An NFIB survey shows that small business owners plan on making positive changes to their everyday operations thanks to the Tax Cuts and Jobs Act.
NFIB surveyed small business owners about the changes they are currently making thanks to the momentous tax reform bill. The Tax Cuts and Jobs Act, which NFIB advocated for, provides plenty of benefits for small business owners to take note of, including increased Section 179 deductions, a doubled standard deduction, a reduction in individual tax rates, and estate tax relief.
RELATED: Learn about NFIB’s efforts on tax reform.
From expansion to job growth to wage raises, small business owners are excited for the future. These sentiments are reflected in NFIB’s Small Business Introduction to the Tax Cuts and Jobs Act: Part I survey.
Read below to see how small business owners are making the most out of the Tax Cuts and Jobs Act changes.
