could cost individual americans but how much of a hit are small businesses looking at these days? (dbrenda buttner with a small business roundup. small biz could need a real parachute. the 2% cut in payroll taxes would expire if there is no deal and that would give the government some $95 billion in revenue but customers would have less money in their pockets to spend. also if personal tax rates go up that hits small business big as well because a majority report on the owners individual tax returns and the small businesses that rely on government contracts. they get cut if we fall as well. what to do if we do? a report from pay checks, a provider of services to small and medium sized businesses. identify tax moves to make before the end of the year to protect bottom lines. move bonuses into this year and make planned purchases now because the key deduction for the full price of assets like computers and equipment will fallne dramatically if we