STATE:

Why NFIB

Take Action

Get Support

Stay Informed

Podcast Podcast

Careers Careers

Join Now

Home / News / Press Release /

NFIB Releases Latest “In Their Own Words” Video Featuring Montana Small Business Owner Discussing The 20% Small Business Deduction

August 28, 2023

NFIB Releases Latest “In Their Own Words” Video Featuring Montana Small Business Owner Discussing The 20% Small Business Deduction

WASHINGTON, D.C. (Aug. 28, 2023) – The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released a new video in a series that features small business owners from across the country explaining the importance of the 20% Small Business Deduction. The latest edition in the series features Montana Small Business Owner Gray Cornwell of Montana Valley Irrigation in Great Falls, telling his story on why the Small Business Deduction is so important to his business. Watch NFIB’s new In Their Own Words video here: “Small businesses are the heart of the United States economy….We’re your next-door neighbor trying to make a living. If the Small Business Deduction is eliminated, it’s going to be a struggle for our business…..We need support.” The 20% Small Business Deduction (Section 199A) allows small businesses organized as pass-throughs (S corporations, LLCs, sole proprietorships, or partnerships) the ability to deduct up to 20% of qualified business income and is scheduled to expire in 2025. NFIB recently launched a campaign urging Congress to pass the Main Street Tax Certainty Act, which would make the 20% Small Business Deduction permanent for small businesses. Learn more at www.SmallBizDeduction.com.

Topics:

In Their Own Words

Taxes

Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Learn More

March 6, 2026

NFIB Asks Colorado Supreme Court to Protect Small Businesses from Lawsuit Abuse

NFIB filed an amicus brief in the case Public Service of Colorado v. Ross regarding the responsibility of small businesses for damages in wrongful death cases.

March 5, 2026

Colorado Small Business Community Applauds Effort to Eliminate Credit Card Swipe Fees on Sales Taxes

NFIB supports SB 134, which would exclude sales tax from costly swipe fees (also known as interchange fees) charged by credit card networks.

March 5, 2026

NFIB Jobs Report: Employment Index Ticks Up

WASHINGTON, D.C. (March 5, 2026) – NFIB’s February Jobs Report shows that the Small Business Employment Index ticked up nearly 1 point to 103.5, showing furthe…

March 5, 2026

NFIB Thanks Senator Steve Daines for His Leadership, Making Small Business Deduction Permanent

NFIB Releases Latest “In Their Own Words” Video Featuring Montana Small Business Owner Discussing The 20% Small Business Deduction

Related Articles