Perhaps. In New Hampshire (NH) there is a Business Profits Tax (BPT) that may be required.
- Who pays BPT? Any business organization, organized for gain or profit carrying on business activity within the State is subject to this tax. However, organizations with $50,000 or less of gross business income from all their activities are not required to file a return. For taxable periods ending on or after December 31, 2022, this filing threshold is increased to $92,000
If this is a Single Member Limited Liability Company (SMLLC) there are FAQs that will assist you. The rules for the BPT would apply to determine filing requirement if applicable.
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