We’ve completed our initial analysis of the Senate Finance Committee’s legislative text. Below is a detailed...
Taxes Articles
Will “The One Big Beautiful Bill” Deliver for Family Businesses? Pat Soldano breaks it down.
‘Big Beautiful’ tax bill gets Senate review as family businesses anticipate tariff impactBy Pat Soldano | Family...
Tax Update: Senate Republicans Finalizing Tax Bill Changes
Senate Republicans continue to weigh counterproposals to key provisions of the House-passed reconciliation package,...
Debt-Ceiling Deal Proposes Adjustment to IRS Funding and More
On Saturday, May 27, House Speaker Kevin McCarthy (R-CA) and President Joe Biden reached an agreement to suspend the...
Debt-Ceiling Deal Update, Bipartisan 1099-K Proposal, Supreme Court Ruling, and More
Negotiators Highlight Progress on Debt-Ceiling Deal Despite Lack of Public Agreement on Legislative Framework....
Make Your Voice Heard: Contact Your Representatives Now
We Need Your Help! Do It Now! Contact Your Representatives in Congress. We Need Them to Join the Congressional...
June 2nd Event: Important Tax Issues Affecting Successful Individuals, Family Offices and Family Businesses
We hope you've enjoyed this article. While you're here, we have a small favor to ask... As we prepare for what...
Treasury and IRS Issue Guidance, Senate Scrutinize Tax Practices, Tax Writers Assert Jurisdiction Over Agreement
Senate Democrats Scrutinize Tax Practices of Pharmaceutical Companies, While Republicans Take Aim at Pillar Two. On...
June 1st Event: Critical Tax Issues Impacting Successful Individuals, Family Offices and Family Businesses
We hope you've enjoyed this article. While you're here, we have a small favor to ask... As we prepare for what...
It’s Time to Speak Up: Contact Your Representatives Now
We Need Your Help! Do It Now! The Caucus meeting is 5/16. Contact Your Representatives in Congress. We Need...
Your Voice Matters! Contact Your Representatives Today.
We Need Your Help! Do It Now! The Caucus meeting is 5/16. Contact Your Representatives in Congress. We Need...
Debt-Limit Increase Discussions, Taiwan Tax-Treaty, Energy & Solar, and More
Debt-Limit Increase Discussions Commence After Negotiators Mark Their Turf. President Joe Biden met with congressional...
We Need Your Help! Contact Your Representatives in Congress. Do It Now!
We Need Your Help! Do It Now! The Caucus meeting is 5/16. Contact Your Representatives in Congress. We Need...
The Future of Family Businesses: What to Expect with Tax Reform
We hope you've enjoyed this article. While you're here, we have a small favor to ask... As we prepare for what...
High Hopes for New Congressional Family Business Caucus
Published by Trusts & Estates Things are about to change for America’s largest private employer, the family...
May 16th Event: Tax Reform and Family Businesses Under Congressional Review
We hope you've enjoyed this article. While you're here, we have a small favor to ask... As we prepare for what...
Laird Coatings Founder Ed Laird Hands Over Reigns to Next Generation
Laird Coatings Founder Ed Laird Details Transition to New Family Leadership After 50 Years, in New Video by Family...
How the New Tax Law Will Affect Family Businesses: A Congressional Perspective
We hope you've enjoyed this article. While you're here, we have a small favor to ask... As we prepare for what...
House Passes GOP Debt-Ceiling Bill, With Cuts to Spending and Green Energy Incentives
On Wednesday, April 26, the House of Representatives voted to pass the GOP proposal to avert the impending government...
Green-Energy Tax Credits, Proposal Faces Rejection, Business Tax-Incentive, and More
House GOP Offers Repeal of Green-Energy Tax Credits and Expanded IRS Funding in Initial Debt-Ceiling Proposal. On...
May 10th Tax Policy Event Focuses On Family Businesses
May 10 New York Presentation Showcases Expert Discussion on Tax Policies Facing Congress, Impacts on Family Businesses...
