For Brandon, these aren’t savings on paper. They’re the difference between sourcing parts overseas and onshoring that work to Iowa — expanding into aerospace and defense manufacturing to supply critical components American companies rely on.
What the Working Families Tax Cuts mean for Iowa businesses:
🔧 Permanent 20% small business deduction — Business owners avoid a tax hike and keep more capital to hire and expand
🏭 100% bonus depreciation — Manufacturers and farmers can write off new machinery and equipment the year they buy it, not years later
📈 Higher Section 179 expensing cap — Equipment-heavy operations can make major investments with more certainty and less red tape
💡 Full R&D expensing restored — Small businesses can deduct research and development costs upfront, keeping innovation rooted in Iowa
Why it matters: When owners like Brandon have the…
