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Tax time is around the corner and you can hear the collective groan of small business owners, start-ups and established firms who have to sort out their financial records for the previous financial year. It's a hassle finding out how much they may have to pay the government at the end of the financial year. If you are a new entrepreneur, it is wise to seek the advice of a reputed tax advisor who can help with filing taxes. However, there are a few things that you need to keep in mind in regards to small business taxes that will make the prospect of filing taxes less intimidating.