More Information About Starting Your Small Business
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Federal Income
Tax |
Different business structures
(sole proprietorship, partnership, corporation, or limited liability
company) have different income tax requirements regarding filing dates,
forms required, and tax rates and calculations. The IRS lists the
various business taxes and forms required for each legal structure:
• Sole
Proprietorships
• Partnerships
• Corporations
• S
Corporations
• LLCs
or LLPs
Federal income tax is a pay-as-you-go tax. Business owners generally &
pay income taxes in quarterly estimated income tax payments. For more
information on estimated income tax payments, refer to IRS
Publication 505, Tax Withholding and Estimated Tax. |
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