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How Much Is a Tax Consultant?

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Tax advisors may specialize in tax law, wealth management, and tax mitigation strategies. While an accountant may have some tax training, their understanding is typically more basic unless they specialize in tax accounting. An accountant’s regular duties vary based on their industry.

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

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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. For example, LLCs that opt for the IRS to tax them as corporations are subject to corporate tax rates.