Issues of Optimization of the Accounting and Taxation Systems of Small Businesses in the Russian Federation

—The method for stimulating small businesses (simplification of accounting and taxation systems) is described. The contribution of business entities of the Russian Federation, that applies special tax regimes to the formation of tax revenues of the state budget, is studied. It is revealed that this contribution is different and for different subjects of the Russian Federation it depends on the sectoral structure of the region's economy and natural resource base. The issue of VAT assessment and accounting in the context of the simplified taxation system applied by organizations and individual entrepreneurs is analyzed. Calculations are made and recommendations for improving the simplified tax system at legislative level are provided. Also, the proposals on optimization of accounting and accounting policy in small organizations are given.