Jan 20, 2021 | COVID-19, Family Businesses, In The News
TAX TIDBIT Advancing the Biden Tax Policy Agenda. With Jon Ossoff and Raphael Warnock winning both Senate runoff elections in Georgia last week, the Senate will be evenly divided 50-50 this Congress. A newly sworn-in Vice President Kamala Harris will give Democrats...
Dec 16, 2020 | Family Enterprise USA, In The News, Income Taxes, Taxes
On Nov. 17, the Treasury Department and the Internal Revenue Service (IRS) released the agency’s initial 2020-2021 Priority Guidance Plan (PGP), which will serve as a blueprint for forthcoming regulatory guidance from the agency between July 1 and June 30, 2021. The...
Oct 30, 2020 | Family Businesses, Family Enterprise USA, In The News, Taxes
The House Ways and Means Committee Chair Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX) introduced the Securing a Strong Retirement Act of 2020. The bill, which expands on the bipartisan Setting Every Community Up for Retirement Enhancement (SECURE) Act...
Jul 20, 2020 | COVID-19, Family Business Stories, Family Businesses, Family Enterprise USA
Inspiration had struck, and Melissa Johnson was going with it. “As I’ve grown older, I can’t say I’ve necessarily grown wiser. I know there is a whole lot I don’t know,” she wrote in a Facebook post one recent Friday. “The only thing I know for sure is that an act of...
Jun 23, 2020 | COVID-19, Family Business Stories, Family Businesses, Family Enterprise USA
Our company was founded by my grandpa in 1953 as Seneca Sawmill. We are now owned by my mother and my two aunts. We have grown over the years and we now have 168,000 acres of timberlands that we manage sustainably (we have 92% more timber on that land than we had 25...
Jun 16, 2020 | COVID-19, Family Business Stories, Family Business Survey, Family Businesses, Family Enterprise USA, Presentation
Family Enterprise USA’s 2020 survey sheds light on factors that family business owners see as obstacles to growth. Legislators must know what is important to family business owners — what helps or hurts them when it comes to operating their businesses and creating...
May 26, 2020 | COVID-19, Family Enterprise USA, In The News
The Senate has left for their Memorial Day district work period. When the upper chamber returns on June 1, it’s likely to focus on clearing pending presidential nominations as House Democrats and Senate Republicans remain far apart on the next round of COVID-19...
May 24, 2020 | COVID-19, Family Enterprise USA, In The News
While the world is slowly starting to open up and move toward “normal,” it seems as if DC has already gotten there – politically at least. After passing four stimulus bills on a pretty bi-partisan basis – and racking up almost $3 trillion in spending – political...
May 19, 2020 | Family Enterprise USA, In The News
By Hedda Schuapak, Family Business Magazine. NextGens’ innovative ideas can revitalizes their family companies. Here are three examples. When twin sisters Jenny Dinnen and Katie Rucker took over MacKenzie Corp., an analytics firm in Lake Forest, Calif., in 2013,...
Apr 22, 2020 | COVID-19, Family Enterprise USA, In The News
The U.S. Senate gave its approval yesterday to a $500 billion interim coronavirus relief measure providing additional funding for small businesses, hospitals and health providers, and other national COVID-19 priorities (discussed further below). But the biggest news...