net operating loss carryback

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

Small Business Taxes Bleed Startup Cash 2025 Law

Small Business Taxes Bleed Startup Cash 2025 Law The 2025 Reconciliation Law forces small businesses, especially SaaS startups, to surrender a larger slice of earnings to the IRS, draining cash flow until refunds arrive. According to the 2026 State Tax Competitiveness Index, $2.5 billion is being redirected toward payroll