Apr 20, 2023 | Estate Taxes, In The News, Taxes
Click to Read the 2023 Family Business Survey Results & Summary Treasury and IRS Under the Spotlight at Upcoming Congressional Tax Hearings. On Wednesday, the House Committee on Ways and Means will hold a full-committee hearing to discuss the green-energy tax...
Mar 22, 2023 | Family Businesses, Family Owned Business, In The News, Taxes
Read about the 2023 Family Business Survey Results & Summary. Senators Renew Efforts to Reverse R&D Tax Modification. Last Friday, a bipartisan coalition of 12 senators introduced the American Innovation and Jobs Act to increase incentives for businesses that...
Mar 8, 2023 | Budget Deficit, Estate Taxes, In The News, Income Taxes, Taxes
Read about the 2023 Family Business Survey Results & Summary. Tax Tidbit Biden to Release 2024 Budget Proposal Later this Week. On March 9, President Joe Biden will send his updated budget proposal to Congress, outlining the administration’s policy...
Jan 4, 2023 | In The News, Income Taxes, Taxes
Take A Short Survey That Assists Us In The Fight To Save Local Business Owners From Historic Tax Increases On Dec. 29, President Joe Biden signed the nearly $1.7 trillion Consolidated Appropriations Act of 2022 into law, funding the federal government through fiscal...
Dec 21, 2022 | Family Businesses, Family Owned Business, In The News, Income Taxes, Taxes
Join us in asking Congress to stop taking a lifetime of savings from multi generational businesses. Lawmakers released the text for the $1.7 trillion fiscal year 2023 omnibus appropriations bill. The package contains 12 separate appropriations bills providing a total...
Aug 10, 2022 | In The News, Income Taxes, Taxes
Join other hard-working American taxpayers in asking Congress to stop the estate tax from killing jobs and family-owned businesses. The Senate voted to pass the $750 billion Inflation Reduction Act (IRA) on Aug. 7, concluding a marathon session that began the night...
May 11, 2022 | Budget Deficit, In The News, Income Taxes, Taxes
Congressional Tax Staffers Outline Agenda. Several senior staffers on the House Ways and Means Committee and the Senate Finance Committee—Andrew Grossman, Courtney Connell, Derek Theurer and Tiffany Smith—participated in a conference on tax legislation and regulatory...
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 | 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...
Feb 4, 2022 | Budget Deficit, Family Enterprise USA, In The News, Income Taxes, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Latest BBBA Update: SALT and CTC. In addition to the American Rescue Plan Act and the Infrastructure Investment and Jobs Act, the Build Back Better Act (BBBA) was the primary legislative focus in 2021. In...
Jan 14, 2022 | Estate Taxes, Family Enterprise USA, In The News, Taxes
Have Your Voice Heard in Congress. Please Take Action Today!!! Tax Tidbit Budget Reconciliation: By the Numbers. Since 1980, Congress has passed 26 budget reconciliation bills, 22 of which have become law. During 11 of those 41 years, Congress did not pass any budget...