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2. 20 valuable small-business tax deductions - AOL

   www.aol.com/finance/20-valuable-small-business...

   Bankrate insight. A marketing business owner travels across the U.S. to meet clients. In 2023, they traveled 5,000 miles in total. They can deduct $3,275 ($0.655 for 2023 standard mileage rate x ...

3. Corporate tax in the United States - Wikipedia

   en.wikipedia.org/wiki/Corporate_tax_in_the...

   Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017.

4. Limited liability company - Wikipedia

   en.wikipedia.org/wiki/Limited_liability_company

   t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [ 1] An LLC is not a corporation under the laws of every state; it is a legal form ...

5. S corporation - Wikipedia

   en.wikipedia.org/wiki/S_corporation

   t. e. An S corporation (or S Corp), for United States federal income tax, is a closely held corporation (or, in some cases, a limited liability company (LLC) or a partnership) that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code. [ 1] In general, S corporations do not pay any income taxes.

6. A Guide to Small Business Tax Deductions - AOL

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   Small business tax deductions reduce your taxable profits and, therefore, business taxes. From home office expenses to advertising bills, here are … Continue reading ->The post A Guide to Small ...

7. 5 Unexpected Tax Deductions Every Small Business Owner ... - AOL

   www.aol.com/finance/5-unexpected-tax-deductions...

   Here are five unexpected tax deductions every small business owner should keep in mind before filing. 1. Gym Memberships. Generally, gym memberships are not tax deductible. However, there are ...