by Aaron Clarke | Apr 6, 2021 | Taxes, New Reader Favorite
Top 20 Tax Deductions for Small Businesses The IRC (Internal Business Code) is designed to provide any business with tax deductions, regardless if you are a registered business or a sole proprietor. Recently, the Tax Reform Law of 2017 (implemented in 2018), TaxCuts...
by Aaron Clarke | Jan 21, 2021 | New Reader Favorite, Taxes
According to the Small Business Administration, a small business of any type is liable to pay a tax rate of approximately 19.8%. Specifically, on average, a small business with just one owner typically pays a tax rate of under 14% while a business with more than one...