Preparing for tax season is really a year-round endeavor. Tip number one for SMB owners is to update financials on a monthly basis, using a streamlined software or cloud-based system.

This way, come tax time, everything you need is all in one place. And well-organized SMBs are better positioned to minimize their tax bill while avoiding penalties associated with missing or inaccurate information.

Here are four more ways to take the stress out of tax time, and get the most out of your return.