Expert Local Bookkeeping Services for US Businesses
Say goodbye to accounting headaches. Meru Accounting provides comprehensive local bookkeeping, Tax preparation, and filing services tailored to fit your business needs. With us managing your financials, you can dedicate more time to innovation and business growth
| State | Individual Income Tax Rates | Corporate Income Tax Rate | Sales Tax Rate (State+Local) | Filing Deadlines | Estimated Tax Payments | Penalties for Non-compliance | More Info |
|---|---|---|---|---|---|---|---|
| Alabama | 2% - 5% | 6.5% | 4% + Local (varies) | April 15 | Quarterly payments required | Late filing: 10% of tax due; Late payment: 1% per month; Interest: 5% per annum | View More |
| Alaska | No state income tax | No state income tax | 0% (Local sales tax may apply) | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax | View More |
| Arizona | 2.59% - 4.50% | 4.9% | 5.6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 4% per month, up to 25%; Late payment: 1% per month, up to 16% | View More |
| Arkansas | 2% - 5.9% | 1% - 6.2% | 6.5% + Local (varies) | April 15 | Quarterly payments required | Late filing: $50 or 5% of tax due, whichever is greater; Late payment: 10% of unpaid tax plus interest | View More |
| California | 1% - 13.3% | 8.84% | 7.25% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of unpaid tax; Late payment: 5% per month; Interest: 7% per annum | View More |
| Colorado | 4.4% | 4.55% | 2.9% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% per month, up to 25%; Late payment: 1% per month; Interest: 2% per annum | View More |
| Connecticut | 4.4% | 4.55% | 2.9% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% per month, up to 25%; Late payment: 1% per month; Interest: 2% per annum | View More |
| Delaware | 2.2% - 6.6% | 8.7% | 0% | April 15 | Quarterly payments required | Late filing: $50 or 10% of tax due, whichever is greater; Late payment: 1.5% per month; Interest: 1% per month | View More |
| Florida | No state income tax | 5.5% | 6% + Local (varies) | April 15 | No state requirement for estimated payments | Late filing: 10% of tax due; Late payment: 1% per month; Interest: 12% per annum | View More |
| Georgia | 1% - 5.75% | 5.75% | 4% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due, plus $50; Late payment: 1% per month; Interest: 7% per annum | View More |
| Hawaii | 1.4% - 11% | 4.4% | 4% + Local (varies) | April 20 | Quarterly payments required | Late filing: 5% per month, up to 25%; Late payment: 2% per month; Interest: 10% per annum | View More |
| Idaho | 1.6% - 6.5% | 6% | 6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 3% per annum | View More |
| Illinois | 4.95% | 9.5% | 6.25% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due, plus $100; Late payment: 2% per month; Interest: 5% per annum | View More |
| Indiana | 3.23% | 5.25% | 7% + Local (varies) | April 15 | Quarterly payments required | Late filing: 10% of tax due; Late payment: 10% of unpaid tax; Interest: 8% per annum | View More |
| Iowa | 0.33% - 8.53% | 5.5% | 6% + Local (varies) | April 30 | Quarterly payments required | Late filing: 5% per month, up to 25%; Late payment: 1% per month; Interest: 6% per annum | View More |
| Kansas | 3.1% - 5.7% | 4% | 6.5% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 2% per month; Interest: 8% per annum | View More |
| Kentucky | 5% | 5% | 6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 2% per month; Interest: 7% per annum | View More |
| Louisiana | 2% - 6% | 4% | 4.45% + Local (varies) | May 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 3% per annum | View More |
| Maine | 3.5% - 7.15% | 3.5% | 5.5% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due, up to $25; Late payment: 1% per month; Interest: 6% per annum | View More |
| Maryland | 2% - 5.75% | 8.25% | 6% + Local | April 15 | Quarterly payments required | Late filing: 5% of tax due, up to 25%; Late payment: 10% of unpaid tax; Interest: 10% per annum | View More |
| Massachusetts | 5% | 8% | 6.25% + Local (varies) | April 15 | Quarterly payments required | Late filing: 1% per month, up to 25%; Late payment: 1% per month; Interest: 5% per annum | View More |
