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 18, 2021 | Estate Taxes, Family Businesses, Family Enterprise USA, In The News, Income Taxes, Taxes
On Wednesday, May 12, the House Ways & Means Select Revenue Measures Subcommittee held a hearing titled “Funding Our Nation’s Priorities: Reforming the Tax Code’s Advantageous Treatment of the Wealthy.” The following witnesses testified at...
May 13, 2021 | Estate Taxes, Family Businesses, Family Enterprise USA, In The News, Income Taxes, Taxes
Earlier today, Congressman Jodey Arrington (R-TX) and Congressman Henry Cuellar (D-TX) and Senator Tom Cotton (R-AR), on a bipartisan, bicameral basis, introduced the Estate Tax Rate Reduction Act of 2021. This legislation would reduce the estate, gift and generation...
May 11, 2021 | Estate Taxes, Family Businesses, Family Enterprise USA, In The News, Income Taxes, Taxes
Register Now Pat Soldano will be apeaking on “Family Business Economic Impact, Family Business Issues and Voter Attitudes”. Family Businesses employ 59% of all workers in the US and generate 54% of GDP, (“2021 Contribution of Family Businesses to the US...
May 4, 2021 | Family Businesses, Family Enterprise USA, In The News
We hope you will join us for a FEUSA update call on May 6, 2021 at 12pm PT or 3pm ET. Below is the Zoom Webinar agenda for the noteworthy speakers who will be talking on current legislative and political agendas and platforms: Welcome by Pat Soldano and intro Frank...
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 23, 2021 | Family Businesses, Family Enterprise USA, In The News
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report. Next week, President Biden is expected to reveal details about his American Families Plan proposal, which will focus on paid family leave, free community college, and other...
Apr 22, 2021 | Family Enterprise USA, In The News, Taxes
By Laura Davison and Allyson Versprille / Bloomberg Government President Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6%, which, coupled with an existing surtax on investment income, means that federal tax rates for...
Apr 20, 2021 | Family Businesses, Family Enterprise USA, In The News
We hope you will join us for a FEUSA update call on May 6, 2021 at 12pm PT or 3pm ET. Hear the following noteworthy speakers talk on current legislative and political agenda and platforms: Patrick O’Connor, Legislative Assistant to Congressman Henry Cuellar of...
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...
