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

Real Madrid Overpowers Manchester City as Kylian Mbappé Shines in Champions League Victory

Bill Murray Headlines 'SNL50' with Hilarious Anchor Ranking on 'Weekend Update'

Tottenham's Tactical Shuffle Against Ipswich: Key Lineup Changes and Injuries

Gregg Popovich's Unexpected Absence Raises Questions for Spurs

Cruz Azul's Streak Broken: A Shocking Defeat by Atlético San Luis in Liga MX