Small Business Taxes
From cloud taxes to occupational privilege taxes, there are a wide range of local taxes that cities and counties may expect your business to pay.
Failure to pay local business taxes can result in back taxes being due, coupled with a tedious audit and penalties and interest fees.
As such, it's good to make sure you understand all of the city, township and county taxes that you may be on the hook for.
Local authorities may tax personal property like machinery, equipment, furniture, supplies, leased equipment, and even movable machinery used in a business. Some cities and municipalities also levy income taxes on any business operating within their borders. Your county government or local municipality can provide information about the specific taxes that apply in your area and instructions for registering your business.
Share this article
Additional Resources for Entrepreneurs