Search
Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Cisco Partner Summit Digital 2020 NetApp Digital Newsroom HPE Zone The Business Continuity Center Enterprise Tech Provider Masergy Zenith Partner Program Newsroom HP Reinvent Digital Newsroom Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom Intel Partner Connect 2021 Avaya Newsroom Experiences That Matter The IoT Integrator Intel Tech Provider Zone NetApp Data Fabric WatchGuard Digital Newsroom

Best (And Worst) States For Taxes In 2018 For Solution Provider Startups

High taxes can hinder a startup's growth by taking up capital that could be used for expansion. Entrepreneurs starting a solution provider business should consider states with low corporate income, sales, property and unemployment insurance taxes whenever possible.

1   2   3   ... 21 Next

Taxing Issues For Startups

Nearly every startup faces a cash crunch. After all, there's more money going out than coming in as a business develops its products, hires its core staff and spends capital to build the company's foundation. Having to pay taxes as a startup is getting off the ground can be yet another obstacle.

As part of the 2018 Best (And Worst) States For Starting A Solution Provider Business, CRN looked at the 2018 top corporate income tax rate (as of Jan. 1, 2018), state and local sales taxes (as of Jan. 1, 2018), property taxes and unemployment insurance taxes levied in each state. (Individual income tax rates were considered as part of the "personal cost of living/quality of life" criteria.) Most of the tax data was obtained from the Tax Foundation.

In addition to specific tax rates, we considered the overall rankings on the Tax Foundation's 2018 State Business Climate Index and the Small Business & Entrepreneurship Council's Small Business Tax Index rank.

For criteria that's ranked, the lower the number, the lower the tax burden.

 
 
1   2   3   ... 21 Next

sponsored resources