Hmm I just spoke to a NP CPA today and she said that the steps are:
Apply for a “Corporation” status with the state corporation commission.
Wait 3 weeks and then apply for a NP status.
Wait 120 days while they decide. (If it was MVD, it would be 300 days)
Possibly wait another 120 days till they decide. (MVD 1000 days)
After they decide YES (possibly), begin operating as a NP
You’re a probationary NP for 5 years and then they look at your rep and your books and decide if you actually qualify and if you do, then there you go.
She also said:
It costs just under $5000 for the lawyer and CPA to get you started and then about $1200 a year for CPA stuff. She said that if it costs more, keep shopping.
Your time frame may differ, of course.
Steve Wargo
Tempe, Arizona
It’s a dry heat!
Sony HDCAM F-900 & HDW-2000/1 deck
5 Final Cut (not quite PRO) systems
Sony HVR-M25 HDV deck
2-Sony EX-1 HD .