NFIB Members Explain the 20% Small Business Deduction

Without Congressional action, 9 out of 10 small businesses will face a massive tax hike when the 20% Small Business Deduction expires in 2025. NFIB members Wendy and Marci Bittner of LOSHAW Thermal Technology join to share what the 20% Small Business Deduction has allowed them to do and what it will mean to their business if the deduction is allowed to expire at the end of 2025. Representative Lloyd Smucker discusses why this issue is so important to him and his constituents, and NFIB’s Director of Government Relations Lauren Hancock provides an update on NFIB’s advocacy efforts.  

Take Action: Join over 80,000 small business owners in signing NFIB’s petition to make the 20% Small Business Deduction permanent. 

Learn more about the issue and status at SmallBusinessDeduction.com  

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org.