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Legislative Wins, with Support of Policy and Taxation Group, and New Congressional Family Business Caucus Help Put Positive Spotlight on Importance of Family Businesses in US Economy
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The year 2022 will go down as one of the strongest years of legislative actions helping America’s largest employer, the family business.
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The last 12 to 18 months have seen significant progress in passing, or stopping, federal legislation considered significant for family enterprises large and small, including the re-shaping of tax provisions in the Build Back Act and Inflation Reduction Act.
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The wins include stopping tax increases for family business top income earners, planned increases in the estate tax rate and reduction in lifetime exemption, and the potential elimination of valuation of discounts for estate tax purposes.
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These intricate, often overlooked policies are among just a few of the actions The Policy and Taxation Group worked hard to educate Congress on over the course of the last year, according to Pat Soldano, President, Policy and Taxation Group, based here.
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“It’s been a good year for helping family businesses remain strong and viable, despite many initiatives aimed at... (continue reading)
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Please stay safe and healthy,
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pmsoldano@family-enterpriseusa.com
712 H Street NE Suite 1330
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Upcoming Events
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February 7, 2023: Minneapolis Family Office Group MNFOG, Minneapolis, MN
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March 9: U of Wisconsin, Madison, WI
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March 23: Maine FBC Event
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March 29: High Center FBC, Elizabethtown, PA
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- April 19 - 21: Transitions East, St Petersburg, FL
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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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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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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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Family Enterprise USA Sponsors
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