Investor Visa USA: 2025 Guide with Types, Requirements, and Benefits
Learn how the investor visa works in the U.S., available types, and which one fits your goals. Ready to invest legally? Prodezk shows you how.
Running a business in the United States means fulfilling various tax obligations, which differ depending on your business type and the state where you operate. Are you worried about missing important deadlines or falling behind on your taxes? Don’t worry!
This guide provides a clear and concise overview of the taxes you need to pay as a business owner, how they work, and why staying compliant is crucial for your business’s success.
In the U.S., businesses are subject to different types of taxes: federal, state, and local. Here are the most important ones:
Federal income tax applies to the profits earned by your business. The tax rates depend on the business structure:
Tax Tip: Deduct allowable business expenses, such as operational costs, to lower your taxable income and reduce your federal income tax liability. We invite you to calculate your company's tax payment here.
Sales tax is a consumption tax applied to the sale of goods and services. This tax is collected at the point of sale and remitted to the state or local government.
Example: In California, the base state sales tax rate is 7.25%, but local taxes can raise the total rate to over 10% in some areas.
Key Compliance Tip: Register for a sales tax permit in every state where your business has a nexus (physical presence or significant activity).
If your business has employees, payroll taxes are mandatory. These include:
If your business hires foreign individuals in the U.S., you must consider income withholding taxes. This tax applies to payments made to employees and contractors, ensuring compliance with federal tax laws. Rates and rules vary depending on the work relationship and tax treaties between the U.S. and the individual’s country.
For example, businesses often need to withhold a percentage of income from wages, interest, dividends, royalties, or rents paid to non-residents. Proper calculations are essential to avoid penalties and ensure IRS compliance.
Note: Employers contribute 50% of Social Security (12.4%) and Medicare (2.9%). State taxes may also apply depending on the situation. Contact us for help calculating and understanding the taxes your business owes in the U.S.
Is a fee charged by some states for the privilege of operating within their jurisdiction. Unlike income tax, franchise tax applies regardless of profitability.
Tip: Consult a tax professional to understand how franchise taxes impact your business structure.
If your business owns real estate or personal property (e.g., equipment), you may owe property taxes. Rates and rules vary by location.
Apply to specific goods and activities, such as fuel, alcohol, tobacco, and certain environmental products. Businesses in these industries must comply with federal and state excise tax regulations.
In addition to federal taxes, U.S. businesses must comply with state and local tax obligations. Examples include:
Many cities and counties require additional payments to operate legally.
Failing to meet your tax obligations can have serious consequences:
Knowing and complying with the taxes your business must pay in the U.S. is essential to avoid legal problems and keep your business in good standing. From federal income taxes to state and local rates, preparation and expert advice are critical.
At Prodezk, we make navigating this process simple and efficient, ensuring your business complies with all regulations. Contact us and take your finances to the next level!