Small Business Tax
The small business tax is quite different than the corporate tax. In most states, the effective small business tax rate is at somewhere between %15 and %20. However, this depends on what kind of entity the ”small business” is. Find tax rates for all small businesses.
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Kansas Business Taxes Guide
Kansas imposes a variety of taxes on businesses operating within the state, including income taxes, sales and use taxes, and…
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Missouri LLC Taxes Guide
Forming a Limited Liability Company (LLC) in Missouri offers several benefits, including liability protection, flexible management structures, and favorable tax…
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Tax Planning For Startups – Tips For New Small Business Owners
As a new small business owner, you will likely have a lot of expenses associated with starting up your company.…
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Florida Business Taxes
Florida business taxes are critical to any small business’s financial planning. The type of tax you owe depends on your…
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MySBA Loan Portal – SBA’s New Online Portal For Loans
The MySBA Loan Portal is a new website that helps you track the status of your SBA loan. It also…
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What Happens If I Fail to Pay My Taxes?
If you owe taxes and fail to pay them, the IRS will try to collect them. It will levy penalties…
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Qualified Small Business Stock (QSBS)
Investing in small businesses can be risky, but the potential for high returns makes it an attractive option for many…
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Form 2553 PDF
Changing the classification of a corporation from S-corporation to C-corporation reduces a corporation’s tax liability by transforming it into a…
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What is IRS Form 2553?
The IRS Form 2553 is the form that allows small businesses to register themselves as S corporations to save on small business…
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How to pay small business taxes?
Federal income taxes for both businesses and individuals are pay-as-you-go tax. There are two ways to pay taxes as you…
