This is what happened to my first company. We were incorporated in Delaware but resided in California, so we were hit with a double tax bill and had to pay retr

This is what happened to my first company. We were incorporated in Delaware but resided in California, so we were hit with a double tax bill and had to pay retroactively. For our current company, we decided to just incorporate in California and everything has been much easier. I'd advise anyone looking to incorporate Delaware, while based in California, to make sure it makes sense for their company.