California, “Has Some Serious Taxes,” Let’s examine our favorite tax code. Living here you may quickly find yourself in a 9.3% tax bracket… that can actually go to 12.3% …. Full Article Here.
Read the full article and view or listen to the VIDEO narration at AccountingPlay.com
https://accountingplay.com/california-small-business-taxes/
Various aspects that combine to create a challenging environment for California small business.
- Tax and compliance
- Very high effective cost of doing business
- Budget for costs of tax and compliance
- Effective tax rate sneakers…
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IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
