Welcome to the Stressful Tax Season

When it comes to business there are so many challenges to tackle and need to surpass it and some of it are the expense management and have the difficultness in managing your taxes especially in today’s tax code. If you are a responsible individual paying your individual taxes is never been so stressful to do but how come if you are having a business even it is small based in the survey conducted most of the business owners hare having the hard time in paying their taxes.

In this society if you are having a small business you are responsible to pay for your taxes and also you are familiar for the different terms that they have. Tax are very important in the society especially in the government this is where most of the government money’s come from they uses the tax as the wages of all government employees all over the country and this is how the tax are moving in the government.

In the recent survey of National Federation of Independent Business saying that 90 percent of the Among the survey's findings was that 90 percent of those who small businesses have entirely given up on trying to understand the tax code, opting to pay professional tax preparers to file for them instead. Of those polled, 52 percent said that simplifying the tax code should be a top priority for the government.

Here is the excerpt of the said survey: "This survey clearly shows that small business owners believe the tax code is too complicated, too politically motivated, and inconsistent," NFIB tax counsel Chris Whitcomb said. "As federal lawmakers tackle the complex subject of comprehensive tax revision, this new data will give them needed clarity on the views of the small-business community." Business owners may be turning to tax preparers, but here's the kicker - the tax preparers are in just as much trouble. Especially now, considering the recent panic over the so-called "fiscal cliff," tax prep companies are struggling to work with the recent legislative changes. The IRS usually finalizes the code in November, but the fiscal cliff debate in Congress raged on into January, and it wasn't until February that all minor tweaks to the new code were completed. Then the tax software companies made their adjustments to account for the new rules, and now the tax preparation people finally get to sink their teeth into their clients' filings.

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