Tax & Compliance
Business Tax Calculator
Estimate your business tax liability — corporate tax, deductions, and net profit.
Business Income
Gross Revenue
$
Total business sales / revenue
Cost of Goods Sold
$
Direct costs of producing goods/services
Operating Expenses
$
Rent, salaries, marketing, utilities, etc.
Deductions
Depreciation
$
Asset depreciation deduction
Interest Expense
$
Business loan and debt interest
Other Deductions
$
Charitable contributions, R&D, etc.
Tax Rates
Corporate Tax Rate
%
Federal + state corporate tax rate
Additional Local Tax
%
City, county, or local business taxes
Tax
0%
Total Tax Liability
$0
corporate tax owed
Net Profit Before Tax
$0
Total Deductions
$0
Effective Tax Rate
0%
Net Income After Tax
$0
📊 Detailed Breakdown
| Category | Amount | % of Revenue |
|---|
How the formula works
Taxable Income = Revenue − COGS − OpEx − Deductions | Tax = Taxable Income × (Corporate Tax Rate + Local Tax Rate)
- Gross Profit = Revenue − Cost of Goods Sold
- Net Profit Before Tax = Gross Profit − Operating Expenses − Deductions
- Total Deductions = Depreciation + Interest Expense + Other Deductions
- Tax Liability = Net Profit Before Tax × (Corporate Tax Rate + Local Tax Rate) / 100
- Net Income After Tax = Net Profit Before Tax − Tax Liability
- Effective Tax Rate = (Tax Liability ÷ Net Profit Before Tax) × 100