Small businesses and their employees nationwide rely on our leaders to enact legislation that will improve economic conditions, decrease regulatory burdens, and increase healthcare options. In an opinion editorial published in The Hill, Adam Temple, NFIB Senior Vice President of Advocacy, explores avenues Congress can take to provide small businesses with much-needed tax relief, regulatory reforms, and healthcare savings through a new reconciliation bill.

Taxes

Last year, small business owners saw a historic tax victory when Congress made the 20% Small Business Tax Deduction permanent, preventing them from facing a massive tax hike. While Congress nearly expanded the deduction to 23% last year, lawmakers still have an opportunity to provide small businesses with greater tax savings this year. With an increased tax deduction, small business owners will have more freedom to invest in their businesses, employees, and communities.

BOI

Congress should not stop there, though. Regulatory burdens like the collection of Beneficial Ownership Information (BOI) hinder and threaten small businesses with unrealistic civil and criminal penalties, forcing them to surrender sensitive data to the federal government. While U.S. small businesses were exempted from this mandate in 2025, a future administration can reimpose this ruling and put small businesses back on the hook for more than $128 billion in compliance costs. NFIB is asking Congress to repeal this mandate for good and protect small businesses from this unconstitutional government overreach.

Healthcare

The rising cost of health care has been the number one problem small businesses have faced over the last four decades. Today, less than a third of small business owners have the ability to offer healthcare to their employees. Even more troubling is that this number is set to plummet further, as 98% of small employers are concerned about whether they’ll be able to afford health coverage in the next five years. It is time for Congress to reform the healthcare system and expand the coverage options available to small businesses and their employees.

Read the full opinion article published in The Hill for specifics on how Congress can bolster Main Street businesses with a new reconciliation bill.

Take Action: Tell your lawmakers to permanently delete unconstitutionally collected Beneficial Ownership data.