Small businesses urge on tax deductions after GOP wins 

By The Hill | Created at 2024-11-19 17:51:23 | Updated at 2024-11-19 20:54:04 3 hours ago
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Small business owners could face major tax increases at the end of 2025 and are urging tax deductions for the newly elected chambers and administration.   As part of the 2017 Tax Cuts and Jobs Act (TCJA), small business owners were allowed to deduct up to 20 percent of their income to help cover their…
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