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  2. How to Calculate a Business Owner’s Salary - AOL

    www.aol.com/finance/calculate-business-owner...

    Small business owners in the United States make between $83,000 to $126,000 on average, depending on their industry and location. Keep in mind that many business owners do not take a salary in the ...

  3. Tax Season 2024: 5 Changes That Small Business Owners ... - AOL

    www.aol.com/tax-season-2024-5-changes-150025033.html

    “Yes, 2023 is over, and the tax filing season is already underway, but that doesn’t mean the tax laws can’t shift. Small business owners especially need to be aware of potential big changes ...

  4. 20 valuable small-business tax deductions - AOL

    www.aol.com/finance/20-valuable-small-business...

    Bankrate insight. A marketing business owner travels across the U.S. to meet clients. In 2023, they traveled 5,000 miles in total. They can deduct $3,275 ($0.655 for 2023 standard mileage rate x ...

  5. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    Such tax is generally based on business income of the corporation apportioned to the state plus nonbusiness income only of resident corporations. Most state corporate income taxes are imposed at a flat rate and have a minimum amount of tax. Business taxable income in most states is defined, at least in part, by reference to federal taxable income.

  6. Qualified Small Business Stock - Wikipedia

    en.wikipedia.org/wiki/Qualified_Small_Business_Stock

    Qualified Small Business Stock (QSBS) is a tax incentive to drive the investment and founding of small businesses in the United States of America. [1] The QSBS regulations are under U.S. Code Section 1202 [2] of the Internal Revenue Code (IRC). QSBS is a tax exemption on a federal, and in some cases, a state level. [3]

  7. Texas Tax Code Chapter 313 - Wikipedia

    en.wikipedia.org/wiki/Texas_Tax_Code_Chapter_313

    For the 10 years of the tax benefit period, reduced local school district revenues are substantially replaced with state funds through the state public school finance system. [4] The Texas Tax Code gives the Texas Comptroller's office responsibility and authority to adopt rules necessary for the implementation and administration of the program. [5]

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