The Small Business Tax Calculator offers small business owners a personalized estimate of the federal income tax break they will see next year now that the 20% Small Business Tax Deduction and other current tax relief policies were signed into law.
33 Million Small Businesses Avoid a Massive Tax Hike
33 Million Small Businesses Avoid a Massive Tax Hike
The 20% Small Business Deduction brings permanent tax relief for 9 out of 10 small businesses
TAX CALCULATOR
Calculate your tax relief now that the Small Business Deduction is permanent
In a landmark victory, the 20% Small Business Tax Deduction was signed into law, stopping a massive tax hike on more than 33 million small businesses. By making the Small Business Deduction permanent, small business owners across the country have certainty through the tax code to confidently grow their businesses.
The 20% Small Business Tax Deduction empowers small business owners to hire new workers, raise wages for their employees, and give back to their communities – but it was set to expire at the end of 2025, raising taxes on tens of millions of small businesses.
Thanks to the advocacy of small business owners across the country, Congress made the 20% Small Business Tax Deduction permanent, and small business owners have more certainty to plan for the future. Supporting small businesses with pro-growth tax policies benefits the overall economy and communities in every corner of America.
Small Business Tax Surveys
The 2024 NFIB Tax Survey assessed small business owners’ biggest tax chal…
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The One Big Beautiful Bill Act
This webinar will review small business-related provisions within the “On…
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In the News
February 17, 2026
NFIB Presents Small Business Deduction Champion Awards to Members of Congress
NFIB
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July 10, 2025
Historic Legislation Becomes Law and Stops Massive Tax Hike on Main Street
NFIB
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July 4, 2025
America’s Small Businesses Applaud President Trump, Congress for Stopping Massive Tax Hike on Main Street
NFIB
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July 3, 2025
NFIB Thanks Congress for Passing Landmark Small Business Tax Relief Bill
NFIB
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May 12, 2025
New NFIB TV Ads Urge Congress to Prioritize the 20% Small Business Deduction
NFIB
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May 13, 2025
NFIB Backs House Ways & Means Pro-Small Business Tax Relief Proposal, Urges Passage Ahead of Committee Markup
NFIB
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April 15, 2025
NFIB Releases State-Specific Reports Detailing Benefits of 20% Small Business Tax Deduction, Consequences of Potential Small Business Tax Hike
NFIB
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Podcasts
Over the past year, the primary impact has been stability rather than expansion. Ongoing economic volatility made it a challenge simply to stay in business. The 20% Small Business Deduction helped us retain employees, continue paying competitive wages, and keep our doors open during an uncertain period, rather than cutting jobs or scaling back further.
Stacey Maud, Ace Handyman Services, Annapolis, Maryland
The 20% Small Business Tax Deduction allowed me to provide bonuses, raises for my employees, and order essential new equipment to fuel our growth. Tax relief lets business owners invest in our teams and operations.
Tom Brichacek, Miran Creek Furniture, Inc., Minnesota
New equipment to replace older equipment needing multiple repairs is a constant balancing of older assets. Repairs are a large line-item expense for construction companies. Equipment breakdowns can be a major factor in profitability on a job. Also, benefits in a wage-competitive business are always a concern for employees or potential new hires. The 20% Small Business Deduction has helped with the rising cost of health care premiums. Thank you, NFIB, for supporting small businesses.
Patricia Jones, Jones Contractors, INC, Tennessee
We are in the process of looking for new trucks, increasing our fleet, therefore increasing our ability to deliver, as we are a wholesale food distribution.
Lisa Palazzolo, S&L Produce, Inc., Illinois
$15K in new equipment to expand our preschool program on order right now, new mats for our balance beam area, pay increases, and hiring new staff.
Kim Ford, Xtreme Gymnastics and Trampoline, LLC, Missouri
We have bought new equipment, made lease improvements, hired two more employees, and given pay raises to existing employees. Having fewer variables about our tax liability makes it easier to plan for the future.
Brent Hudson, Barney's Pharmacy #819, Georgia
This past year alone, we purchased a building and moved operations. This new facility has the room for us to scale up to 4x our old facility. We just purchased an auto saw. This year, we will purchase 3 more CNC machines, hire 2 more tradespeople, and give raises. We are in the process of renovating the office space to hire support for operations.
Justin Reynolds, Integrity Machining & Fabrication, New York