you to set up in a different state) might not be worth the additional complication (in comparison to just setting up everything in your home state). As far as I know, that's something you can change later, anyway...I think the most important thing is not getting hung up on the technicalities and just going ahead and getting started.

[vmception]

Wyoming, followed by Delaware, but save Delaware for the C-Corp when you need formalities from outside capital.

Both offer levels of privacy, Wyoming’s aren't codified they just dont care (and will help you), there all you have to do is just have anyone else sign the organization documents. Your registered agent or your lawyer can.