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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

Filing taxes as a small business owner can be complex, with numerous factors to consider. From tax law revisions to the overwhelming number of forms, understanding your small business tax rate and how to file can be difficult. Your business entity type and preferred filing status will also affect your tax rate.

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Last Week in Payroll: Summertime Tax Tips

ThomsonReuters

Let’s go over a few summertime tax tips for payroll professionals this season: 1) Interns. The TRD recommends that taxpayers use one of the special payment methods even if their tax liability was less than $25,000 per month but use of these payment methods is not required for those taxpayers. per hour starting in 2022, $14.25

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