It’s almost April 15th. In fact it’s right around the corner so it should be no surprise that many small business owners are thinking about taxes. OK, let me be even more blunt- owners are dreading the thought of taxes because in takes time and money!

Here’s a couple of interesting statistics. According to NSBA, which today released its 2015 Taxation Survey, 1-in-4 small businesses spend more than $10,000 per year on administration alone of federal taxes. And, more than 1-in-5 spend 120 hours or more on federal taxes.

the ceo magazine, business management,
Kristen Gramigna, CMO, BluePay

Though managing the taxes associated with generating your own income, owning business-related assets and employing staff may not be your favorite part of owning a business, there are many small business tax advantages that may lower your tax burden and leave more money in your bank account. Here are some tax tips all small business owners can benefit from, regardless of industry or income.

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