Town Websites wrote: > ** Be sure to fill out the survey/skills inventory in the member's area. > ** If you did, we all thank you. > > > A simple way to boost micro-business for the state of MA - cut the LLC fee > to say $100 for corporations with earnings less than $25,000. Or apply the > fee as $100 plus 1% of earnings capped at the current fee of $500, with the > fee reduction claimed through your state income tax form. > > The fee structure was put in place when forms were done on paper. They're > not on paper any more, thus the state can reduce the high barrier to entry > for small business entities by reducing the cost per entity, encouraging > many more small business entities to incorporate. Try doing it in New York. More than 20 years ago I had a company set up. I don't recall the technical details now. Hoogendyk Software Development, Inc. I still have the seal. In 1989 I liquidated everything I was doing (Coherent Graphics, Inc. was where all the action was, with around $200K in equipment and with actual employees), moved to Massachusetts, and found a traditional job. My partner in Coherent Graphics kept that name & company for possible use. Hoogendyk Software had never done anything. Zip. Zero. Sometime around the mid to late 1990's, I got a notice from the State of New York. They had seriously raised the base cost per year of maintaining a corporation. They wanted back payments or they would erase the corporation (or whatever their terminology was). I don't remember now how much it was, but it may have been up towards $1000 per year. I sent them a simple letter saying "please do so." I never heard back from them. I couldn't believe that they could charge that much for a company that had never done anything, never bought anything, never earned anything. It was just a piece of paper that had been obtained at the same time as Coherent Graphics. I think originally the Coherent Graphics book keeper paid the fees for both. There were many other aspects of trying to run a business in New York that were a real education. The proverbial jungle. -- --------------- Chris Hoogendyk - O__ ---- Systems Administrator c/ /'_ --- Biology & Geology Departments (*) \(*) -- 140 Morrill Science Center ~~~~~~~~~~ - University of Massachusetts, Amherst <hoogendyk at bio.umass.edu> --------------- Erdös 4