In the News | Bloomberg Tax
Renewing a small business tax deduction is crucial for US growth
July 2, 2025 · Authored by Dinh Tran, Cameron G. Johnson, Brad Mowell
As Congress considers tax priorities for small businesses, one key deduction is on the line. Baker Tilly’s Brad Mowell, Dinh Tran and Cameron Johnson discuss in Bloomberg Tax why renewing the Section 199A qualified business income deduction is essential for U.S. small business growth and what’s at stake if it expires.
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