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Podcast: Unf*ck Your Biz With Braden
Episode: 157 - Calculating Business Tax
Description: On this episode I dive into a detailed example of how to calculate your business taxes in the third and final episode of my business boot camp. Â If you haven't already, go back and listen to boot camp episode one and two before diving into today's episode. Â Example: Elle graduated college this year and went straight into her photography business. Her business made $25,000 and she had business expenses of $7,000. Elle paid $100 in student loan interest (adjustment). She had no itemized deductions. Â To calculate Elle's tax percentage: C...