DES MOINES, IOWA (April 15, 2025) — The National Federation of Independent Business (NFIB), the nation’s leading small-business-advocacy organization, released a new report outlining the benefits the 20% Small Business Tax Deduction will bring to Iowa if made permanent. The report also spotlights that the 282,000+ small businesses in Iowa could face significantly higher taxes if Congress does not make the 20% Small Business Tax Deduction permanent this year.