Tax rate reductions for small businesses set to expire by end of 2025
The 2017 provision cut taxes for larger companies, known as C Corporations, from 35 % to 21%. Smaller companies that file as a pass-through business also saw a reduction, but from 39% to about 28%.
Publié : il y a 2 mois par CBS Chicago dans Business General
Tax rate reductions for small businesses set to expire by end of 2025 The 2017 provision cut taxes for larger companies, known as C Corporations, from 35 % to 21%. Smaller companies that file as a pass-through business also saw a reduction, but from 39% to about 28%.