U.S. Business Taxes Explained: What Every Founder Needs to Know

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https://get.firstbase.io/xa008h6rktb8

Running a business in the U.S. means staying compliant with a complex web of taxes—from federal to local filings, franchise tax, and employment taxes. In this video, Firstbase Product Lead Jacob Sheldon walks through everything founders need to know about U.S. business tax obligations. You’ll learn the key differences between federal, state, and local tax structures, how entity types like C-corporations, S-corps, LLCs, and partnerships are taxed, and what forms you need to file. We also cover franchise taxes in states like Delaware and Texas, employment tax compliance (FICA & FUTA), and lesser-known taxes like excise, gross receipts, and environmental taxes. Whether you’re an early-stage startup or scaling quickly, this guide helps you avoid costly mistakes and stay focused on growth. Use Firstbase Tax Filing to file all your taxes—federal, state, and city—in minutes, with professional support included.

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