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Barbara Weltman

Big Ideas for Small Business, Inc.

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Tax time stress for small business owners is significant

July 24, 2023 / By Barbara Weltman

That’s the finding of FreshBooks: 63% of small business owners rate their tax time stress at 3 on a scale of 5 and nearly half (43%) worry about being audited. Still, over 70% aren’t using modern accounting software to manage their finances and be prepared at tax time. FreshBooks suggests that small business owners use the summertime to get organized taxwise so they can reduce their stress for the next tax season. #IdeaoftheDay

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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