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Tag: CA business tax
California vs. Texas: Which State Has the Better Tax System for Businesses? (2025 Edition)
Introduction California and Texas are two of the largest economies in the U.S., but their tax systems couldn’t be more different. If you’re starting or relocating a business in 2025, understanding how each state handles taxation is critical to your bottom line. Key Tax Categories Compared Tax Category California Texas Corporate Tax 8.84% None Franchise […]
California Franchise Tax Explained: How LLCs & Corporations Are Taxed (2025 Edition)
Introduction Whether you’re running a small LLC or a growing corporation in California, you’ll likely owe franchise tax—a mandatory annual tax for doing business in the state. This guide simplifies how franchise tax works for LLCs, corporations, and S-corporations in 2025 (for the 2024 tax year). What Is the California Franchise Tax? Applicable Code: IRC […]