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Make Your Voice Count: Share How Tax Policies Impact Your Family Business
Pat Soldano’s latest article, published by Family Business Magazine , takes an in-depth look at the current tax landscape and its potential impact on family-owned businesses.
As the expiration of key provisions from the 2017 Tax Cuts and Jobs Act (TCJA) approaches in 2025, the House Ways and Means Committee is working to preserve crucial tax benefits.
From safeguarding the estate tax lifetime exemptions to addressing income and capital gains tax increases, the stakes are high for family businesses. Soldano’s article explores how the committee’s efforts may affect the future of these enterprises and what families need to prepare for before the looming “tax cliff.”
Read the full article now to stay informed and prepared!
We hope you’ve enjoyed this article. While you’re here, we have a small favor to ask…
As we prepare for what promises to be a pivotal year for America, we’re asking you to consider becoming a member.
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. The issues we fight for or against with Congress in Washington DC include high income tax rates , possible elimination of valuation discounts, increase in capital gains tax , enactment of a wealth tax , and the continued burden of the gift tax , estate tax and generation skipping tax .
Family Enterprise USA promotes generationally owned family business creation, growth, viability, and sustainability by advocating for family businesses and their lifetime of savings with Congress in Washington DC. Since 2007, Family Enterprise USA has represented and celebrated all sizes, professions and industries of family-owned enterprises and multi-generational employers. It is a bi-partisan 501.c3 organization. Family foundations can donate.
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The post Capitol Hill Tax Teams focus on salvaging key Tax Cuts and Jobs Act provisions appeared first on Family Enterprise USA .
Family Enterprise USA is the organization that represents all family businesses on a national level in DC; it is not unique to any industry. Family Enterprise USA is different from other organizations because it represents and advocates for the families of family businesses and the issues, they face running their businesses every day. Our sole mission and purpose is to promote family businesses and their job growth in America. We also support the work of Family Business Centers across the country. We hope your family will choose to be a member of Family Enterprise USA.