Congress cut corporate taxes permanently but made the 20% Small Business Tax Deduction temporary.
Nine out of 10 American small businesses benefit from this critical tax deduction.
If Congress fails to act, taxes will increase on over 30 million small businesses at the end of 2025. This will decimate their ability to grow, hire new workers, provide for their employees and give back to their community.
Tell Congress to make the expiring 20% Small Business Tax Deduction permanent—sign the petition today:
The Main Street Tax Certainty Act
This critical legislation makes the 20% Small Business Deduction permanent.
What does this mean for small businesses?
Pass-through small businesses
(Sole Proprietorships, S-Corporations, or Partnerships) can continue deducting up to 20% of qualified business income on line 13 of their federal 1040 tax form
Nearly half (48%) of small business owners who currently report uncertainty regarding the expiring provision can feel confident in their current and future plans.
Small businesses can reinvest in their communities and employees – including focusing on hiring, raising wages, and growth..
Small businesses can keep their tax rates closer to that of their large, corporate competitors.
EY Report
The Ernst & Young (EY) macroeconomic analysis, released in conjunction with NFIB, measured the impact on small business of permanently extending the 20% Small Business Deduction.
Small Business Tax Surveys
The 2024 NFIB Tax Survey assessed small business owners’ biggest tax challenges, implications of potential changes to the tax code, and how tax policy impacts business operations.
Help us make the Small Business Deduction permanent
Learn more about how we’re fighting for tax fairness on your behalf by scheduling a quick call with an NFIB Rep today.
Podcast
In the News
Make The Small Business Tax Cuts Permanent
Wall Street Journal
Main Street Needs Congress To Make Small Business Deduction Permanent
Washington Times
Small Businesses Endangered By Massive Tax Hike. Here’s How Congress Can Fix It
FOX Business
Two Ways Congress Can Give Small Businesses Relief
Washington Times
What Small Business Owners are Saying
Congress cut corporate taxes permanently but made the 20% Small Business Tax Deduction temporary.
Nine out of 10 American small businesses benefit from this critical tax deduction.
If Congress fails to act, taxes will increase on over 30 million small businesses at the end of 2025. This will decimate their ability to grow, hire new workers, provide for their employees and give back to their community.
Tell Congress to make the expiring 20% Small Business Tax Deduction permanent—sign the petition today.
The Main Street Tax Certainty Act
This critical legislation makes the 20% Small Business Deduction permanent.
What does this mean for small businesses?
Pass-through small businesses (Sole Proprietorships,
S-Corporations, or Partnerships) can continue deducting up to 20% of qualified business income on line 13 of their federal 1040 tax form.
Nearly half (48%) of small business owners who currently report uncertainty regarding the expiring provision can feel confident in their current and future plans.
Small businesses can reinvest in their communities and employees – including focusing on hiring and growth.
Small businesses can keep their tax rates closer to that of their large, corporate competitors.
EMAIL YOUR MEMBERS OF CONGRESS
EY Report
The Ernst & Young (EY) macroeconomic analysis, released in conjunction with NFIB, measured the impact on small business of permanently extending the 20% Small Business Deduction.
Small Business Tax Surveys
The 2024 NFIB Tax Survey assessed small business owners’ biggest tax challenges, implications of potential changes to the tax code, and how tax policy impacts business operations.
Help us make the Small Business Deduction permanent
Learn more about how we’re fighting for tax fairness on your behalf by scheduling a quick call with an NFIB Rep today.
Podcast
In the News
Make The Small Business Tax Cuts Permanent
Wall Street Journal
Main Street Needs Congress To Make Small Business Deduction Permanent
Washington Times
Small Businesses Endangered By Massive Tax Hike. Here’s How Congress Can Fix It
FOX Business
Two Ways Congress Can Give Small Businesses Relief
Washington Times
What Small Business Owners are Saying