Make Your Voice Count: Share How Tax Policies Impact Your Family Business
Sign-up for Fall Congressional Family Business Caucus Meeting Set for Sept. 18; Focus on Family Enterprise Structure, Expiring Taxes
Longworth Building Meeting Features Caucus Co-Chairs, Panel of Family Business, Family Office and Center Executives on Tax Issues Facing Family Businesses
Plans are finalizing for the last bi-partisan Congressional Family Business Caucus of 2024 set for Sept. 18. This meeting’s focus is on family enterprise structure, expiring tax legislation, and other critical issues facing America’s family businesses.
The Sept. 18 Caucus meeting will be held in the Longworth Building on Capitol Hill and will run from 4PM to 5PM, with a reception following from 5PM to 6PM. The meeting is open to invited guests. Attendance is limited so sign up now.
For more information, or to attend, the Caucus contact John Gugliada, Director of Family Business Engagement, Family Enterprise USA at: jgugliada@family-enterpriseusa.com. Or contact John Marino, Director of Family Office Engagement, Policy and Taxation Group, jmarino@policyandtaxationgroup.com.
The meeting’s focus is “Enterprise Structure,” dealing with the tax inequities of pass-through structured entities, of which over 80% of family businesses are organized. In addition, discussions will also focus on the tax issues surrounding Tax Cuts and Jobs Act, expiring at the end of 2025. The bipartisan Congressional Family Business Caucus now has 50 House members, and often features several of the four co-chairs, which are Rep. Brad Schneider (D-Ill), Henry Cuellar (D-TX), Rep. Claudia Tenney’s (R-NY), and Rep. Jodey Arrington (R-TX).
This meeting features a panel discussion on enterprise structures, taxes, and other issues. Panel members include: Dawn Grove, Vice President, Corporate Counsel, Karsten Manufacturing; John Zaruka, Chairman of Wedgewood Weddings; Ben MacAskill, Chief Executive Officer, Awesome; Nassar Water, Chairman, Chief Executive Officer, Trophy Automotive Dealer Group; Daniel Fisher, Senior Vice President, Government and External Affairs, Associated Equipment Distributors; Robert Mancuso, Chief Executive Officer, Capri Capitol; and David Kirk, US EY Private National Tax Partner.
The Caucus meeting is organized by Family Enterprise USA and are hosted by its President, Pat Soldano. Soldano is also President of the Policy and Taxation Group based here.
Again, if interested in attending this exciting Capitol Hill event contact:
John Gugliada, Director of Family Business Engagement, Family Enterprise USA at: jgugliada@family-enterpriseusa.com. Or, John Marino, Director of Family Office Engagement, Policy and Taxation Group, jmarino@policyandtaxationgroup.com.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill. The issues we fight for or against with Congress in Washington DC include high income tax rates, possible elimination of valuation discounts, increase in capital gains tax, enactment of a wealth tax, and the continued burden of the gift tax, estate tax and generation skipping tax.
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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