Sep 12, 2017 | Blog, Estate Tax, Family Businesses, Wisconsin
When Tom and Leslyn Jacobs first got married, buying land was simply a dream. Indeed, they were both young foresters saddled with college loans and old vehicles. However, in 1984, their dream became a reality when they received a $40,000 loan to buy 80 acres of land....
Sep 3, 2017 | Blog, Estate Tax
The federal unified transfer tax on estates, gifts, and generation-skipping transfers may appear to be attacks born solely by the wealthiest Americans. This view, however, is as misleading as the notion that the sun rises in the East and sets in the west. The transfer...
Sep 3, 2017 | Blog, Estate Tax, Family Businesses
Support for the estate tax is based on three major claims. One, inheritance is are a major source of wealth and equity. Two, the tax provide significant revenue for the federal government. Three, the individuals required to pay the tax can easily afford it. These are,...
Sep 2, 2017 | Blog, Death Tax
The Federal gift and estate tax has come to be known as the death tax. There are several proposals to reform or repeal the tax pending before the current Congress, and at least some death tax changes are expected soon. Supporters of the tax continue to maintain,...
Sep 2, 2017 | Blog, Death Tax
Despite President Obama’s best efforts, the death tax remains a lightning rod in tax policy. Even the New York Times has reported that the death tax threatens Obama’s ambitions. The death tax destroys roughly $847 billion in capital, the funds used to...
Sep 2, 2017 | Blog, Family Businesses
Our job today, Define family business, provide the best available statistics on family businesses, judge the quality of each satistics, and suggest prospects for future research. Read the full Family Businesses In The US Economy article.
