Most restaurants are small businesses that operate on very thin margins – often with just 16 days of cash on hand. Tax policies like the Employee Retention Tax Credit (ERTC) and the Small Business Tax Deduction have allowed restaurants to invest in hiring, training and professional development. However, the Infrastructure Bill passed by Congress in November cuts short the ERTC and other legislation would raise the threshold at which the Small Business Tax Deduction gets applied. Restaurants are already struggling to survive and rebuild from the pandemic, penalizing them with harsh tax policies will force many more to close their doors for good.