Today, the House Budget Committee rejected Republicans’ multi-trillion-dollar border, energy, and tax package 16 to...
Taxes Articles
House Ways and Means Committee Budget Completes Reconciliation Markup
On Tuesday afternoon, May 13, the Ways and Means Committee (“Committee”) started its markup of the tax title for the...
Translating the Initial Ways and Means Legislative Language Ahead of Tuesday’s Markup
Key Takeaways and Implications of this Initial Tax Language On Friday evening, Ways and Means Committee Chairman Jason...
The best thing you can do for your family business is …
We are reaching out today to request your help by completing the 2022 Family Enterprise USA Annual Family Business...
Budget Reconciliation: By the Numbers: Taxation & Representation and Tax Tidbit
Tax Tidbit Budget Reconciliation: By the Numbers. Since 1980, Congress has passed 26 budget reconciliation bills, 22...
Attn Family Business Owners: Use This Today To Get Your Opinions Heard Your voice, our work
We are reaching out today to request your help by completing the 2022 Family Enterprise USA Annual Family Business...
Want To Protect Your Multi-Generational Business?
We are reaching out today to request your help by completing the 2022 Family Enterprise USA Annual Family Business...
Key Dates to Watch Early This Year: Taxation & Representation and Tax Tidbit
Tax Tidbit Key Dates to Watch Early This Year. Welcome to 2022! We may have welcomed a new year, but Democrats’ policy...
Do This And Be The First To Get The DC Legislators To Help You!
We are reaching out today to request your help by completing the 2022 Family Enterprise USA Annual Family Business...
Taxation & Representation and Tax Tidbit
Tax Tidbit Senate Finance Committee Democrats Update Build Back Better. On Saturday afternoon, Senate Finance...
Taxation & Representation and Tax Tidbit
Tax Tidbit Build Back Better Timeline. Senate Majority Leader Chuck Schumer (D-NY) has consistently said for months...
Tax & Financial Services Week Ahead
The House and Senate will reconvene Tuesday at noon and Monday at 3 p.m., respectively. The House and Senate are...
Infrastructure Update – Week of November 29 – December 3
As inflation concerns rise, Senators Manchin (D-WV) and Sinema (D-AZ) will not commit to voting for the Build Back...
Build Back Better Act Passed By House! Details…
Today the House voted 220-213, along party lines to pass the Build Back Better Act. Yesterday Congressional Budget...
Help Us Take Action – Contact Congress: Stop New Tax on Individuals and Trusts and Estates
We should NOT punish success, taking a lifetime of savings from multi generational businesses, farmers, restaurant...
Taxation & Representation & Tax Tidbit
Tax Tidbit Bipartisan Infrastructure Bill Becomes Law. On Monday, President Joe Biden signed into law the...
We Can’t Continue This Fight Without You
Call to Action! There Is A New Additional Tax For Individuals And Trusts And Estates. Despite the progress we’ve made...
Update on the Bipartisan Infrastructure Deal
The Senate is set to pass the Infrastructure Investment and Jobs Act (“IIJA”), a five-year, $1 trillion comprehensive...
Taxation & Representation & Tax Tidbit, October 19, 2021
Tax Tidbit Democratic Patience Wearing Thin. Negotiations around the bipartisan infrastructure framework and the...
National Poll Results: What Biden Tax Policy Is Important To You?
by By Mark J. Richards, The Madison Group, IncWe asked the question "What Biden Tax Policy Is Important To You?"....
Taxation & Representation, October 5, 2021
Tax Tidbit Where In the Tax World Are Manchin and Sinema? The contents and scope of the Build Back Better Act—the...
Family Business Under Attack; What Budget Reconciliation Includes
Please read below and tell your member of the House and Senate what you think!!! You must do it now as a vote could...
IMPORTANT NEWS: Ways and Means Propose tax increases on Family Business and High Income Individuals
Below is a summary of the relevant provisions in a proposal released Monday from Ways & Means; imposing tax...
Estate Tax Projects Within the Treasury’s 2021-2022 Priority Guidance Plan
GIFTS AND ESTATES AND TRUSTS Final regulations establishing a user fee for estate tax closing letters. Proposed...
Senator Wyden Released Legislation: “Significant Changes To The Taxation Of Partnership Distributions, Allocations, And Gain Recognition Rules”
We wanted to call your attention to draft legislation that Senators Ron Wyden and Sherrod Brown released today that...
Family Businesses Face Pandemic Challenges and Legislative Concerns
By Patricia M. Soldano & Dawn S. Markowitz, published at wealthmanagement.com.Between January and March 2021,...
WATCH: Is Life Insurance A Solution For The Estate Tax?
Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report.While life...
How Biden’s Tax Proposals Will Affect 3rd Generation Women Owned Business
Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report.Casey Roscoe with...
National Survey Results: Biden’s New Tax Policies – Help or Hindrance?
Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report.With proposals...
Poll: What Biden Tax Policy is Important to You?
President Biden has proposed two plans which would change tax policy, The American Jobs Plan and the American Families...
UPDATE: Thune Proposed Amendment to Budget Resolution. Don’t Eliminate Step Up!
Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report.Early Wednesday...
NEWS: Thune Proposed Amendment to Budget Resolution; DON’T ELIMINATE STEP UP!
Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report.Early Wednesday...
NEW Section 199A Bill Update; Taxing Pass Through Entities
Download and read "Wyden Small Business Tax Fairness Act:Implications for Pass-through Business Owners"Candidate Biden...
2021 State by State Tax Chart Updated
Download and read "Estate Tax (Death Tax) by US State Chart"States Which Have a State Estate Tax (Death Tax) that is...
Infrastructure Update – Week of August 2-6
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report.Senate Majority Leader Chuck...
Poll Question: What Biden Tax Policy is important to you?
President Biden has proposed two plans which would change tax policy, The American Jobs Plan and the American Families...
All Republican Senators Urge President to Keep Step UP
Individuals pay a 40% tax on the FULL MARKET VALUE of their assets, when they die, not just on the appreciation of...
Hearings Review: Tax and Financial Services Committees
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report.Last week, the tax and...
Infrastructure Update – Week of June 21-25
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report.June 25, 2021 The White House...
WATCH; David Plimpton; Inolex CEO; impact of Bidens tax proposal
Watch and hear the “real story” of how the Biden tax proposals could affect a real family business as David Plimpton,...
How Much Tax Will You Pay With Biden’s Tax Plan?
President Biden has proposed an elimination of step up in basis and an increase in the capital gains tax; how much...
PLEASE! Watch short video; Destruction Of Family Businesses; Elimination Of Step Up In Basis!
President Biden has proposed the elimination of the “step up in basis,” while keeping the 40% (or higher) estate tax...
CAUTION: Elimination of Step Up in Basis Could Destroy Your Business!
While the devil is in the details, it is possible that if President Biden's elimination of step-up in basis proposal...