U.S. Senate Advances Key Legislation to Boost Small Businesses

U.S. Senate Advances Key Legislation to Boost Small Businesses

The National Federation of Independent Business (NFIB) has championed the One Big Beautiful Bill Act as a key legislative priority for the 119th Congress. This act aims to secure critical tax relief that could profoundly impact over 33 million small businesses nationwide. The focal point of this legislation is the permanent establishment of the 20% Small Business Deduction, initially introduced in the 2017 tax reform. Without action, this essent…

NFIB Backs Senate Bill to Deliver Historic Tax Relief 2025

One Big Beautiful Bill Act: A Lifeline for Small Businesses NFIB Backs Senate Bill, The One Big Beautiful Bill Act has taken center stage in the U.S. Senate, gaining support from the National Federation of Independent Business (NFIB). This critical legislation promises long-term tax relief for over 33 million small businesses across the country. NFIB, the nation’s top small business advocacy group, has labeled the bill a Key Vote in the 119th Co…