Before Tax stayed true to their goal of empowering entrepreneurs with tax insights to expand their financial freedom, as the company recently launched a small business income tax calculator in 2021. Their LLC Tax Calculator is a user-friendly tool designed to provide US entrepreneurs and other users with free small business and LLC tax estimates.
Management of tax liabilities remains one of the significant challenges faced by businesses, irrespective of their size or industry, in different parts of the world. The case is not particularly different in the US, especially with small businesses and startups. Unlike big corporations, small businesses and even LLCs sometimes struggle to work around their shoe-string budget to hire a tax expert’s service. Consequently, they tend to fall short of the law and subsequently evoke the wrath of the authorities. However, the team at Before Tax is poised with changing this narrative and the recently introduced LLC Tax Calculator is a further reiteration of this claim.
The tax tool includes estimates for both state and federal taxes, with an easy-to-navigate interface that only requires users to enter their tax profile to get estimates and discover their bonus tax savings. The tax calculator supports different fiscal years, including the year 2019 added 11/18/2019 and 2020 added 3/8/2020. LLC Tax Calculator also helps S Corp vs. C Corp added 1/20/2021, with additional years to be added upon the publication of new tax rules.
The user-friendliness and versatility of the LLC Tax Calculator from Before Tax has endeared the tool to business owners across the nation, with accolades coming from different quarters. “Highly recommended for any first-time entrepreneur who is looking to educate themselves before shelling out cash for a CPA. This is my first time doing my taxes with my first LLC. This calculator helped me determine that I should stay as an LLC until I get more revenue. I was also unsure of how to go about hiring a CPA but one of the guides showed me exactly how to do this,” said Sam C.
For more information about the LLC tax calculator by BeforeTax.co, please visit – https://beforetax.co/llc-tax-calculator.
About Before Tax
Before Tax was founded by Matt Jensen, a small business owner of over ten years, to create tax research and tools for small business owners across the United States. The goal is to empower entrepreneurs with tax insights and ultimately support the expansion of their financial freedom.