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If you have any questions or concerns, please use the contact information provided in this email as this inbox is not monitored for replies.
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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 invest in domestic research and development (R&D). Spearheaded by Sens. Maggie Hassan (D-NH) and Todd Young (R-IN), the legislation would significantly boost a pair of R&D credits under Internal Revenue Code sections 174 and 41. Lawmakers had previously pursued... (continue reading)
Yellen Defends 2024 Budget Proposals before Senate Tax Writers. On March 16, Treasury Secretary Janet Yellen appeared before the Senate Finance Committee to testify on President Joe Biden’s fiscal year 2024 budget proposal. Lawmakers on both sides of the aisle also questioned Yellen on the Treasury Department’s ongoing role in stabilizing the U.S. banking sector in the wake of the high-profile collapses of Silicon Valley Bank and Signature Bank earlier this month. On the budget, lawmakers sparred over proposals to... (continue reading)
CBO Report Furthers Partisan Rift on Deficit Reduction Approaches. On March 14, the Congressional Budget Office (CBO) issued an analysis comparing two possible spending paths to balance the U.S. federal budget over the next decade. This report was requested by Senate Finance Committee Chairman Ron Wyden (D-OR) and Senate Budget Committee Chairman Sheldon Whitehouse (D-RI) as part of Democratic lawmakers’ broader efforts to frame... (continue reading)
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Our thanks to Brownstein Hyatt Farber Schreck, LLP.
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About Brownstein Hyatt Farber Schreck, LLP
Brownstein Hyatt Farber Schreck is a unique law firm. Walk into any of our offices and you’ll immediately recognize a different type of energy. Complacency doesn’t have a place here. Flexibility and inspiration do. Our culture and enthusiasm allow our attorneys, policy consultants and legal staff to stay ahead of our clients’ needs and provide them with the resources they require to meet their business objectives.
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Please stay safe and healthy,
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pmsoldano@family-enterpriseusa.com
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Upcoming Events
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April 27-28: Prairie Family Business Center Annual Gala Event, Sioux Falls, SD
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May 3: Family Business Association Annual meeting, Sacramento, CA
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Sign-Up For New Podcast: "Voice of Family Business on Capitol Hill" with host Pat Soldano.
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Join our growing family of podcast listeners by clicking on the links below to our new podcast, "The Voice of Family Business on Capitol," where each episode delves into the major issues facing family businesses and family business centers today. Subscribe by clicking on these links, or wherever you get your podcasts.
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We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…
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As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.
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The need for fact-based reporting of issues important to multi generational businesses and protecting a lifetime of savings has never been greater. Now more than ever, multi generational businesses and family businesses are under fire. That’s why Family Enterprise USA is passionately working to increase the awareness of issues important to generationally-owned family businesses built on hard work, while continuing to strengthen our presence on Capitol Hill.
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About Family Enterprise USA
Family Enterprise USA advocates for American Family business. We help family businesses communicate their challenges and contributions to American economic freedom to Legislators. We represent all American family businesses; not just specific industries and provide research to enhance the opportunity for success. We help family businesses continue to establish their unique business legacy. Family Enterprise USA is a 501(c)(3) non-profit organization.. Family foundations can donate.
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Have questions or would like more information about becoming a Member or donating? Please contact John Gugliada at jgugliada@family-enterpriseusa.com.
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