Sep 8, 2020 | Family Businesses, FEUSA, Taxes
The Corporate Transparency Act will create significant privacy concerns for families, family business and family offices. Specifically, this bill: Requires corporations and limited liability companies disclose their true, beneficial owners to FinCEN at the time the...
Sep 7, 2020 | Family Businesses, FEUSA, In The News, Taxes
During an Internal Revenue Service monthly payroll teleconference today, Kelly Morrison-Lee, an agency attorney, confirmed that the payroll tax deferral is optional at the discretion of the employer. This confirms that employers, not employees, have the choice of...
Aug 26, 2020 | Estate Taxes, Family Businesses, State Death Tax
If you are not an FEUSA Member, JOIN now! Family Enterprise USA is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. FEUSA is different from other organizations because it represents and...
Aug 24, 2020 | COVID-19, Family Businesses, FEUSA
As General Motors and other companies push to make ventilators to help COVID-19 patients streaming into U.S. hospitals, the Lee Company of Westbrook, Conn., has adjusted its systems to join the effort. The family company, founded in 1948, makes miniature hydraulic...
Aug 22, 2020 | COVID-19, Family Businesses, FEUSA
It’s a good time to be in the e-commerce business – but not exactly an easy time. “We didn’t think a global pandemic would be good for e-commerce, but it’s been fantastic for our business,” said Eric Weisser, senior vice president and majority owner of Weisser...
Aug 21, 2020 | COVID-19, Family Businesses, In The News
Symptomatic employees in Michigan, Kentucky, Missouri and Illinois will be tested at area healthcare facilities in order to get results within 24 hours. Ford announced on May 16 that it had signed contracts with health systems in four metro areas with major company...
Aug 19, 2020 | COVID-19, Family Businesses, In The News
In the midst of the COVID-19 surge in the United States, help has been needed across many fronts as the nation deals with an unprecedented pandemic. This year’s NASCAR Salutes Refreshed by Coca-Cola program is more than just a military appreciation platform – it’s a...
Aug 16, 2020 | COVID-19, Family Businesses, In The News
Newsagents, and supermarkets, convenience stores, and petrol station staff are among the front-line worker’s News Corp thanks in its latest print campaign. The ‘Thank You’ campaign launches today across the company’s regional and metro newspapers and will run...
Aug 15, 2020 | FEUSA, In The News, Taxes
On Saturday, Aug. 8, 2020, President Donald Trump signed four executive orders (EO) to defer payroll taxes, set up an assistance program for lost wages to supplement unemployment benefits, extend the federal moratorium on evictions and defer student loan payments....
Aug 14, 2020 | COVID-19, Family Businesses, In The News
Walmart CEO Doug McMillon said Tuesday that the company is considering implementing employee testing for the novel coronavirus. Walmart’s testing approach could include diagnostic tests to confirm COVID-19 infections in employees, as well as antibody testing to...
