Survey: Small business paid more taxes this year

GLENVIEW - Coming off tax season, the majority of small business owners reported paying more in taxes. However, only 45 percent saw an increase in revenue compared to the previous year, according to the April 2016 SurePayroll Small Business Scorecard.

For those that did see an increase in revenue, 68 percent said it made up for the increase in tax payments.

• 56 percent paid more in taxes than the previous year.

• 52 percent said they do not believe they're taxed fairly.

A plurality (42 percent) of small business owners, meanwhile, said that the bigger issue is not paying taxes, but figuring out the complexities and changes in the tax code.

• 26 percent said taxes do not hurt their business.

• 32 percent said taxes make it difficult to succeed.

"The frustrating thing we hear from small business owners is that they're not able to budget properly for taxes, because it's too hard to figure out what they're going to have to pay,'' said SurePayroll General Manager Andy Roe. ''When you pay more than last year and make less, it leaves you scratching your head."