Feb 15, 2023 | Family Businesses, Family Owned Business, In The News, Next Gen, Taxes
Click to Read the 2023 Family Business Survey Results & Summary by Mark J. Richards, The Madison Group Sometimes our perceptions are formed by the words that are chosen. An example is the renaming of the estate tax as the “death tax,” which had the impact of...
Nov 11, 2022 | Family Businesses, Family Enterprise USA, Family Owned Business, In The News, Taxes
Join us in asking Congress to stop taking a lifetime of savings from multi generational businesses. Forming a family office is often a logical step for families that have created substantial wealth. Indeed, many single-family offices emerged from family businesses...
Oct 19, 2022 | Family Businesses, Family Enterprise USA, Family Owned Business, In The News
Thank you to BNY Mellon Wealth Management for this report. Thoughtful estate planning and business succession strategies provide the greatest opportunity to maximize wealth for business owners. When it comes time for a business owner to transition or sell their...
Sep 20, 2022 | Family Businesses, Family Enterprise USA, Family Owned Business, In The News
By Director, Anna Johnson and Managing Director, Rachele Bouchand, Pathstone, the modern family office. A founder of a family business is often not only the driving force behind that business, but also the steward for the family’s trusts, philanthropy, property and,...
Apr 21, 2022 | Family Businesses, Family Enterprise USA, Family Owned Business, In The News
Thank you to BNY Mellon Wealth Management for this report. One way donors can meet their philanthropic goals, while gaining some tax benefits, is through the gift of a business to a public charity. Every wealth planning discussion should include a conversation about...
Mar 10, 2022 | Family Enterprise USA, In The News, Taxes
BBBA Comeback? President Biden’s first State of the Union address appears to have reignited discussions around a revised version of the Build Back Better Act (BBBA), though the president did not reference the legislation by name. During his address, President Biden...
Feb 10, 2022 | Family Enterprise USA, Family Owned Business, In The News
Have Your Voice Heard in Congress. Please Take Action Today!!! By Matt Brown, Partner, Brown & Streza LLP There are four stages of entrepreneurial business growth: wonder, blunder, thunder, and plunder. Each stage has its own opportunities and challenges. And each...
Feb 10, 2022 | Budget Deficit, Family Enterprise USA, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Build Back Better Reboot. Rep. Richard Neal (D-MA), the House Ways and Means Committee chair, and Sen. Ron Wyden (D-OR), chair of Senate Finance Committee, are cautiously optimistic negotiations over the...
Nov 18, 2021 | Family Businesses, Family Enterprise USA, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Tax Tidbit Bipartisan Infrastructure Bill Becomes Law. On Monday, President Joe Biden signed into law the Infrastructure Investment and Jobs Act, which contains $1.2 trillion in funding for traditional...
Sep 14, 2021 | Estate Taxes, Family Businesses, Family Enterprise USA, In The News, Income Taxes, Step-Up In Basis, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Below is a summary of the relevant provisions in a proposal released Monday from Ways & Means; imposing tax increases for “high-income individuals.” The proposal does include increases in the...
Sep 10, 2021 | Family Enterprise USA, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! We wanted to call your attention to draft legislation that Senators Ron Wyden and Sherrod Brown released today that would make significant changes to the taxation of partnership distributions, allocations,...
