Posts Tagged business income

Small Businesses to Congress: Prioritize Passing the Main Street Tax Certainty Act this Congress

Small Businesses to Congress: Prioritize Passing the Main Street Tax Certainty Act this Congress

“Passing the Main Street Tax Certainty Act would stop an enormous tax increase currently scheduled to strike small businesses at the end of 2025,” said Brad Close, NFIB President. “The 20% Small Business Deduction is set to expire in 2025, and without it, small businesses will have to limit their plans to grow, invest, and hire. By making the deduction permanent, small business owners will have the tax certainty they need to make business decisions about their future. We are encouraged that this important legislation has been introduced in both the House and the Senate and urge Congress to consider it.” (Read on…)

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