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Good Morning Pat!
These posts below were published in the past 24 hours.
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New Webinar: ‘How Much Is My Family Business Worth?’
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The Five Critical Steps in Understanding a Business Valuation:From Estate Planning to Exit Planning Business Valuation Expert Mark E. Lingerfield of MPI Details The Five Most Important Things To Consider About the Worth of Your Family Business in a New Webinar Hosted by Family Enterprise USA A partner at Princeton-based MPI, Mark is responsible for client service and business development …
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Raise Taxes On Small Businesses? Net Investment Income Tax (NIIT).
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Earlier this week, Democratic staff indicated that an expansion of the NIIT to apply to nonpassive business income would be included in budget reconciliation. The news is primarily attributed to a statement from Sam Runyon, a spokesperson for Manchin, who was quoted as expressing the senator’s support for Medicare solvency. This proposal had previously been included in the House-passed BBBA. …
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Reconciliation Revival? Taxation & Representation.
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Ever since Sen. Joe Manchin (D-WV) publicly renounced his support of the House-passed Build Back Better Act (BBBA) in December of last year, the prospects of a reconciliation bill have appeared grim for Democrats. In the wake of this setback, Senate Majority Leader Chuck Schumer (D-NY) has been privately working with Manchin on a revised legislative framework. To address Manchin’s …
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