NFIB Fully Backs Small Business Expensing

NFIB Fully
Backs Small Business Expensing

Tax Provision Would Benefit Small Business and
Community

WASHINGTON, D.C., June 12, 2014
— Today the National Federation of
Independent Business (NFIB) issued the following statement in response to the passage of H.R. 4457, the America’s Small Business Tax Relief Act, which
would provide permanent expensing levels that meet small business owners’ needs, reduce uncertainty for planning and streamline
recordkeeping.

“Small business expensing is a bipartisan
policy that has been extended on an ad-hoc basis,” said NFIB Manager of Legislative Affairs Matt Turkstra. “Making this
popular and effective tax provision permanent will help small businesses streamline
recordkeeping, invest in their business and purchase equipment or other
business improvements from their local community. Members of Congress often say
they want to help small business – well this is a way to help right now. We thank those members that followed through
when it counts and actually voted for small business.”

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NFIB
is the nation’s leading small business advocacy association, with offices in
Washington, D.C. and all 50 state capitals. Founded in 1943 to give
small-business owners a voice in public policy-making, NFIB’s policy positions
are set by its 350,000 business-owner members, who send their views directly to
state and federal lawmakers through NFIB’s unique member-only ballot. NFIB’s
mission is to promote and protect the right of our members to own, operate and
grow their businesses. More information is available online at www.NFIB.com/news.