Kansas Taxation Overview
Kansas levies a 6.5 percent sales and use tax rate on goods and services. Companies must make quarterly tax payments online or by mailing Form K-120ES.
Tax Rates and Local Taxes
- Statewide sales tax rate is 6.5%
- Additional local sales taxes range from 1% to 3%
- Total sales tax rates in Kansas range from 7.5% to 9.6%
- Some industries or products may have higher tax rates
Corporate and LLC Taxes
- Owners can deduct items like goods, equipment, and employee wages in Kansas corporate taxes
- Kansas LLCs enjoy tax benefits, such as pass-through profits to owners
LLC Taxation and Benefits
- LLCs in Kansas pay various taxes, including sales tax, income tax, and federal taxes
- Kansas LLC fees include self-employment tax and income tax, with rates based on income brackets
Advantages of Forming an LLC
- LLCs provide liability protection and tax advantages in Kansas
- LLC formation costs $160 in Kansas, with additional fees for services like a registered agent
Starting an LLC in Kansas
- The total cost of forming an LLC in Kansas, including filing fees and services, is around $210-220
- Kansas offers a pro-business environment for LLC formation
- Requirements for starting an LLC include filing the Articles of Organization, appointing a registered agent, obtaining licenses and permits, and submitting an annual report.