Oct 30, 2024 | Family Businesses, Estate Taxes, Family Owned Business, Income Taxes, Taxes
An increase in income tax rate means you'll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save...
Sep 18, 2024 | Family Businesses, Estate Taxes, Family Owned Business, Income Taxes, Pat Soldano, Taxes
Make Your Voice Count: Share How Tax Policies Impact Your Family Business The House Ways & Means Committee wants your input on key tax issues. Submit your comments today through the new Comment Portal! Pat Soldano’s latest article, published by Family Business...
Dec 27, 2017 | Estate Taxes
Highlights of recently enacted Tax Reform Bill (HR1 “Tax Cuts and Jobs Act of 2017”) Individuals Double the estate, GST and gift tax exemption ($5.6 million to $11.2 million, indexed for inflation) for estates of decedents dying and gifts made after December 31, 2017,...
Jun 24, 2025 | Family Businesses, Estate Taxes, Family Owned Business, Income Taxes, Taxes
Your Voice Matters. Urge your representatives in Congress to extend and enhance the tax provisions of the TCJA. Click Here. House and Senate Republicans are charging toward their self-imposed July 4 deadline for passage of their multi-trillion-dollar reconciliation...
Jun 17, 2025 | Family Businesses, Estate Taxes, Family Owned Business, Income Taxes, Taxes
Your Voice Matters. Urge your representatives in Congress to extend and enhance the tax provisions of the TCJA. Click Here. We’ve completed our initial analysis of the Senate Finance Committee’s legislative text. Below is a detailed summary along with key...
Jun 12, 2025 | Family Businesses, Estate Taxes, Family Owned Business, Income Taxes, Taxes
Your Voice Matters. Urge your representatives in Congress to extend and enhance the tax provisions of the TCJA. Click Here. The Senate Republicans continue to meet internally and with stakeholders regarding the provisions of a reconciliation package (H.R. 1). ...
Jun 5, 2025 | Taxes
The Tax Cuts and Jobs Act (TCJA) is set to expire at the end of 2025, putting key tax provisions that support America’s family-owned businesses at risk. These businesses generate nearly 60% of U.S. jobs and contribute 54% of the nation’s GDP. Your voice matters. Urge...
Jun 4, 2025 | Family Businesses, Family Enterprise USA, Family Owned Business
The data is in! See what family owned businesses are saying about today’s challenges and opportunities. Read the 2025 Annual Survey Executive Survey now! Click here. In a year marked by political transition, economic unpredictability, and the looming sunset of the...
May 12, 2025 | Family Businesses, Estate Taxes, Family Enterprise USA, Family Owned Business, Income Taxes, Taxes
The data is in! See what family owned businesses are saying about today’s challenges and opportunities. Read the 2025 Annual Survey Executive Survey now! Click here. Key Takeaways and Implications of this Initial Tax Language On Friday evening, Ways and Means...
May 10, 2025 | Family Businesses, Estate Taxes, Family Enterprise USA, Family Owned Business, Income Taxes, Taxes
The data is in! See what family owned businesses are saying about today’s challenges and opportunities. Read the 2025 Annual Survey Executive Survey now! Click here. Tax Update: House Ways and Means Committee Notices Tuesday Markup, Releases Preliminary Legislative...
Apr 11, 2025 | Family Businesses, Family Enterprise USA, Family Owned Business, Video Post, Watch & Listen
The data is in! See what family owned businesses are saying about today’s challenges and opportunities. Read the 2025 Annual Survey Executive Survey now! Click here. IFA’s recent webinar, Protecting the Legacy of Family Businesses & Successful Individuals in...