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Overly complicated tax code confuses business owners
Research shows small-business owners consider the administrative burdens involved with filing their taxes to be a significant challenge. Eighty-five percent of small-business owners enlist a professional to help with the preparation of their returns, according to a survey by the National Small Business Association. South Dakota, Texas and Nevada are the three states with the most favorable tax codes for small-business owners and entrepreneurs, according to the Small Business and Entrepreneurship Council.
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