Business tax categories refer to the various taxes that businesses must pay based on their geographic location, size, and activities. These taxes include federal income taxes, social security and Medicare taxes, state and local income taxes, real estate taxes, and payroll taxes. Understanding business tax categories is essential for business owners to accurately calculate their operating expenses and navigate the complex requirements of the taxation system. Whether you’re just starting out or have been in business for a while, taking the time to understand your tax categories can help keep your finances secure and ensure compliance with applicable laws.