Tag: business finance

What is the tax rate for small businesses?
Jul, 22 2023 Benjamin Calderwood

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.

More

Recent-posts

Neymar's Return to Santos: Al Hilal Contract Termination Fuels Speculation

Seth Rollins Stuns SummerSlam 2025: Cashes In on CM Punk After Emotional World Title Win

Tulsi Gabbard Takes Helm as Director of National Intelligence Amidst Controversy

Monster Storm Wreaks Havoc with Wind, Wildfires, and Tornadoes Across U.S.

Pat McAfee's Wife Opens Up About Miscarriage and Family Hardships Amid Public Scrutiny