Dec 15, 2021 | Family Businesses, Family Enterprise USA, Family Owned Business, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Tax Tidbit Senate Finance Committee Democrats Update Build Back Better. On Saturday afternoon, Senate Finance Committee Chair Ron Wyden (D-OR) released legislative text for the committee’s portion of the...
Dec 8, 2021 | Family Enterprise USA, In The News, Income Taxes, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Tax Tidbit Build Back Better Timeline. Senate Majority Leader Chuck Schumer (D-NY) has consistently said for months that he wants the Senate to approve the Build Back Better Act before Christmas. He now...
Dec 7, 2021 | Family Enterprise USA, In The News, Income Taxes, Taxes
Contact Your Member of Congress - It Only Takes 35 Seconds The House and Senate will reconvene Tuesday at noon and Monday at 3 p.m., respectively. The House and Senate are scheduled to leave Washington after this week for the holiday season, though they will likely...
Dec 6, 2021 | Family Businesses, Family Enterprise USA, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! As inflation concerns rise, Senators Manchin (D-WV) and Sinema (D-AZ) will not commit to voting for the Build Back Better (BBB) Act before Christmas – Senate Majority Leader Schumer’s target timeline. ...
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...
Nov 11, 2021 | Family Businesses, Family Enterprise USA, Family Owned Business, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! The Senate is set to pass the Infrastructure Investment and Jobs Act (“IIJA”), a five-year, $1 trillion comprehensive infrastructure package that includes funding for transportation – roads, bridges,...
Oct 20, 2021 | Family Businesses, Family Enterprise USA, In The News, Income Taxes, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Tax Tidbit Democratic Patience Wearing Thin. Negotiations around the bipartisan infrastructure framework and the partisan budget reconciliation package continue, but little progress appears to have been...
Oct 6, 2021 | Family Businesses, Family Enterprise USA, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Tax Tidbit Where In the Tax World Are Manchin and Sinema? The contents and scope of the Build Back Better Act—the budget reconciliation measure through which congressional Democrats are attempting to enact...
Sep 28, 2021 | Budget Deficit, Family Businesses, Family Enterprise USA, In The News, Income Taxes, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Please read below and tell your member of the House and Senate what you think!!! You must do it now as a vote could happen soon. Protect your generationally owned family business and a lifetime of savings!...
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,...