Infrastructure Update – Week of August 2-6

Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report. Contact Congress Now - It Only Takes a Minute Senate Majority Leader Chuck Schumer (D-NY) has scheduled a vote for Saturday, August 7, to end debate on the Infrastructure...

read more

Poll Question: What Biden Tax Policy is important to you?

President Biden has proposed two plans which would change tax policy, The American Jobs Plan and the American Families Plan. Included in these plans are some of the policies described below; please give us your opinion of what is most important to you, see the list...

read more

State by State Death Tax Chart Update July 26, 2021

Contact Congress Now - It Only Takes a Minute Individuals pay a 40% tax on the FULL MARKET VALUE of their assets, when they die, not just on the appreciation of those assets. That is why they receive a “step up in basis” to this value. On July 21, 2021, Senators...

read more

All Republican Senators Urge President to Keep Step UP

Contact Congress Now - It Only Takes a Minute Individuals pay a 40% tax on the FULL MARKET VALUE of their assets, when they die, not just on the appreciation of those assets. That is why they receive a “step up in basis” to this value. On July 21, 2021, Senators...

read more

Hearings Review: Tax and Financial Services Committees

Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report. Contact Congress Now - It Only Takes a Minute Last week, the tax and financial services committees held multiple hearings related to the state of the economy and general...

read more
Ensure Your Voice is Heard in DC

Ensure Your Voice is Heard in DC

Contact Congress Now - It Only Takes a Minute Please Take Action Today!!! 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...

read more

Infrastructure Update – Week of June 21-25

Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report. Contact Congress Now - It Only Takes a Minute June 25, 2021 The White House and twenty-one bipartisan Senators agree on a $1.2 trillion hard infrastructure framework. President...

read more
How Much Tax Will You Pay With Biden’s Tax Plan?

How Much Tax Will You Pay With Biden’s Tax Plan?

Contact Congress Now President Biden has proposed an elimination of step up in basis and an increase in the capital gains tax; how much will this impact family businesses? See the example below. A $50 million family business could be subject to a $82 million estate...

read more

Pat Soldano Speaking at Family Firm Institute July 12

Register Now Family Business Matters; Research, Data and Issues Facing Family Businesses in 2021 Family Businesses employ 59% of all workers in the US and generate 54% of GDP, (“2021 Contribution of Family Businesses to the US Economy”; Piper and Astrachan by FEUSA),...

read more

Eight Steps to an Effective Business Transition

Thank you to BNY Mellon Wealth Management for this report. When considering the future sale of a business, there are many steps to consider. You’ve worked hard to get your business where it is today — you owe it to yourself to approach its sale deliberately. If you...

read more