Taxes_Infographic_Thumb.gifEven though the majority of small business owners across the country have their taxes prepared by an accountant or other tax professional, it’s still a time-consuming task. Business owners spend nearly two billion hours a year in their efforts to stay current and compliant with ever changing tax regulations.

 

These are just a few of the highlights from our small business tax filing outlook. When it comes to the cost of getting their taxes prepared each year, a little more than a quarter of small business owners spend $10,000 or more, while nearly half spend $5,000 and above. Read on for tips on overlooked deductions, and the impact that the Affordable Care Act is having on tax filing.

 

Click here to view the infographic.   You can also download a version for printing by clicking here.

 

 


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