Navigating Tax Complexity for Small Businesses

Small businesses face a storm of tax pressures, but trusted advisors can offer calm amid the chaos.

Quick Tax Tip
With Art Werner
CPE Today

In the latest episode of Quick Tax Tip, Art Werner delivers an insightful update for small and midsized business (SMB) owners — many of whom are feeling overwhelmed by a growing list of tax and regulatory pressures.

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“I think that a number of small businesses are a little scared,” Werner says, pointing to the combination of federal, state, and local tax compliance as a mounting source of stress. “They’re trying to coordinate this all… but more importantly, they look at all this as being just ancillary to why they’re in business.”

According to Werner, business owners don’t launch companies to become tax experts. They do it to pursue a vision — to offer a product, provide a service, and ultimately earn a living. But the growing complexity of tax obligations has become a distracting burden.