| Michigan | 4.25% | 6% | 6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 1% per month, up to 25%; Late payment: 1% per month; Interest: 5% per annum | View More |
| Minnesota | 5.35% - 9.85% | 9.8% | 6.875% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 8% per annum | View More |
| Mississippi | 3% - 5% | 5% | 7% + Local(varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due, up to $100; Late payment: 1% per month; Interest: 8% per annum | View More |
| Missouri | 1.5% - 5.4% | 4% | 4.225% + Local (varies) | April 15 | Quarterly payments for self-employed | Late filing: 5% per month; Late payment: 1% per month | View More |
| Montana | 1% - 6.75% | 6.75% | 0% | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 4% per annum | View More |
| Nebraska | 2.46% - 6.84% | 5.58% | 5.5% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 3% per annum | View More |
| Nevada | No state income tax | 0% | 6.85% + Local (varies) | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax; Collection costs may apply | View More |
| New Hampshire | No state income tax | 7.7% | 0% | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax; Collection costs may apply | View More |
| New Jersey | 1.4% - 10.75% | 9% | 6.625% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 6% per annum | View More |
| New Mexico | 1.7% - 4.9% | 5.9% | 5.125% + Local (varies) | April 15 | Quarterly payments for self-employed | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 7% per annum | View More |
| New York | 4% - 10.9% | 6.5% | 4% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 10% of unpaid tax; Interest: 7% per annum | View More |
| North Carolina | 4.75% | 2.5% | 7% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 10% of unpaid tax; Interest: 5% per annum | View More |
| North Dakota | 1.1% - 2.9% | 1.41% | 5% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 3% per annum | View More |
| Ohio | 0.5% - 3.99% | 6.5% | 5.75% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 15% of unpaid tax; Interest: 4% per annum | View More |
| Oklahoma | 0.5% - 6% | 4% | 4.5% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 10% per annum | View More |
| Oregon | 4.75% - 9.9% | 6.6% | 0% | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 9% per annum | View More |
| Pennsylvania | 3.07% | 9.99% | 6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 3% per annum | View More |
| Rhode Island | 3.75% - 5.99% | 7% | 7% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 8% per annum | View More |
| South Carolina | 0% - 7% | 5% | 6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 7% per annum | View More |
| South Dakota | No state income tax | 0% | 4.5% + Local (varies) | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax; Collection costs may apply | View More |
| Tennessee | No state income tax | 6.5% | 7% + Local (varies) | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax; Collection costs may apply | View More |
| Texas | No state income tax | 1% - 2% | 6.25% + Local (varies) | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax; Collection costs may apply | View More |
| Utah | 4.85% | 4.95% | 6.1% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 4% per annum | View More |
| Vermont | 3.35% - 8.75% | 8.5% | 6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 1% per month; Interest: 6% per annum | View More |
| Virginia | 2% - 5.75% | 6% | 5.3% + Local (varies) | May 1 | Quarterly payments required | Late filing: 6% of unpaid tax; Late payment: 6% per annum; Interest: 10% per annum | View More |
| Washington | No state income tax | 1.5% | 6.5% + Local (varies) | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax; Collection costs may apply | View More |
| West Virginia | 3% - 6.5% | 6.5% | 6% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 10% of unpaid tax; Interest: 5% per annum | View More |
| Wisconsin | 3.54% - 7.65% | 7.9% | 5% + Local (varies) | April 15 | Quarterly payments required | Late filing: 5% of tax due; Late payment: 5% of unpaid tax; Interest: 5% per annum | View More |
| Wyoming | No state income tax | 0% | 4% + Local (varies) | April 15 | No state requirement for estimated payments | Late payment: Interest and penalty of 5% of unpaid tax; Collection costs may apply | View More |
