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Taxes and Your New Business: Part 2 (The Motley Fool) The Motley Fool - Dealing with taxes is one of the many challenges new business owners face. The first part of this article discussed taxes imposed at the state and federal level directly on your business entity or its owners. However, new businesses also have to consider that they are responsible for collecting some other types of taxes, such as payroll tax and sales tax. The rules for these taxes are often just as complicated as income-tax rules are, and the consequences of making mistakes can be equally devastating to your business.
Wealthiest residents can afford estate taxes The article in The Herald on Oct. 30, "Developer works to end estate tax," needs to be reviewed. Since Mr. Selig does not pay any state income tax, where does he expect the revenue to help fund the schools to come from?
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