Category: Business & Finance
What is the tax rate for small businesses?
In the complex world of taxes, it's crucial to understand the rates that apply to small businesses. Generally, the tax rate for small businesses in the U.S. can range from 10% to 35%, depending on the company's taxable income. However, it's important to note that these rates may vary by state and the business structure (like LLC, corporation, etc.). Additionally, small businesses may be eligible for certain deductions and credits, which can reduce their tax liability. So, it's always a good idea to consult with a tax professional to ensure you're in the know and compliant.
Recent-posts
Senate Democrats Stand Firm Against House GOP's Spending Proposal
Shohei Ohtani Slugs 2 Homers and Hits 250th Career Blast as Dodgers Dominate Giants 11-5
UNC names Gio Lopez starting QB: Why Bill Belichick chose the transfer over veteran Max Johnson
Andy Pycroft Welcomed in Ahmedabad as India‑West Indies Test Kicks Off
