Aug 30, 2021 | Family Businesses, Family Enterprise USA, In The News
Have Your Voice Heard in Congress. Please Take Action Today!!! by By Mark J. Richards, The Madison Group, Inc It has always been important for a business to adapt and manage change. The culture of many successful family enterprises has evolved to use their closely...
Jun 15, 2021 | Family Businesses, Family Enterprise USA, In The News
Thank you to BNY Mellon Wealth Management for this report. Managing and mitigating the drag of taxes is a key component of our Active Wealth approach. Here’s a look at how it can unlock value across generations. When it comes to wealth management, planning is...
May 26, 2021 | Estate Taxes, Family Enterprise USA, In The News
The estate tax (also known as the death tax) is one of three taxes on assets and businesses passed from one person to another, whether through wills, trusts, or gifts. The other two are the gift tax and the generation-skipping transfer tax. They all have similar rules...
May 11, 2021 | Family Businesses, Family Enterprise USA, In The News
By Torsten M. Pieper, Franz W. Kellermanns, Joseph H. Astrachan & Nina Anique Hadeler The Importance of Family Businesses’ Contribution to the U.S. Economy A survey provides some updated figures Everyone involved with family businesses knows that those businesses...
Apr 30, 2021 | Estate Taxes, Family Enterprise USA, In The News, Taxes
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...
Apr 13, 2021 | Family Enterprise USA, In The News, Taxes
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report. The Biden administration released its fiscal year (FY2022) discretionary budget request, also known as the “skinny budget.” The request proposes $769 billion in non-defense...
Mar 17, 2021 | Budget Deficit, Family Enterprise USA, In The News, Income Taxes
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report. Over The Weekend Now that the American Rescue Plan (P.L.117-2) has been enacted, lawmakers are pivoting to consider economic recovery legislation. Up first in House will be...
Feb 16, 2021 | Estate Taxes, Family Businesses, In The News, Income Taxes, Taxes
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report. The House Ways and Means Committee released legislative text for its portion of the COVID-19 relief package both chambers have begun advancing through the budget...
Feb 12, 2021 | Estate Taxes, Family Businesses, In The News, Income Taxes, Taxes
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report. Over the Weekend Appearing on the Sunday talk shows, Treasury Secretary Janet Yellen advocated for President Biden’s American Rescue Plan partially in response to...
