The National Federation of Independent Business (NFIB) has introduced two digital tools aimed at assisting small business owners, state and national leaders, and the public in understanding the potential impact if Congress does not make the 20% Small Business Tax Deduction permanent.
The first tool is an interactive map that allows users to explore how extending the Small Business Deduction could influence job creation and GDP growth across congressional districts nationwide. The second tool is a tax calculator designed to provide small business owners with a personalized estimate of their potential federal income tax liability in 2026 if the deduction expires.
“These new tools put real data in the hands of small business owners, policymakers, and the public,” said NFIB President Brad Close. “They make it clear what’s at stake if Congress fails to act: fewer jobs, less investment, and slower economic growth in communities across America. A massive tax hike is on the horizon for millions of small businesses, creating tremendous uncertainty. Congress must act now to make the 20% Small Business Tax Deduction permanent.”
The interactive map offers both statewide and district-level views of how making the deduction permanent could support local economies. It breaks down projected job creation and GDP growth by state and congressional district. This feature enables state leaders to assess impacts within their regions while allowing small business owners to understand community-specific consequences.
The tax calculator provides clarity on personal financial impacts for small business owners should the deduction expire. For instance, a small business owner with $75,000 in personal income and $150,000 in qualified business income might face a tax increase exceeding $13,000 without extension of the deduction. Users can input basic information such as filing status and incomes to compare estimated tax burdens under scenarios where the Tax Cuts and Jobs Act (TCJA) is extended or not.
To access these tools or learn more about NFIB's advocacy efforts for small businesses, visit www.SmallBusinessDeduction.com.
For over eight decades, NFIB has been advocating for America's small and independent businesses across Washington D.C., as well as all 50 states. As a nonprofit, nonpartisan organization driven by its members since its founding in 1943, NFIB remains dedicated exclusively to supporting these enterprises today.
