With key provisions of the 2017 Tax Cuts and Jobs Act (TCJA) set to expire this year, Congress must decide how it wants to move forward when it comes to the tax code. This is notable because any potential changes to our tax system would have a profound impact on small businesses.
The latest Voice of Main Street poll shows entrepreneurs face major capital challenges and oppose the administration’s proposed spending cuts. Notably, 78% are concerned about cuts to the SBA, which provides vital resources small businesses need to succeed.
In January 2024, Colorado launched the Family and Medical Leave Insurance (FAMLI) program, offering up to 12 weeks of paid leave for workers dealing with serious health or family-related needs. While many small business owners support paid leave and value taking care of their employees, they’ve faced hurdles navigating FAMLI.
Since the U.S. Supreme Court overturned Roe v. Wade in 2022, reproductive healthcare access has changed dramatically across the country. These changes aren’t just affecting individuals—they’re also impacting small businesses. To develop a deeper understanding of how access to reproductive health services impacts entrepreneurs, Small Business Majority held three focus group discussions in January 2025 with 16 diverse small business owners from across nine states.
Small Business Majority’s latest poll shows entrepreneurs are concerned about new tariffs and mass deportations. Over half fear tariffs will hurt their business, and 77% worry about economic impact. Deportation policies also raise concern, with 69% citing potential harm to the U.S. economy and 37% to their own or suppliers’ operations.
Small business owners know it makes good business sense to care for their employees, and they also genuinely care for the people who work for them. However, they often struggle to provide key benefits, including paid family and medical leave, which they believe would help them recruit and retain their workers. A new national scientific opinion poll conducted for Small Business Majority and the National Partnership for Women & Families by Lake Research Partners found that 79% of small business owners support the creation of a national paid family and medical leave program that would guarantee employees wage replacement for up to 12 weeks, funded by 0.5% employer and employee contributions each.
Small Business Majority’s new national opinion poll of small business owners reveals that a plurality has benefited from government, private, or nonprofit programs designed to support a specific demographic group. This includes government agencies and federally-backed programs such as SBA’s 8(a) program, Women’s Business Centers and the Restaurant Revitalization Fund as well as private grant and loan programs, consulting through chambers of commerce, and support provided through business incubators and accelerators. These programs have helped them with general business success and growth, access to capital and one-on-one mentoring and guidance.
Small Business Majority’s new national opinion poll of small businesses reveals that they believe they’re not competing on a level playing field in the federal tax system with large corporations. While many small business owners are aware of and take advantage of the 20% pass-through deduction, the benefits of this deduction are skewed in favor of a small number of the wealthiest businesses. As a result, they support several reforms, including a fixed standard deduction. Additionally, entrepreneurs support maintaining increased IRS funding so that they can properly execute their mission to improve customer service and increased audits of wealthy taxpayers and large corporations.
Looking at the 100 largest metro areas in the United States, ICIC and Small Business Majority developed an interactive map tool that visualizes small business outcomes at the census tract level. Combining numerous public and private data sources, the tool offers users a unique perspective on how revenue and employment size may vary by the racial and economic characteristics of the owner and the neighborhood where the business is located.
This multifaceted study that examines how small businesses adopted new digital technologies during and after the pandemic. While many small businesses have adopted new tools to support their growth, the report also reveals that challenges remain, especially for businesses with less revenue. For this report we surveyed small business owners on several distinct topics, such as general digital literacy and broadband access, online presence, accounting, finance and point-of-sale technology, customer relationship management systems, human resources, cybersecurity, and artificial intelligence.
