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Advocacy in action blog

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NAIFA Supports Tax Certainty for Main Street

By NAIFA on 5/18/23 4:40 PM

An important tax deduction for many individual- and family-owned businesses –  Section 199A of the Tax Cuts and Jobs Act – is set to expire in just two years. NAIFA strongly supports legislation sponsored by Senator Steve Daines (R-MT) that would make permanent the 20% deduction for pass-through businesses.

Topics: Small Business Taxes Federal Advocacy Supported Legislation

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