News & Updates
Family Business News, Issues, Annoucements, Webinars, Updates, & More
Important information that may affect you! Corporate Transparency Act – Webinar Recording
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...
IRS Clarifies Payroll Tax Deferral Is at Employer’s Discretion
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...
Bechtel Group Foundation Establishes Bechtel COVID-19 Relief Fund in Partnership with GlobalGiving
The Bechtel Group Foundation will donate $3 million to communities across the world coping with the coronavirus pandemic, in partnership with the crowdfunding nonprofit GlobalGiving. The newly established Bechtel COVID-19 Relief Fund will support local nonprofit...
Tyson Foods adopts weekly coronavirus testing for workers
Tyson Foods is launching weekly on-site coronavirus testing for employees at all 140 of its U.S. production facilities, making it one of the first major American employers to commit to such regular and expansive testing of its workforce. The food conglomerate behind...
This Is The Problem With Life Insurance As A Solution To The Estate Tax Issue
Family Enterprise USA is the organization that represents all family businesses on a national level in DC; it is not unique to...
Lee Company pivots to aid ventilator-making effort
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...
