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Old 01-19-2009, 11:43 PM
 
9 posts, read 16,911 times
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Iím looking to move my business down to the DVM (DC, Maryland, Virginia) area and need to decide on which state is best for small businesses with the best or lowest business tax laws. Can anyone help or provide any input on this subject?

Thanks
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Old 01-21-2009, 12:15 AM
 
515 posts, read 1,059,644 times
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Maryland = tax and regulation hell. We fled the place for Virginia more than a decade ago.

The DC government resembles that of a third world country so it is difficult to compare to VA or MD. Taxes were high last time I looked.
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Old 01-25-2009, 08:00 PM
 
Location: Burke, VA
269 posts, read 660,400 times
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I have read before, that Virginia tends to be more favorable for small business owners, and I do believe the taxes are less.
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Old 02-03-2009, 04:50 AM
 
9 posts, read 16,911 times
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It's official that Virginia is better than MD for business since CNN Money rated it in the top 10 states for small business..

10 Best states for starting a business - 9. Virginia (9) - FORTUNE Small Business

9. Virginia
"Virginia is a terrific state to do business," says Karen Kerrigan of the SBE Council. "The state's geographical proximity to the federal government, its highly educated and high-income households, and its great policy climate play major roles in this." But one major challenge for Virginia, Kerrigan points out, is transportation infrastructure, which will have to be developed to keep pace with the state's growth. This is particularly true of suburban Northern Virginia, where numerous tech companies are based.
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Old 09-15-2010, 09:07 AM
 
Location: Rockville, MD
1 posts, read 2,193 times
Reputation: 10
Princem3,
As a tax professional I can tell you that it is impossible to answer your question without knowing more about your business.
Virginia sale taxes are lower , so you would be saving there, however if your business provides services or logistic advice, this would be irrelevant.
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Last edited by Tone509; 09-15-2010 at 10:17 AM.. Reason: advertising is not allowed per the Terms of Service
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