Oct 30, 2024 | Family Offices, Estate Tax, Family Businesses, Income Tax, Successful Individuals, Tax Cuts, Taxes
An increase in income tax rate means you'll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save...
Sep 18, 2024 | Family Offices, Death Tax, Estate Tax, Family Businesses, Income Tax, Pat Soldano, Successful Individuals, Tax Cuts, Taxes
Speak Up! How Tax Laws Affect Your Business Matters Now's your chance to share your story. Use the new Comment Portal to connect with the House Ways & Means Committee. Pat Soldano’s latest article, published by Family Business Magazine, sheds light on...
Dec 26, 2017 | Blog, Estate Tax, Tax Cuts
Highlights of recently enacted Tax Reform Bill (HR1 “Tax Cuts and Jobs Act of 2017”) Individuals Double the estate, GST and gift tax exemption ($5.6 million to $11.2 million, indexed for inflation) for estates of decedents dying and gifts made after...
Nov 26, 2024 | Family Businesses, Family Enterprise USA, Pat Soldano, Podcast, Successful Individuals, Video Post
An increase in income tax rate means you'll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save...
Nov 20, 2024 | Family Offices, Death Tax, Estate Tax, Income Tax, Successful Individuals, Tax Cuts, Taxes
An increase in income tax rate means you'll pay a higher percentage of your income to the government. This directly reduces your disposable income, the money you have left after taxes for spending or saving. This can make it harder to afford basic necessities, save...