Posts Tagged ‘business tax’
New Business? Remember the Taxes
Starting a business can be incredibly rewarding – and a little overwhelming. Even as you make business plans, and marketing strategies; keep in mind, you will need have tax responsibilities and there are steps to take and business tax structure to consider. What will be your business structure? The form of your business determines which…
Read MoreBusiness Tax Rules Changes
Small and Medium Businesses, especially, need to know about changes in Tax rules from the Tax Cuts and Jobs Act (TCJA). New flat 21% tax rate for corporations. The rates before TCJA was enacted were 15%, 25%, 34% and 35%. Personal Service Corporations paid a flat 35% rate. Beginning in 2018, Corporations pay a flat…
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