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The franchise tax is different for each state. You will need to refer to the IRS or local state library to get an idea of what it means for you and your small business.

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12y ago

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Where can I learn more about a franchise tax?

A franchise tax is the tax that is imposed on people who own a franchise like McDonalds. Further information can be found at www.irs.gov/businesses/.


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Will tax software work for a small business?

Tax software will probably work for small businesses in most situations. TurboTax is one software company that provides this type of software for small businesses. Larger businesses may want to hire a professional service.


How much are McDonald's smoothies in America?

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What does it mean for me if my employer uses a 1099 tax form?

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During tax season, small businesses are not exempt from filing taxes. However, with many tax credits and rebates created recently to help small businesses propel in this economy, filing taxes may actually be something to look forward about. With professional tax software, your small business can maximize tax credits and rebates that your business qualifies for, helping your net revenue and making the process much easier than doing by hand or alone.


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When was California Franchise Tax Board created?

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