Small business owners expecting higher taxes as deduction ends

Host: Adam Gardiner

A tax deduction for small businesses is set to expire in 2025. That could spell disastrous effects for the thousands of small businesses here in Utah. We take a deeper look into policy around those taxes and what can be done to ensure the deduction continues, similar to deductions to major corporations. Casey Hill, Utah State Director for the National Federation of Independent Business (NFIB) explains how this issue won’t just affect business owners, but also those who frequent small businesses.

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