When Congress passed the Tax Cuts and Jobs Act in 2017, a cap was put on the amount property owners could deduct for state and local taxes (SALT) on their federal tax returns. A $10,000 cap was put on SALT deductions. That change became a sore point in states with high property taxes, including New
NFIB State Director Mark Grant released the following statement today in response to Gov. J.B. Pritzker’s plan to close “corporate tax loopholes.””Our members are grateful for Governor Pritzker’s promise to use some of the federal CARES Act money coming into the state to help small businesses. Many
The National Federation of Independent Business, is supporting the Michigan Restaurant & Lodging Association’s Plan for opening the Hospitality Industry.
Governor Hogan, along with Senate President Bill Ferguson and House Speaker Adrienne Jones, signed the RELIEF Act into law this past week. The legislation, Senate Bill 496, provides more than $1.2 billion in economic relief to Maryland small businesses, nonprofits, and families.NFIB was among the fi
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