Tag: tax rate

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

Marchand’s Overtime Heroics Lift Panthers Over Maple Leafs in Game 3 Thriller

Edmonton Oilers Enter 2025 Stanley Cup Final as Clear Favorites Over Panthers, Betting Markets Show

Nuggets Force Game 7 as Jamal Murray Powers Through Illness to Top Thunder

André Jardine Faces Semifinal Test Ahead of Potential Club América Bench Role in Clausura 2025 Final

Duke Triumphs Over UNC in ACC Semifinals Without Star Player Cooper Flagg