How to Calculate City of LA Business Tax

In this video, we'll discuss how to calculate the City of Los Angeles business tax. If you want to learn more about the City of LA business license and tax, watch our other video here.
• WEBINAR: City of Los A...
We will cover:
1. How to calculate the tax if your business is within the City of Los Angeles and you earn 100% of your revenues within the city limts.
2. How to calculate the tax if your business is within the City of Los Angeles and you have income outside of the city limits.
3. How to calculate your tax if your business it outside the City of Los Angeles, but you have income earned within the City of LA.
4. We will also cover LA City Clerk Ruling #13 and LA City Clerk Ruling #14
What is the LA City Business Tax?
• WEBINAR: City of Los A...
How to apply for the City of LA business tax
• How to apply for LA Ci...
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Financial Advisor in Los Angeles, CA
CPA in Los Angeles, CA
12031 Ventura Blvd., Suite 1
Studio City, California 91604
[phone]
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DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS TAX, FINANCIAL, OR LEGAL ADVICE. EVERY PERSON’S SITUATION IS DIFFERENT AND YOU SHOULD CONSULT WITH YOUR OWN FINANCIAL AND TAX ADVISOR FOR ADVICE SPECIFIC TO YOUR SITUATION. COMMENTS ARE NOT REVIEWED

[@ACapReCap]

ACap will not respond to comments seeking tax or financial advice. Please consult a CPA or CFP who is familiar with your individual circumstances.

[@kristinbrin6858]

Hello and thank you. Very interesting information yet I am confused. I am a fine artist, my studio is in Los Angeles. Collectors buy from me here and sometimes I have my framer ship to the costumers, they are in LA too. This is terrible news, I had an accountant and H&R Block who I hire using their small business services. I just got mail from Biz Tax Renewal that I am delinquent. He never paid it or helped me to do so. I gave him then original copy. So I need to pay Interest and penalties. I can't figure it out. Geeeez.

[@ACapReCap]

Thank you for your comment. Unfortunately, the City of LA is not business friendly.

[@GloryBeToGodForever]

Thank you. Blessings in *Christ.*

[@keilad4950]

Hi! So I made $207 in my business. The tax rate is 1.27 what is my tax due??

[@whoisharo4689]

Thanks, Ara! This helped me a ton! By the way, i sell Armenian artwork if you're ever interested! My website is the same as my name here. Thanks for your help!

[@ACapReCap]

Thank you.