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Corporate Tax Filing Deadline 2021 and Year-end Tax Planning Tips

FusionCPA

While the amount collected for corporate income tax pales when compared to individual income tax or payroll tax, it still accounts for 1.1 US corporations are taxed at a rate of 21 percent by the United States government. In 2019, corporate income tax brought in $230.2 This is about 6.6

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How Biden’s Proposed Tax Bill Will Affect Small Businesses

SingleTrackAccounting

According to the Tax Policy Center, the tax hikes would generate $2.4 trillion dollars between 2021 and 2030. We have been getting questions lately on how the new tax bill will affect small businesses. Corporate Tax Rate. The proposed corporate tax rate would see an increase from 21% to 28%.

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