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The form of business you operate determines what taxes you must pay and how you pay them. The following are the five general types of

The form of business you operate determines what taxes you must pay and how you pay them. The following are the five general types of business taxes.

  1. Income Tax

  2. Estimated Taxes
  3. Self-Employment Tax

  4. Employment Taxes

  5. Excise Tax

You are to select one of these business taxes. How would you define & describe how/when they are paid?

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