May 27, 2021 | Blog, Family Businesses, Family Enterprise USA Action, In The News, Tax Cuts
While the devil is in the details, it is possible that if President Biden’s elimination of step-up in basis proposal is passed by Congress you could be paying an estate tax at 40%, and a capital gains tax at 43.4%. The graphic below shows an example of a...
May 26, 2021 | Blog, Death Tax, Estate Tax, Family Enterprise USA Action, In The News
The estate tax (also known as the death tax) is one of three taxes on assets and businesses passed from one person to another, whether through wills, trusts, or gifts. The other two are the gift tax and the generation-skipping transfer tax. They all have similar rules...
May 24, 2021 | Blog, Death Tax, Estate Tax, Family Enterprise USA Action, In The News, Tax Cuts
Contact Your Member Of Congress There are efforts in DC to make the estate tax (death tax) worse; higher than a 40% tax on your business and all your assets! But there is hope; a bill to reduce the rate of tax from 40% to 20% has been introduced in the House HR 3178...
May 20, 2021 | Blog, Family Enterprise USA, Family Enterprise USA Action
John Gugliada Joins Family Enterprise USA As Director Strategic Partnerships And Business Development John Marino Joins Policy And Taxation Group As Director Of Strategic Partnerships And Business Development “Our Board of Directors, a team of experienced...
May 18, 2021 | Blog, Estate Tax, Family Businesses, Family Enterprise USA Action, In The News
On Wednesday, May 12, the House Ways & Means Select Revenue Measures Subcommittee held a hearing titled “Funding Our Nation’s Priorities: Reforming the Tax Code’s Advantageous Treatment of the Wealthy.” The following witnesses testified at...
May 9, 2021 | Blog, Family Businesses, Family Enterprise USA, Family Enterprise USA Action, In The News
2021 FEUSA Family Business Survey Highlights Estate Tax As The #1 Economic Public Policy Priority Issue For Family Businesses Washington DC, May 9, 2021: Family Enterprise USA, releases results of FEUSA 2021 Family Business Survey revealing that while Income Tax is...