(Source: Small Business Trends)
Estimated reading time: 0 minutes, 24 seconds
NFIB Advocates for Small Businesses in Hearing on Tax Policies
a person stacking coins on top of a table
The National Federation of Independent Business (NFIB) voiced its concerns about the future of small business taxes during a hearing held by the U.S. House Budget Committee. Kevin Kuhlman, NFIB Vice President of Federal Government Relations, argued that unless Congress takes action to extend the beneficial tax provisions from the Tax Cuts and Jobs Act (TCJA) of 2017, small businesses will face a substantial tax increase. Most of these provisions are set to expire at the end of 2025.
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