{"id":3491,"date":"2016-05-04T15:32:23","date_gmt":"2016-05-04T22:32:23","guid":{"rendered":"http:\/\/evergreensmallbusiness.com\/?page_id=3491"},"modified":"2019-07-01T15:13:06","modified_gmt":"2019-07-01T22:13:06","slug":"setting-up-a-new-mexico-s-corporation","status":"publish","type":"page","link":"https:\/\/evergreensmallbusiness.com\/s-corporation-kits-for-all-fifty-states\/setting-up-a-new-mexico-s-corporation\/","title":{"rendered":"Setting up a New Mexico S Corporation"},"content":{"rendered":"

\"new-mexico\"<\/a>We have created a pair of kits the will assist New Mexico small business owners to set up an eligible entity and then make a Subchapter S election with the IRS. Why would someone want to do that? Because operating as an s-corp can save up to 15% on self-employment taxes on the first $120,000 of profits. What’s better than earning profits? Getting to keep a bigger portion of them, of course!<\/p>\n

Our New Mexico S Corporation kit<\/h2>\n

We offer two versions — one uses an LLC as the base entity and the other, the more traditional corporation. If you are sitting there reading this wondering which option is best for you, we would recommend the limited liability company kit. We prefer the LLC because it has more tax flexibility than a corporation, still protects\/separates personal assets, and has fewer filing requirements. If you’re more traditional or have a specific reason, our corporation kit is also available.<\/p>\n

Click this button to purchase the LLC version:<\/p>\n