small business tax savings

The Impact of the 2025 Reconciliation Law’s Tax Changes on Small Businesses and Lessons for Future Tax Reform — Photo by Mark

30% Loss for Small Business Taxes Reduces Savings

The 2025 reconciliation law can cut small business tax deductions by up to 30%, wiping out a sizable portion of the usual deduction cushion for common expenses. In practice, owners will see lower SALT caps, reduced mileage rates, and tighter home-office limits, forcing a rethink of cash-flow planning. Financial Disclaimer: