The data is in! See what family owned businesses are saying about today’s challenges and opportunities.
Trump Gives the Green Light for a Clean CR: House Republicans have introduced a short-term continuing resolution (CR) to fund the government through Nov. 21 to avoid a shutdown by the Sept. 30 deadline. House Republicans want to vote on it this week, but the Senate may struggle to vote before its in-state work period (Sept. 20–28). Read More…
Gallego Introduces Bill to Include Auto-Gratuity Under No Tax on Tips: Sen. Ruben Gallego (D-AZ) introduced the No Tax on Large Party Tips Act, which would include automatic gratuities and recommended tips under the “no tax on tips” provision of the One, Big, Beautiful Bill Act (OBBBA, Public Law 119-21). The bill would treat auto gratuities as cash tips for income tax purposes. Read More…
Governors Work with Trump Administration to Protect Wind Energy: President Trump has sought to halt several major offshore wind projects along the East Coast in Democratic-led states, but the $10.8 billion Coastal Virginia Offshore Wind project has so far been spared, largely due to support from Gov. Glenn Youngkin (R-VA). Gov. Youngkin has privately advocated for the project and asked the administration not to target the Virginia project, which is about 60% complete. Read More…
The Corporate Alternative Minimum Tax Returns: Sens. Angus King (I-ME), Elizabeth Warren (D-MA), John Hickenlooper (D-CO), Ed Markey (D-MA) and Sheldon Whitehouse (D-RI), along with Rep. Don Beyer (D-VA), have raised concerns that new Treasury Department and Internal Revenue Service (IRS) guidance has weakened the corporate alternative minimum tax (CAMT). Read More…
Moreno Introduces Bill Targeting Outsourcing: Sen. Bernie Moreno (R-OH) introduced the Halting International Relocation of Employment (HIRE) Act, which would impose a 0.25% excise tax on wages made to foreign employees for services that benefit Americans. It also prohibits companies from deducting those payments. Read More…
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The need for fact-based reporting of issues important to family owned businesses and protecting a lifetime of savings has never been greater. Now more than ever, successful families and family owned businesses are under fire. That's why Family Enterprise USA is passionately working to increase the awareness of issues important to family owned 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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