Latest Tax Reform News
NFIB members: Watch our free, on-demand webinar that explains everything you need to know about the Tax Cuts and Jobs Act affects your business. It highlights implementation issues and provides action items for small business owners as you prepare for tax changes, many of which begin in 2018. Watch now >>
Have more questions? Check out our latest tax reform Q&A. It’s packed with answers to the most urgent questions our members have asked recently. Read now >>
Be on the lookout! Legislators are in their hometowns talking up tax reform at NFIB member businesses. Click on an event below for more.
Senator Orrin Hatch visits NFIB member Utah Metal Works
Senator Cory Gardner talks tax relief with Left Hand Brewing Company, and NFIB member in Colorado
Senator Deb Fischer visits NFIB member Appeara in Nebraska
Senator Pat Toomey visits JED Pool Tools, an NFIB member in Pennsylvania
President Trump visits Pittsburgh-based NFIB member H&K Equipment
Senator Rob Portman, Ohio, visits NFIB member GKM Auto Parts (NAPA)
Senator Rob Portman, Ohio, visits NFIB member business Bruns General Contracting
Senator John Cornyn talks taxes with Texas NFIB members over milkshakes
Need a summary of the new tax law? The congressional Joint Committee on Taxation published an Overview of the Federal Tax System As In Effect for 2018. It’s available for download here.
The Internal Revenue Service has released Notice 1036, which updates the income-tax withholding tables for 2018. Employers should begin using the 2018 withholding tables as soon as possible, but no later than Feb. 15, 2018. Learn more about the new withholding tables with these FAQs.
Learn more about key small business provisions in the law.
KEY PROVISION UPDATE (3/2018): Grain Glitch: The President signed a law on March 23, 2018, to reinstate conditions as they existed before the enactment of tax reform. The measure restores balance to commodity markets and reestablishes parity between cooperative and non-cooperative agriculture producers. Read more >>