State Income Taxes: In addition to sales tax, sellers may also have state income tax obligations. If your business is structured as a corporation or LLC, you may be subject to state income taxes based on the income generated from sales in each state where you have nexus.
The United States has several states that do not impose a state-level income tax. Florida, Texas, Wyoming, Alaska, Nevada, South Dakota, Washington, Tennessee. That’s why these states are recommended to get benefit and form a company.

Federal income tax is a tax imposed by the United States federal government on the income earned by individuals, businesses, and other entities. The most common form for individual taxpayers is Form 1040. Here are some key points to understand about federal income tax:
When it comes to tax filing for a single-member disregarded entity (LLC). A single-member disregarded entity refers to a business entity that is owned by a single individual. Common examples include a single-member limited liability company (LLC) or a sole proprietorship. As a single-member disregarded entity, you will report your business income and expenses on your personal tax return using Schedule C, Profit or Loss from Business. The net profit or loss from your business will flow through to your individual tax return.

Tax Guideline for LLC Owners: Even if an LLC in the US has not conducted any business or was recently formed, it is still required to file certain tax returns. Here’s an overview of the three types of returns:

Federal Income Tax Return: Regardless of whether the LLC has generated any income or not, if the LLC was formed and obtained an Employer Identification Number (EIN) in a given tax year, it is required to file a federal income tax return annually. If the LLC did not have any business activity or income during that year, it would file a “nil return” to indicate zero income. Failing to file a required federal income tax return can result in penalties or fines from the IRS.

Sales Tax Returns: If an LLC has obtained a sales tax permit from the state, it is responsible for collecting and remitting sales tax on applicable sales transactions. Even if Amazon’s market facilitator program collects and submits sales tax on behalf of the LLC, the LLC is still required to file sales tax returns with the state. Sales tax returns are typically filed on a quarterly basis, reporting the taxable sales and remitting the appropriate sales tax amount. Failure to file sales tax returns or remit sales tax on time may result in fines or penalties imposed by the state.

Franchise Tax Filing: The Franchise Tax Report is an annual filing requirement for businesses in Texas subject to the Texas franchise tax. Here’s an overview of the Franchise Tax Report:
Purpose: The Franchise Tax Report provides the Texas Comptroller of Public Accounts with information about a business entity’s activities, revenue, and tax liability for the taxable year.
Filing Entities: Most business entities operating in Texas, including corporations, LLCs, partnerships, professional associations, and other legal entities, are required to file the Franchise Tax Report.

Tax Deadline/ Due Date:
The federal income tax deadline in the United States is typically on April 15th of each year. However, the deadline may be extended to the next business day if April 15th falls on a weekend or holiday.
In some cases, taxpayers may be eligible for an extension of the federal income tax deadline.
Sales tax returns are typically filed on a quarterly basis. The due dates for sales tax returns also vary by state and filing frequency. Some states have set due dates such as :
Florida payment Quarterly for Q1 is April 19, Q2 July 19, Q3 October 19, Q4 January 19.
Texas applicable taxes, quarterly reports are due for Q1 is April 20, Q2 July 20, Q3 October 20, Q4 January 20.
Wyoming sales and use tax, quarterly filing are due on for Q1 is April 20, Q2 July 20, Q3 October 20, Q4 January 20.

It’s important for LLC owners to be aware of their tax obligations and comply with the filing requirements, even if they have not conducted any business or generated income. It’s recommended to consult with a tax professional or refer to the specific state and federal tax agencies for accurate and up-to-date information regarding tax filing obligations and deadlines.