Tax season is daunting for everyone, and entrepreneurs are no exception. Filing personal taxes is already complicated, but filing them for your company can be even more confusing.

There is also an added level of anxiety this year because of the shortened filing period. The partial government shutdown in October created such a pile-up of documents that the Internal Revenue Service pushed back the file start date by two weeks.

Fortunately, filing taxes for your SMB doesn’t have to be overwhelming. Here are five tips every business owner should follow to make tax season as stress-free as possible.

1. Prepare the Proper Paperwork

Aside from gathering paperwork to take to your CPA, business owners are also responsible for supplying their employees with their W2s by the start of tax season on Jan. 31. This includes any subcontractors who made more than $600 in the previous year, and the form they need is different from the one you give regular employees. You can find more information on the IRS website for self-employed and small business owners.

2. Review Year-End Finances

It’s ideal for every business owner to keep track of receipts of all business-related expenses throughout the year, which will help tremendously with tax preparation. This will make it much easier to review your end-of-the-year finances, including profit and loss statements, employee records (if applicable) and the balance on business loans.

3. Schedule an Appointment with a CPA

Once you’ve gathered all of the necessary documents (or even before), make an appointment to meet with your CPA. This is especially important for entrepreneurs in their first year of ownership because the tax code is so confusing and constantly changing. You simply can’t afford to miss out on savings, which brings me to my next point…

4. Look for Deductions

There are literally dozens of tax deductions for small business owners, you just have to know where to look for them. Here are 15 deductions every entrepreneur should remember:

  • Travel expenses for business-related trips (even if it’s just driving 10 miles to visit a client once a month)
  • Business supplies and furnishings
  • Membership in a professional organization
  • Capital used to fund your start-up (just make sure you specify whether you will be deducting or amortizing the funds)
  • Advertising and promotional expenses
  • Working out of a home office
  • Telephone and internet for your business
  • Taking higher education or certification classes related to your career
  • Bad debt deduction
  • Interest on business loans
  • Tax preparation
  • Healthcare and renter’s insurance (for your office space)
  • Banking fees on your business account
  • Contributing to your retirement fund or matching employee contributions to their 401(k)
  • Business lunches/dinners (only 50 percent of dining/entertainment expenses can be deducted)

You can find even more deductions here, and make sure to ask your CPA if you qualify for any others. Deductions vary by year, so what you claimed last year might not be applicable in 2014.

5. Prepare for Next Year

Once you’ve filed your taxes, start planning ahead for 2015. I know it seems far away, but taking proactive steps to improve your expense reporting will make next tax season a breeze. So, if you haven’t already, call up your CPA and start gathering your business receipts. April 15 will be here sooner than you realize.