FOR IMMEDIATE RELEASE
Contact: Suzanne Budge, Idaho State Director, sbs@sbsidaho.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

BOISE, Idaho, April 15, 2026—The National Federation of Independent Business (NFIB), the nation’s leading small business advocacy organization, released a new report outlining the economic benefits and massive tax savings the 20% Small Business Tax Deduction will bring to the 207,670 small businesses in Idaho now that it has been made permanent. The report also details several other federal tax relief wins that were signed into law.

Additionally, Idaho is projected to gain 9,000 new jobs annually over the next 10 years if the deduction remains in place, including an annual GDP increase of $397 million for the first decade and $820 million per year beyond 2035.

View the report for Idaho here.

“It’s not often Tax Days hold out much to cheer about for small business owners, but this year’s is refreshingly different thanks to Idaho’s congressional delegation for their work in making the Small Business Deduction permanent, instead of letting it expire at the end of last year, and thanks to the Idaho Legislature and Gov. Brad Little for getting House Bill 559 into law, which conforms our state’s tax code with the federal government’s,” said Suzanne Budge, state director for the National Federation of Independent Business (NFIB) in Idaho. “These actions will go a long way to giving small business owners clearer certainty in their decisions about hiring more people, giving raises to their employees, and whether to buy new equipment.”

Since 2017, the Small Business Tax Deduction has allowed small businesses to deduct up to 20% of their business income. This has empowered them to grow, hire, invest in their employees, and give back to their communities. Without action by Congress, this essential tax deduction was set to expire at the end of 2025.

After being passed by Congress, President Trump signed legislation on July 4, 2025, making the Small Business Tax Deduction permanent. This permanent tax relief means America’s small businesses can use more of their hard-earned money to support their business and employees instead of sending it to their state and federal government. It also provides certainty and levels the playing field for small businesses against their large corporate competitors.

Keep up with the latest Idaho small-business news at www.nfib.com or by following NFIB on X @NFIB_ID.

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For over 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com.

NFIB Idaho
802 W. Bannock Ste. 301
Boise, ID 83702
208-345-6632
NFIB.com
X: @NFIB_ID