Beth Milito, Vice President and Executive Director of the NFIB Small Business Legal Center, and Josh Mcleod, Director of NFIB Federal Government Relations explain the recent beneficial ownership victory for small businesses, the current status of the regulatory battle, and what it means for small businesses. Beth discusses what she’s been hearing from NFIB members, and Josh explains what’s next in the fight to repeal beneficial ownership reporting.

Share your story about why it’s important to permanently overturn BOI reporting.

Learn more and stay up-to-date on beneficial ownership news: ProtectSmallBusiness.org.

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org. 

This tax season, small business owners discuss how they use the savings from the 20% Small Business Tax Deduction to invest in their business, employees, and community. NFIB members Kellie Loudin and Tim Corbitt discuss specific ways they use deduction savings and why it is crucial for Congress to make the deduction permanent to prevent a massive tax hike. U.S. Representative Mike Kelly (PA-16) is a member of U.S. House Ways and Means Committee and gives his perspective on small business policies in Congress as a small business owner, expectations for the tax bill, and the importance of small business owners getting involved and staying engaged.

Find Line 13 on your IRS form 1040.

See state-specific reports on benefits of the 20% Small Business Tax Deduction.

Send a message to urge your elected officials to make the deduction permanent.

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org.

NFIB member Michael Ervin, owner of Coal River Coffee Co. in West Virginia discusses the role of the 20% Small Business Tax Deduction in his small business a what a massive tax hike would mean for his business and employees. U.S. Representative Carol Miller (WV-01) explains her legislative priorities including her view on the Small Business Deduction, and NFIB Vice President of Federal Government Relations Jeff Brabant provides legislative updates on small business issues in Congress.

To help support small businesses in your community, please take a moment to reach out to your lawmakers in Congress and urge them to make the 20% Small Business Tax Deduction permanent before it expires this year.

Get the latest information and resources on the 20% Small Business Tax Deduction.

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org. 

NFIB member and small business owner Aileen Band, located in Daytona Beach Shores, Florida, describes how her small business recovered from being hit by two hurricanes in 2022. California’s NFIB State Director John Kabateck and Florida’s NFIB State Executive Director Bill Herrle give details on the ways NFIB connects small business owners with relevant information and ensures the voice of small business is part of the state’s natural disaster response and recovery. Together, they also discuss the resilience of small businesses fighting through the recent wildfires in California and hurricanes in Florida, and the ways small businesses give back to their communities during devastating times.

Find more rebuilding resources for small businesses affected by recent wildfires in California.

Learn more about Florida news, advocacy efforts and resources.

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org.

This bonus episode focuses on federal beneficial ownership information (BOI) reporting requirements. Executive Director and Vice President of the NFIB Small Business Legal Center Beth Milito and Vice President of NFIB Federal Government Relations Jeff Brabant explain the latest on this unconstitutional federal mandate, NFIB’s lawsuit to stop it, and the details of a victory for 32 million small businesses.

Take action and urge Congress to fully repeal the reporting requirement

Learn more on NFIB’s website

Get information directly from the Financial Crimes Enforcement Network website

Send questions to info@nfib.org

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org.

NFIB member Marcie Strouse, U.S. Representative and NFIB member Kevin Hern, and NFIB’s Principal of Federal Government Relations Josselin Castillo discuss the health insurance affordability crisis for small business. Marcie sheds light on the challenges small business owners face offering health insurance to their employees, Rep. Hern provides information on key legislation in Congress, and Castillo explains small businesses’ top priorities in health care policy.

Take Action: Tell Congress to increase health care choices and lower costs for small businesses.

Learn more: “Addressing the Health Insurance Affordability Crisis for Small Businesses” policy paper.

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org. 

While attending NFIB’s Small Business Deduction Summit, small business owners Tim Boeve, Derrick Roberts, James Tyson, and Angela Zuba discuss what the 20% Small Business Tax Deduction has enabled their businesses to do, and what would happen if Congress allows it to expire this year causing a massive tax hike. During the Summit, attendees met with members of Congress, shared how they use the deduction, and discussed the urgency to make it permanent. NFIB Vice President of Federal Government Relations Jeff Brabant explained the impact of small business owners sharing their stories directly with their elected officials and discussed updates on legislation that would stop the massive tax hike, known as the Main Street Tax Certainty Act.

You can help amplify and reinforce their message with lawmakers by sending your own personalized story on issues that affect your small business. To learn more, go to SmallBusinessDeduction.com.

A recent survey provided an in-depth look at the vital role small businesses play in their communities. NFIB member and small business owner Brian Funtleyder and NFIB Research Center Executive Director Holly Wade discuss ways small businesses contribute to their communities and NFIB’s recent survey findings. Hear the ways in which small businesses across the nation, including Brian’s are giving back to their communities and some of the ways pro-small business policies help make that possible.

• Urge Congress to make the 20% Small Business Tax Deduction permanent before it expires at the end of the year.
• Read the full research report on small businesses’ contributions to their communities.
• Urge Congress to repeal the Corporate Transparency Act and relieve small businesses of its beneficial ownership information reporting requirements.

To submit your questions or requests for future podcast topics or guests, please email podcast@nfib.org.