Tax Changes for Small Businesses in 2014 | Businessnewsdaily.com


Tax season is a stressful time for everyone, but for business owners, the pressure can be especially high. From January to April, it’s a whirlwind of sorting receipts and pay stubs, reviewing ledgers and completing IRS forms to ensure that everything is properly prepared and filed. Even though most businesses use an accountant, digging up all the necessary documentation and information needed for tax filing can still be a hassle.

Being unaware of important tax filing changes can add to the stress of this season. Mark Faggiano, CEO of tax automation software company TaxJar, noted several changes from last year that will affect small business owners:

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