News & Updates
Family Business News, Issues, Annoucements, Webinars, Updates, & More
Colette’s Catering: Managing Business During Pandemic
Early March or late February, we began to get the postponement and cancellation calls for our upcoming catering events and weddings. Many would postpone and reschedule, more than once even, but not all. Some just wanted us to give back their full deposits, and we had...
A Tough Road Ahead for Democrats’ Ambitious Policy Agenda
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.President Joe Biden campaigned on a promise to address income inequality and ensure that corporations, especially those that offshore jobs, pay their fair share. Biden now...
Hydraflow: Operating Business During Pandemic
We sent out our first memo regarding COVID-19 government recommendations on March 11 to employees. Then there were a rapid series of emails because the government recommendations kept changing. On March 27 we divided Hydraflow in 4 sections and people were not...
Loutech: Dealing with COVID-19
The unraveling of the economy was not in the plans for Loutech in So Cal. We thought we would be bringing our machining capacity to at least 95% from the existing 75%, improving our Quality system, and building our 100+ strong workforce. Instead, we found ourselves...
Root Family of Florida and COVID-19
Our 120 year old family business operates a commercial real estate business with a staff of 13 in our offices. Our approximately 50 tenants employ 1000’s of people, jobs, lives that depend on us. From grocery baggers to Fortune 500 CEO’s. Every possible employment...
Pomerleau Real Estate Supports Local Community During COVID19
We placed local ads….”support local business”/ thank you ads and inspirational…not only good to community to see, but helps local newspapers who are getting killed with no advertising. Also doing stories on non profits organizations that need business and survive on...
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...
Family Business Survey Highlights Estate Tax As The #1 Economic Public Policy Priority Issue
2021 FEUSA Family Business Survey Highlights Estate Tax As The #1 Economic Public Policy Priority Issue For Family Businesses Washington DC, May 9, 2021: Family Enterprise USA, releases results of FEUSA 2021 Family Business Survey revealing that while Income Tax is...
Last Chance To Register to Hear About Current Legislative Agendas
We hope you will join us for a FEUSA update call on May 6, 2021 at 12pm PT or 3pm ET. Below is the Zoom Webinar agenda for the noteworthy speakers who will be talking on current legislative and political agendas and platforms: Welcome by Pat Soldano and intro Frank...
An Inside Look at Seven Family-Owned Businesses
How each one handled the challenges posed by the pandemic By Patricia N. Soldano & Dawn S. Markowitz Mention the word “COVID-19” to a family business owner, and it’s a sure way to elicit a variety of responses. For some, the pandemic brought new and innovative...
Biden Administration Tax Proposals Included in the American Jobs Plan and American Families Plan
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report.The American Jobs Plan and American Families Plan together include a wide variety of changes to the Tax Code, building on the tax proposals included in the already-passed American...
What is the House and Senate Step Up In Basis Elimination Legislation?
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report.Next week, President Biden is expected to reveal details about his American Families Plan proposal, which will focus on paid family leave, free community college, and other...
Biden to Propose Capital Gains Tax as High as 43.4% for Wealthy
By Laura Davison and Allyson Versprille / Bloomberg GovernmentPresident Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6%, which, coupled with an existing surtax on investment income, means that federal tax rates for...