2007-09-27 10:54:40 · 4 answers · asked by P 1 in Business & Finance ➔ Taxes ➔ United States
Depends on how the business is incorporated, what state they are doing business and most importantly what is the net income level.
Too many variables to give a concise answer
2007-09-27 10:59:11 · answer #1 · answered by libaki 4 · 1⤊ 0⤋
Depends on total income and write offs for the feds .
Each of the 50 states is different and local is even more varied .
You will need to narrow it down , A LOT .
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2007-09-27 11:00:28 · answer #2 · answered by kate 7 · 0⤊ 0⤋
It will also depend on the business structure. Is it a sole owner, a partnership, a corporation or a sub chapter S corp? The tax rates will vary.
2007-09-27 11:02:37 · answer #3 · answered by WJVV 4 · 0⤊ 0⤋
It will vary by your location. The fed rates will be the same but local and state will vary from location to location.
2007-09-27 10:59:00 · answer #4 · answered by amysgetaways 3 · 0⤊ 0⤋