Comment
Comment by curtisz
That California business AMT ("franchise tax" of $800 a year, even if your business earns $0, or negative dollars, even if your business is a nonprofit) is a small business assassination program. I moved to California unaware of it, and was unable to migrate my non-profit to help fellow combat veterans with civilian reintegration, because the AMT was around my operating budget for the year. That's not a lot, but I can tell you that combat veterans have come to me asking for help, and I am unable to provide assistance except from my own pocket. California is infuriating.