Since 2018, small businesses structured as pass-through entities like Sole Proprietorships, S-Corporations, Partnerships, or LLCs have been able to deduct up to 20% of business income.Known as the 20% Small Business Deduction (Section 199A), the significant small business...

The American Rescue Plan Act requires online payment platforms and marketplaces, such as PayPal, Venmo, CashApp, eBay and Etsy, to issue a 1099-K for goods and service transactions totaling $600 or more in annual gross sales. The IRS has now created a phased...

BACKGROUNDThe Regulatory Flexibility Act (RFA) was enacted to lessen the impact that federal regulations have on small business.PROBLEMA 2023 NFIB study found that agencies use loopholes in the RFA to underreport, minimize, or ignore the impact of regulations on small...

Small business owners work hard to train and retain employees by creating a safe and rewarding workplace. Finding qualified employees remains a top challenge. Meanwhile, government mandates and regulations further complicate your ability to fill open positions and once...

Recently, the Protect the Right to Organize (PRO) Act was introduced in the U.S. House. This legislation would provide unions with a laundry list of provisions that are harmful to small businesses. The PRO Act would require employers to turn over the private contact...

Small businesses nationwide struggle to provide affordable health insurance benefits for their employees, and high prescription drug prices substantially contribute to this problem. Pharmacy Benefit Managers (PBMs) are third-party middlemen that negotiate drug prices...

Small business owners have been concerned about excessive credit card processing fees for years but have had no recourse. Not anymore. Congress has introduced legislation to address the rapidly increasing "swipe fee" issue. The Credit Card Competition Act will inject...

Small business owners like you should be able to pass your business to your children or family members without the burden of the federal estate tax and generation-skipping transfer taxes. Take action now to tell your elected representatives in Washington, DC to support H.R...

The beneficial ownership reporting rule would require businesses with 20 or fewer full-time employees to register all beneficial owners. The new beneficial ownership information reporting law would have required business owners to register personal information in a federal...

The Department of Labor has complicated the process for classifying workers as independent contractors. The 2024 Independent Contractor Rule takes a simple two-pronged test for determining who is and who is not an independent contractor and replaces it with an...

Our efforts in Washington, DC are strong because they are supported by the real voices of small business owners! Please help us continue to inform lawmakers about your perspective on regulations by...

Access to relevant vehicle data is essential for independently owned auto repair shops to repair passenger vehicles safely and efficiently. Automakers are restricting access to vehicle information, which is preventing independent auto repair shops from completing simple...

Escalating healthcare costs and red tape are threatening small businesses' competitiveness. 98% of small employers are concerned that the cost of providing health insurance to their employees will become unsustainable in the next 5-10 years with rapidly rising cost...

NFIB is committed to seeking legislative reforms that help empower small businesses. NFIB continues to tirelessly urge lawmakers to pursue policy solutions that will empower small business owners...