5 websites with tax tips for owners of small businesses

Whether operating a small retail shop on main street or running an Internet business from home, every owner of a small business faces the same challenges when it comes to paying taxes and staying abreast of the latest federal tax information.

Several websites offer a variety of information about small business taxes. Here are a few sites worth a visit:

Bankrate.com: Spotlights a dozen key deductions for a small business; tinyurl.com/y8jkdzv.

FindLaw.com: Offers articles covering various small business tax topics; tinyurl.com/79o3de6.

Internal Revenue Service: Collects small business forms and publications; info on starting, operating or closing a business; and more; www.irs.gov/Businesses/Small-Businesses-&-Self-Employed.

Nolo: Spotlights 14 key federal tax deductions for small businesses; tinyurl.com/7coh475.

U.S. Small Business Administration: A hub for federal tax information related to small business; tinyurl.com/3ndmqjo.

— Chuck Myers,

McClatchy-Tribune News Service

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