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Business Taxes
Taxes play an important role in the operation
and profitability of a small
business. In
part, taxes can influence:
- the company's form of incorporation - different types of incorporation are taxed
differently
- choice of products and services - some products
and services are subject to
sales and services
taxes in addition to licensing
requirements
- hiring of workers - the cost and complexity
of payroll taxes may restrict
the number
and type of employees
Consequently, it is important to have a good
understanding of the applicable tax law as
you set up and operate your business.
For more information, select
the topics of
interest to you below:
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