WATCH: NFIB Member Testifies Before Congressional Field Hearing in Peachtree City

May 1, 2023

Alison Couch of Harlem told the U.S. House Ways & Means Committee about critical issues facing Georgia's small businesses

WATCH: NFIB Member Testifies Before Congressional Field Hearing in Peachtree City

Alison Couch, who owns Ignite Accounting and Business Advisors in Harlem, was among the Georgia small business owners who testified at a field hearing of the U.S. House Ways & Means Committee on Friday, April 21. The hearing on “The State of the American Economy: The South” was held at NAECO LLC in Peachtree City. On Friday, Aug. 28, Couch write about her experience testifying before the committee in a column that ran in The August Chronicle. “Labor is tight, the supply chain is unpredictable, and inflation has driven up the cost of everything from raw materials to services,” she wrote. “However, one tax provision that has continued to truly help small businesses, in a huge way, has been the Qualified Business Income Deduction (Section 199A). This deduction is part of the Tax Cuts and Jobs Act of 2017 and is set to wind down in less than three years. “My clients are taking the money they are saving with this deduction and investing it into salaries, equipment, and expansion, which translates into investing it into the economy,” she wrote. “Allowing this deduction to sunset would be like imposing a tax hike on small business income and have a ripple effect on Georgia’s and the nation’s economies.” Click here to read the column.

Get involved

As Washington looks for ways to pay for future spending, raising taxes is always proposed. You can make a meaningful impact by sharing the ways in which increased taxes negatively impact your business. As we continue to deal with historic inflation and labor shortages, it is imperative Congress hears from job creators. If you would like to potentially testify at the state or federal level, please email joe.hirabayashi@nfib.org.Click here to take action and message your Members of Congress about the negative impacts increased taxes will have on your business.

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Georgia

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