Treasury and IRS Under the Spotlight, SALT New Proposal, FedEx Court Victory, and More
Treasury and IRS Under the Spotlight at Upcoming Congressional Tax Hearings. On Wednesday, the House Committee on Ways...
The Power of America’s Family Businesses is All in the Numbers
Family businesses continue to anchor America’s economy. Every year we conduct research on America’s largest...
Study Finds High Personal Tax Levels Concern Largest US Private Employer: Family Businesses
High Personal Tax Levels Top Concerns of America’s Largest Private Employer, Family Businesses, New Study Finds New...
Debt Ceiling Negotiation, FY2024 Budget Hearings, Lower Energy Costs Act, and More
General Updates Programming Update: This newsletter will be taking a hiatus during the congressional recess. We...
Treasury Department, Eliminate OECD Funding, Bipartisan Group Rebuffs Biden and More
Treasury Department and IRS Release Preliminary Guidance on Semiconductor Tax Credit. On March 23, the Treasury...
Senators Renew Efforts, Yellen Defends 2024 Budget Proposals, CBO Report, and More
Senators Renew Efforts to Reverse R&D Tax Modification. Last Friday, a bipartisan coalition of 12 senators...
FY2024 Budget Request Includes Tax Proposals for Wealthy Americans. Summary and Analysis.
On Thursday, March 9, President Joe Biden released his $6.9 trillion Budget and various accompanying documents....
Biden Budget Proposal, Committee Updates, IRS Leak Investigations, and More
Tax Tidbit Biden to Release 2024 Budget Proposal Later this Week. On March 9, President Joe Biden will send his...
Taxation & Representation, Senate Confirmation, House Set to Vote, and More
Tax Tidbit Werfel Faces IRS Funding Questions on Route to Likely Senate Confirmation. On Wednesday, Feb. 15, the...
Inheritance VS. Private Capital
by Mark J. Richards, The Madison Group Sometimes our perceptions are formed by the words that are chosen. An example...
Ways and Means Potential Legislative Agenda
Ways and Means Chair Jason Smith’s Potential Legislative Agenda Following two rounds of votes, the House Republican...
U.S. Debt Limit: Current Landscape and Key Takeaways
On Jan. 19, 2023, the United States government reached its $31.4 trillion borrowing limit, which was signed into law...
Lawmakers Look to 2023 for Tax Priorities Following Omnibus Passage
On Dec. 29, President Joe Biden signed the nearly $1.7 trillion Consolidated Appropriations Act of 2022 into law,...
Omnibus Funding Bill Scraps Most Tax Provisions; Includes Retirement Savings Bill
Lawmakers released the text for the $1.7 trillion fiscal year 2023 omnibus appropriations bill. The package contains...
Looking Ahead: State Policy Trends for 2023
In 2023, all 50 state legislatures will convene, including biennial legislatures. Nationwide, state legislatures will...
Washington Updates – Rail Strike, Health Care, Tax, & More
General Updates Congress Acts to Avert Freight Rail Strike: Congress passed a bill this week to implement the terms of...
The Use Of Defined Value Gift Clauses
The last several years have seen an unprecedented level of wealth transfer transactions, including interests in...
118th Congress Tax Agenda. Taxation & Representation.
Election Results Update: With the results of the midterm election almost final, control of the House and the Senate in...
Post-Midterms Analysis
As votes continue to be counted, it is clear the election was unexpectedly tighter—and better for Democrats—than most...
PODCAST: 2022 Midterm Panel Post-Election Follow Up
Nov. 8 has come and gone, but control of Congress is still up in the air. While the predicted “red wave” failed to...
Is a For-Profit Family Office Right for You?
Forming a family office is often a logical step for families that have created substantial wealth. Indeed, many...
Analysis of the Mid-Term Elections
Our thanks to Squire Patton Boggs for this report. To read more of this analysis and learn more about specific...