Every small business must be aware of its cash flow. In many cases, finding this could involve finding a way to decrease tax liabilities. Doing this successfully could be the difference between experiencing a profit or a loss. If a small business is operating out of a home, they could qualify for some guarantee tax deductions. The reason for this is so the taxes involve having a business at home aren’t a huge burden. A fact of having a small business is paying taxes. They need to be smart about tax saving, or financial opportunities could be lost. A small business needs to avoid the mistake of paying more taxes than they owe. Forbes did research and it showed over 92 percent of small businesses have made the mistake of …