Small Business Owner Tax Survey

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If you are a small business owner you will at some point need to address taxes and spending within your business

Here is a great infographic prepared by NFIB regarding a survey they conducted of small business owners and their taxes and spending that you will no doubt find interesting.


  • 91% hire a professional tax preparer to do their taxes.
  • 85% think Congress should revise the tax code.
  • 81% prefer a spending cut to tax increase ratio of at least 3 to 1, with the emphasis on cuts
  • 55% do not think simplification will occur in any tax revision, even if explicitly intended
  • 34% NFIB members made expenditures in the last five years to protect their heirs from the estate tax; another 15% plan to make them
  • 36% of NFIB members say that they calculated the Alternative Minimum Tax (AMT)
  • 81% prefer a spending cut to tax increase ratio of at least 3 to 1, with the emphasis on cuts
  • 71% agree that the most important outcome in tax restructuring is their taxes rising or falling

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