Small businesses face a massive tax increase if Congress fails to act! Three out of four of America's millions of small employers benefit from the 20% Small Business Deduction created in the 2017 Tax Cuts and Jobs Act. Unfortunately, this 20% Small Business Deduction is only temporary, while the 2017 tax cuts for large, multinational corporations are permanent. This important small business tax benefit expires at the end of 2025.
As a business owner, you know small businesses pay their fair share of taxes and a massive increase after 2025 would be devastating. Not only that, but the current tax uncertainty also makes planning for the future extremely difficult. Your Senators and Representatives need to hear that Congress must make permanent Main Street tax cuts a priority. Join fellow small businesses across the country by adding your name to our petition to prevent a massive tax increase at the end of 2025.