This Friday, lawmakers in the House Budget Committee will be marking up legislation designed to permanently extend critical tax provisions, such as Section 199A and individual rates, that main streets across America depend on. The markup paves the way for these provisions...

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...

Lawmakers in the House of Representatives recently passed a Budget Resolution bill that will set the stage for small businesses to gain crucial tax benefits later this year. The bill is a critical step toward enabling Congress to extend vital tax provisions, such as...

Two important roles within the Small Business Administration (SBA) and the SBA Office of Advocacy are slated to be filled in the coming weeks, pending confirmation by the Senate. The chamber will determine whether to confirm William Briggs as SBA's Deputy Administrator and...

The Tax Cuts and Jobs Act of 2017 (TCJA) reduced tax rates for businesses and individuals, and introduced the new qualified business income 20 percent deduction, making it more beneficial for pass-through entities. It also limited the deduction for state and local income...

The Protect Small Business from Excessive Paperwork Act (H.R. 736) has PASSED the House, but is currently STUCK in the Senate. This bipartisan bill will extend the deadline for the Corporate Transparency Act’s (CTA's) Beneficial Ownership Information (BOI)...

Access to credit can help small businesses grow, invest in owners’ enterprises, increase hiring, and more, all which leads to growth in the U.S. economy. As small businesses are historically disadvantaged when it comes to securing financing, it is critical to encourage...

While small businesses continue to struggle through a difficult economic period, they need access to capital to continue their operations and keep their employees on payroll. Policymakers must ensure that lending programs, and a variety of lending options remain available...

The Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs are set to expire on Sept. 30, 2025. The SBIR and STTR programs fund a diverse portfolio of startups and small businesses across technology areas and markets to...

Over the last three decades, health care costs have been steadily increasing and, absent reform, will continue to do so at an unsustainable pace. Lawmakers need to support broad reform that will reduce the cost of coverage, provide universal access, focus on...