What Are the Biggest Small Business Tax Mistakes? [INFOGRAPHIC]

April 18th looms like a dark, ominous cloud on the horizon for many small businesses. The very thought of filing taxes can put a knot in someone’s stomach. (Thanks for the extra three days this year, guys!)

After all, tax preparation can be time-consuming, confusing, and overwhelming for lots of people, which is probably why many turn to accounting professionals or software to kill the pain. With tax time around the corner, we examined the biggest small business tax mistakes (and how to avoid them). Click the infographic for an enlarged view.

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About Monica Appelbe

Monica Appelbe is a member of Intuit’s Small Business communications team. A Pittsburgh native, her favorite hometown restaurants are family-owned small businesses.
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choudhuryroy 5 pts

After all, taxation planning can feel time-consuming, confusing, and also intimidating for many people, and that is most likely the reasons why many shift to accounting experts or perhaps software to kill the pain. With taxation time around the corner, we examined the largest business tax blunders (and exactly how to avoid them). Mouse click the infographic for some kind of enlarged read.

Curtman40 120 pts

You will have to be a CPA or a Lawyer to keep up with tax laws because they change every year and if you are running your business your not paying attention so sometimes you get burned.

Oh wow, OK man sounds like some good advise. Wow.www.being-anon.int.tc

I really think something needs to be done about the ridiculously complex tax-code.

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  1. [...] Last year, Intuit shared this great infographic that outlines the Biggest Small Business Tax Mistakes. [...]

  2. [...] Infographic: The Biggest Small Business Tax Mistakes  [...]