FOR IMMEDIATE RELEASE
Contact: Tray Abney, Nevada State Director, tray@abneygr.com
or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org

CARSON CITY, Nev., 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 353,621 small businesses in Nevada now that it has been made permanent. The report also details several other federal tax relief wins that were signed into law.

Additionally, Nevada is projected to gain 12,000 new jobs annually over the next 10 years if the deduction remains in place, including an annual GDP increase of $659 million for the first decade and $1.4 billion per year beyond 2035.

View the report for Nevada here.

“Congress did the right thing in making the Small Business Deduction permanent, instead of letting it expire at the end of last year,” said Tray Abney, state director for NFIB in Nevada. “More than 80% of small businesses are organized as pass-through entities for federal tax purposes and report their business earnings and expenses on their personal income tax forms. By providing small business owners with a clearer certainty for making decisions about whether or not to hire more workers, give current ones a raise, or upgrade or buy new equipment, the Small Business Deduction will reap dividends for the American economy.”

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 Nevada small business news at www.nfib.com or by following NFIB on X @NFIB_NV.

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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 Nevada
Abney Government Relations
775-443-5561
Reno, NV
NFIB.com
X: @NFIB_NV