The National Small Business Association (NSBA) has published its small business taxation Survey 2025, in which the challenges due to the federal tax law are opposed. The report underlines concerns about the course of the law on tax reductions and jobs 2017, which fear many small companies to lead to significant tax increases.
According to the survey, 83% of small companies are structured as a pass-through company, which means that they pay for business taxes at a personal income level. This structure makes it particularly susceptible to potential tax increases if the congress does not extend outlet tax reductions.
Other important findings are:
- Most small entrepreneurs issue more than 20 hours a year with compliance with the federal government taxes, although many external tax experts hire.
- 90% of the small companies state that federal taxes influence their daily business, with each third a significant impact.
- More than half of the owners of small business owners say that access to the required information is difficult directly from the IRS.
- Tax administration and complexity – pleased as financial costs – is called the greatest burden.
- China is among small companies who outsource goods internationally, the most common country in which they shop.
The NSBA has warned the political decision -makers long before the disorders caused by the tax laws of sunset and emphasizes how these uncertainties have small companies additional burdens. The course of the most important tax regulations, including the 199a qualified business income deduction, is still an important problem.
“In view of the fact that the majority of small business taxes pay at a personal income-83 percent are passionate corporate-no wonder that small companies are very concerned about potential and significant tax increases if the congress does not concern the expiring tax cuts,” said NSBA President and CEO, death.
The survey results are because the supporters of small businesses urge the congress, to prioritize tax stability and long -term relief. The chairman of the NSBA board, Michael Canty from Alloy precision technologies, emphasized the need for predictable tax policy, which ensures that small companies are not disproportionately affected.
“Since the congress uses a discussion for tax extensions or tax reforms, it is absolutely necessary that small companies receive tax stability, predictability and durability, not to mention parity with larger companies,” said Canty.