Overview
Tax law changes constantly, making it difficult for a small business owner to keep up.
In addition to federal income tax, businesses are subject to various types of state and local taxes, including income, franchise and/or sales taxes. If you have employees, you have payroll taxes--not just payments but information filings to the government and your employees. Many businesses also face specific excise taxes. Even your type of business (sole proprietor, partnership, LLC) affects your taxes.
This page is intended to help small businesses keep up-to-date on some of these tax issues.