A Win for Small Business: House-Passed Budget Bill Delivers Key Tax Relief and Growth Incentives
The U.S. House of Representatives took a step forward for small business last week by narrowly passing a major budget reconciliation package that could mark a turning point for small businesses across Pennsylvania and the nation. For members of the PA Chamber, this legislation represents a significant step forward in the fight for a more competitive, growth-oriented tax environment.
At the heart of the bill are tax reform provisions that would benefit small businesses—many of which have been long-standing priorities for the PA Chamber and its members. These reforms build on the foundation laid by the 2017 Tax Cuts and Jobs Act (TCJA), extending and enhancing key tax incentives that have helped our Commonwealth’s small businesses invest, hire, and thrive.
READ FULL ARTICLE FROM THE PA CHAMBER OF BUSINESS AND INDUSTRY