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  2. 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. State and ...

  3. What Is Tax Liability? - AOL

    www.aol.com/finance/tax-liability-160008169.html

    How To Determine Your Tax Liability. As you calculate your taxes and complete your IRS Form 1040 for filing, all the various items that add to your tax liability are collected and documented. Once ...

  4. How to Calculate a Business Owner’s Salary - AOL

    www.aol.com/finance/calculate-business-owner...

    According to the IRS, most corporations and self-employed business owners that will incur over $1,000 in annual tax payments must submit and pay estimated quarterly taxes.

  5. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    The Internal Revenue Service estimated that, in 2001, the tax gap was $345 billion. [124] The tax gap is the difference between the amount of tax legally owed and the amount actually collected by the government. The tax gap in 2006 was estimated to be $450 billion. [125]

  6. Small Business Guide to PEOs vs. Payroll Services

    www.aol.com/finance/small-business-guide-peos-vs...

    PEOs are responsible for tax liabilities and filing, whereas corporate payroll services prepare tax forms, but liability remains with your company. ... Full-service payroll providers calculate, ...

  7. Tax rate - Wikipedia

    en.wikipedia.org/wiki/Tax_rate

    For flat is a single tax rate (same percentage) on the whole taxable amount. A flat tax rate is used because of its simplicity, transparency, neutrality, and stability. Flat tax rates are quite transparent because it makes it easier for taxpayer to estimate their tax liability and for policymakers to estimate how changes would impact tax ...

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