Aug 23, 2018 | Estate Taxes
Chairman Brady intends to have the House address the 2018 Tax Bill 2.0 when they return from August recess; note that it will include making the estate tax life exemption doubling permanent. Click here for a brief recap of the legislation. Many meetings last week in...
Jul 24, 2018 | Estate Taxes, Family Business Survey
New Survey of Family Businesses Reveals Commitments, Challenges, & Concerns Ahead Family business are key drivers of economic development, but taxes and regulations hinder growth Two-thirds of participating business owners employed more than 50 employees in 2017;...
Jul 23, 2018 | Estate Taxes
Congressman Devin Nunes (CA-22) has introduced a bill in the House of Representatives to eliminate capital gains taxes on inflation. By ending this unfair tax, the Capital Gains Inflation Relief Act (H.R 6444) will encourage both individual and business investment...
Jul 17, 2018 | Estate Taxes
Policy and Taxation Group Supporters Meeting When Thursday, September 27, 2018 from 10:00 AM to 2:00 PM EDT Where Washington D.C. TBD Would you like updates on our estate tax activities, discuss the status of estate tax repeal, the politics of repeal, and estate tax...
Jul 5, 2018 | Estate Taxes
My personal view, for what is might be worth, is that lowering the corporate tax rate from the current 35% to 20% is too big a cut and unnecessary to serve the purpose intended. Certainly, a cut is needed, but just as certainly a reduction to 25% would provide the...
Jul 4, 2018 | Estate Taxes
June 13, 2018 My father started an aerospace component manufacturing business March 31, 1961 in Maywood, California. He started it by himself investing $7,500 dollars in the business. He hired one person. He struggled for 10 years before he finally made a profit. His...
Jul 3, 2018 | Estate Taxes
A family operating 100 hardware stores in the Midwest had to sell the business to a private equity firm in the 3rd generation of the family businesses. The family had already endured 2 generations of paying the estate tax and realized they could not survive another....
Jul 3, 2018 | Estate Taxes
As a family owned business for 97 years now, White Castle has learned a lot about what it takes to create an enterprise that’s sustainable and capable of nourishing our team members, and the communities where we live, work and raise our families. Along the way, not...
Jun 30, 2018 | Estate Taxes
House Ways and Means Committee Chairman Kevin Brady (R-Texas) said that tax-cut legislation he hopes to unveil in August will include a package of bills, the centerpiece of which will be a proposal to make some individual and business tax cuts permanent. “I don’t see...
Jun 23, 2018 | Estate Taxes
Chairman Kevin Brady has indicated that he would like the House to vote in July, on making all individual tax cuts permanent, which were included in last year’s tax bill. This would include the doubling of the lifetime exemption for gift, estate and...
Jun 20, 2018 | Estate Taxes
Revised June 14, 2018 PATG State Death Tax Chart – June 14, 2018 This chart is maintained for the Policy and Taxation Group Website and is updated regularly. Any comments on the chart or new developments that should be reflected on the chart may be sent to...
