For Tax Day, here’s something for small business owners to consider: Your business could be paying much less in taxes by taking some tips from big corporations.

Some of America’s most profitable companies like Apple and Microsoft have effective tax rates lower than 30 percent, as Forbes points out.

So what can you do to effectively lower your small business’ tax rate? Here are five ideas that may pay off for you:

Thinking ahead in tax terms can help ensure that your small business can continue to thrive. To learn more, check out FindLaw’s section on Small Business Taxes.

Follow FindLaw for Consumers on Google+.

Related Resources:

  • Some Small Businesses Pay Tax Rates More Than Double Those Of Large Corporations: Study (The Huffington Post)
  • Small Business Taxes: 10 Basic Tips for Startups (FindLaw’s Free Enterprise)
  • IRS: Bitcoin Is Property for Tax Purposes (FindLaw’s Law and Daily Life)
  • What the Internet Sales Tax Means for Small Biz (FindLaw’s Free Enterprise)

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