The Small Business Deduction (Section 199A) allows small businesses organized as pass-through entities – Sole proprietorships, S-Corporations, Partnerships, or LLCs – to deduct up to 20% of qualified business income on 2020 IRS Form 1040, line 13.
In courts across the country, the NFIB Small Business Legal Center fights to defend small business rights in court cases. Two of the most recent cases focus on preventing government overreach from infringing on small businesses.
An unfolding shortage of qualified workers is one of the most serious issues facing small businesses trying to recover from the COVID-19 pandemic, as record-high levels of owners report that they cannot find qualified candidates to fill open positions.
A small business owner in Indiana shares how two Paycheck Protection Program loans, adapting, and community engagement helped him keep his 12 employees on staff.
NFIB advocates for the independence of small business. Working together, we make sure your voice – the voice of small business – leads the debate in federal and state government and the courts.
