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IRS Warning flags. There are also certain things you should not do that registered agent service raise warning flag to IRS and you may get audited. First, do not report too much rental income loss, number of features expenses you'll find to trim your pre-tax purchases. Second, do not over complicate your asset protection structure. Having too many business entities on top of each other, or having domicile headquarters in Las Vegas, NV, tax free state may well be a red flag. Reporting losses for more than the couple of years always raises red flags. The common sense behind it: "if you do not make money why are you still doing business?". Reporting excessive donations, high expenses vs high income can also cause an audit.
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Other states allow lawsuits to pierce the corporate veil and enforce personal liability for your debts and actions for this corporation on its owners and officers but Nevada has a person of the strongest corporate veils anywhere. Nevada law clearly makes those things of a corporation's representatives exempt from personal responsibility except in cases of outright fraud or perhaps then should be prove intent to defraud which is very difficult attempt.