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,...
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...
