Since you said "All I want to do is focus on building stuff," you should definitely try to find a local-to-you accountant or tax lawyer to help you work through

Since you said "All I want to do is focus on building stuff," you should definitely try to find a local-to-you accountant or tax lawyer to help you work through the process. Your overall arrangement doesn't sound too convoluted, but you could get a real headache if you don't work through things properly. This said, some theoretical answers to your question (I am not an attorney, and none of this is anything beyond my conjecture): http://www.irs.gov/businesses/small/article/0,,id=98277,00.html http://www.irs.gov/businesses/small/article/0,,id=98277,00.h... http://www.corp.delaware.gov/paytaxes.shtml http://www.corp.delaware.gov/paytaxes.shtml If you search on Bing/Blekko/Google/Wherever for 'CPA ___[your current city]____' you'll find some good resources. Well worth the investment in time.