Section 199A, also known as the Qualified Business Income Deduction, allows small businesses to deduct up to 20% of their qualified income—providing critical tax relief that contributes to reinvestment, hiring, and growth. 

Passed as a key provision of the 2017 Tax Cuts and Jobs Act (TCJA), the deduction has proven itself to be a powerful tool for S-corporations, partnerships, and sole proprietorships to support U.S. economic growth and job creation. In spite of its success, the deduction is currently set to sunset on Dec. 31, 2025, alongside other key provisions of the TCJA. In the absence of legislative action, small businesses could face steep tax increases that significantly disadvantage their competitiveness. 

The clock is ticking. Urge your lawmakers to support small businesses, and the U.S. economy as a whole, by extending the 199A deduction.