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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%.

Tax rate reductions for small businesses set to expire by end of 2025

Opublikowany : 2 miesiące temu za pomocą CBS Chicago w 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%.

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