Taxes Articles

Contact Congress. Ask your Representative to vote for the OBBB as it is passed by the Senate.

Senate’s ‘Vote-A-Rama’ Keeps Family Business-related Amendments on the Line Today, Senate voting continues on numerous filed amendments affecting family-owned businesses. Called the “vote-a-rama,” Republicans and Democrats are finalizing their votes on amendments to...

Family Business Governance, Insights on Tax Bill Status Featured in Two New Podcasts

Family Business Governance, Insights on Tax Bill Status Featured in Two New Podcasts from Family Enterprise USA   Family Business Magazine’s Bill Rock and Capitol Hill Experts, Russ Sullivan and Michael Hawthorne, Speak with Host Pat Soldano on ‘Voice of Capitol...

Contact your representatives in Congress and urge them to Oppose the Elimination of NOL Treatment in Section 461(l)

Your Voice Can Help Stop a $9 Billion Small Business Tax Hike Currently Secction 461(l) of the tax code currently says pass-through taxpayers cannot deduct “excess business losses” (i.e., losses above a cap of $250k for individuals and $500k for couples) in the...

Tax Update: Congressional Republicans Racing to Complete Tax Package

House and Senate Republicans are charging toward their self-imposed July 4 deadline for passage of their multi-trillion-dollar reconciliation package, the One Big Beautiful Bill Act (H.R. 1), with Senate Majority Leader John Thune (R-SD) pledging to bring the Senate...