Corporate Tax in St. George, Utah

Find the right Corporate Tax attorney in St. George, UT

Corporate Tax Lawyers in St. George

A "corporation" in St. George, Utah is an organization formed under state law which is regarded a separate "person" from any of the people who run it.

This system is occasionally called "corporate personhood" by Utah lawyers. It means, in simple terms, that the law treats a corporation just as it would treat a human being - having most of the legal rights and duties that also apply to individuals.

One of these commitments is the duty to pay income tax in much the same way as an individual person.

Corporate Tax Rate in St. George, Utah

Every corporation in the U.S. which has taxable income must pay its share of the federal corporate income tax. The majority of states also have a corporate income tax, which St. George, Utah corporations are required to pay.

Under federal laws that govern corporate income taxes, corporations pay a different income tax rate from individual people. Corporations pay a maximum federal income tax rate of 35%, and a minimum rate of 15%, depending on their income. The high tax rate applies to corporations that make .3 million per year, and the low rate applies to any company bringing in less than ,000.

There's also a good chance that the tax rate applicable to corporations in Utah differ from the individual tax rates. Some states feel that the best economic policy is to attract as many businesses as they can. So, in some states, the corporate tax rate is lower than the individual tax rate.

In any case, St. George, Utah corporations have to pay both the state and federal income tax. If they fail to do so, they can be subject to grave penalties, such as very large fines. These fines can be big enough to put some smaller companies out of business. Suffice to say, it's usually cheaper for corporations to pay their taxes than to not.

How Can a St. George, Utah Corporate Tax Lawyer Help?

Many larger corporations have lawyers and accountants who guarantee that they are in complete compliance with both state and federal tax law.

As most business owners know, however, the majority of small St. George corporations can't afford to have attorneys on staff full time. So, if you run a small corporation, and are confused about the corporate tax issues that may affect you, it's a very good idea to retain the services of a St. George, Utah tax attorney immediately.

Talk to a Tax Law Attorney now!

Life in St. George

St. George is located in the southwestern party of Utah, and is part of Washington County. The city is known because of its proximity to Las Vegas, Nevada and to Salt Lake City. Surrounding sites include the Mojave Desert, Pine Valley Mountains, and Zion National Park.

Top employers in St. George include SkyWest Airlines, Wal-Mart, Intermountain Health Care, Bryce Canyon National Park, and the Zion National Park. As evidence, tourism is a driving force in St. George's economy. This being said, the legal industry also has a presence in St. George because many attorneys have settled in St. George. They practice in small law offices offering legal services in various areas of law. Therefore, residents have local attorneys that are competent to tackle all of their legal needs.

Famous residents include Julius Erving, Bruce Hurst, Doug Jolley, Jay Don Blake, and Lavell Edwards.

Moreover, famous movies filmed in St. George include High School Musical 2, Jurassic Park, On Our Own, and Romancing the Stone.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Joel C.
Joel C.

Tax Law

Davidson, TN

Edwin L.
Edwin L.

Tax Law

Fayette, TN

Tax Defense N.
Tax Defense N.

Tax Law

Ohio, TN