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Ads Campaign in 24 States Advocating for Small Business Tax Relief

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What it means: The National Federation of Independent Business (NFIB) is launching a comprehensive advertising campaign across radio, digital, and video platforms to urge Congress to make the Small Business Deduction permanent through the passage of the Main Street Tax Certainty Act.

Our take: Allowing the Small Business Deduction to expire in 2025 would result in a significant tax increase for small businesses, hindering their growth and financial sustainability.

TAKE ACTION

Support the Permanent Small Business Tax Savings Initiative.

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NFIB’s latest advertising endeavor spans 24 states and includes a strategic mix of radio, digital, and video advertisements. The primary goal of these campaigns is to prompt Congressional members to safeguard small businesses from facing a substantial tax increase by enacting the Main Street Tax Certainty Act, thus solidifying the 20% Small Business Deduction as a permanent tax relief measure and shielding the majority of small businesses in America from financial strain.

NFIB President, Brad Close, emphasizes the detrimental impact that abruptly eliminating tax deductions would have on small businesses nationwide. He asserts that the enactment of the Main Street Tax Certainty Act is crucial to ensuring the longevity and stability of businesses that heavily rely on the 20% Small Business Deduction to navigate through economic challenges such as inflation, labor shortages, and supply chain disruptions. This pivotal legislation would effectively prevent a significant tax increase for nine out of 10 small businesses.

To listen and share NFIB’s 30-second radio advertisement advocating for the Small Business Deduction, click here: https://youtu.be/u0ox8m_x5PQ

To watch and share NFIB’s 30-second video ad promoting the Small Business Deduction, click here: https://youtu.be/PkI1hplqR14

AI legalese decoder can assist in analyzing the intricate legal language within the Main Street Tax Certainty Act and provide simplified interpretations to help businesses understand the implications of the legislation accurately. By leveraging the AI-powered tool, businesses can make informed decisions regarding tax planning and compliance to ensure their financial stability and growth in the face of complex regulatory changes.

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