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Which State Has the Best Taxes for Small Businesses?
shared by jmcneely109 on Apr 17, 2017 in
Business
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One of the most pivotal decisions that a small business owner makes is where they will be establishing their business. In the United States, different states have different tax laws. You could be payi...
ng 5% of your personal income in one state or 10% in a neighboring state. The Small Business and Entrepreneurship (SBE) Council publishes a ranking system that they call the Small Business Tax Index (BTI). The BTI gives business owners and prospective business owners an idea of how conducive a state's tax system is to maintaining a healthy business. This infographic looks at that index, as well as personal tax rates, to show you which states have the best taxes for small businesses! Take a look - some of the best and worst might surprise you!
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