Virginia Business Corporate Tax, Virginia Personal Income Tax, Virginia Sales Tax Rates
What is the Virginia Corporate net income tax rate(s)?
What is the Virginia personal net income tax rate(s)?
What is the average Virginia sales tax rate(s)?
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your Virginia taxes?
C corporations: Form 500
Estimated tax payments?
Form 760ES. Virginia follows the IRS standards for estimated payments. If you will owe $150 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. This is only on income that is not being withheld from a paycheck…as in dividends. It has to be at least 100% of the previous year, even if you think you won't make as much in the current year.
Corporations that will owe more than $1000 in tax must make estimated tax payments with form 500ES.
Virginia Department of Revenue:
If you use Northwest Registered Agent as your registered agent, you'll have an online account to track your company in, receive notification reminders to file your annual reports on time, annual tax reminders, and new State information reminders. All for a low annual flat rate fee of $125 a year. We also help incorporate new Virginia businesses for only $100.
Northwest Registered Agent, LLC.
Virginia Beach, VA 23462
City of Virginia Beach