Nevada’s economy stands to suffer if Congress fails to keep the 20% Small Business Deduction in the federal tax code from expiring next year, according to two reports issued late last week.
For some, preventing the 20% Small Business Deduction in the tax code from expiring next year is a simple matter of fairness.
The numbers are in and show Utah a big winner if Congress acts to make the 20% Small Business Deduction a permanent feature of the U.S. tax code instead of letting it expire at the end of 2025.
Depending on Congress either letting the 20% Small Business Deduction in the federal tax code expire or be made permanent, Montana’s economy stands to suffer or benefit big, according to two reports issued late last week.
NFIB released two new impactful reports illustrating what will happen to the small business economy if the 20% Small Business Deduction is made permanent.
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