The data is in! See what family owned businesses are saying about today’s challenges and opportunities.
The provided text from “Congress will Listen.pdf” discusses how consistent and constant communication with Congress led to the successful passage of the One Big Beautiful Bill Act (H.R. 1) on July 4th. This legislation is presented as a significant victory for family-owned businesses, family offices, and successful individuals, primarily due to the advocacy efforts of organizations like Family Enterprise USA. The article highlights several key provisions within the new law that offer tax and economic benefits, such as the extension of TCJA individual income tax rates, a permanent increase in the estate and gift tax exemption, and the restoration of R&D expensing. It also notes the avoidance of certain proposed taxes, like a wealth tax, underscoring the impact of persistent engagement in the legislative process. Finally, the author stresses the ongoing need for vigilance to protect these policy gains.
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The need for fact-based reporting of issues important to family offices and successful families and protecting a lifetime of savings has never been greater. Now more than ever, family offices and successful families are under fire. That’s why Policy and Taxation Group is passionately working to increase the awareness of issues important to family offices and successful families, while continuing to strengthen our presence on Capitol Hill.
Policy and Taxation Group is the Voice for Family Offices and Successful Individuals in Washington, DC focused exclusively on the critical tax and economic policies that impact them.
Since 1995, Policy and Taxation Group has been the leading advocacy group working to reduce and eliminate estate tax, gift tax, and generation skipping transfer tax while blocking increased income tax and capital gains taxes, the creation of a wealth tax, and other hostile tax policies that punish hardworking taxpayers and success.
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