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IRS Clarifies Payroll Tax Deferral Is at Employer’s Discretion

IRS Clarifies Payroll Tax Deferral Is at Employer’s Discretion

Sep 7, 2020 | Blog, Family Businesses, In The News

During an Internal Revenue Service monthly payroll teleconference today, Kelly Morrison-Lee, an agency attorney, confirmed that the payroll tax deferral is optional at the discretion of the employer. This confirms that employers, not employees, have the choice of...
Bechtel Group Foundation Establishes Bechtel COVID-19 Relief Fund in Partnership with GlobalGiving

Bechtel Group Foundation Establishes Bechtel COVID-19 Relief Fund in Partnership with GlobalGiving

Sep 3, 2020 | Blog, Family Businesses

The Bechtel Group Foundation will donate $3 million to communities across the world coping with the coronavirus pandemic, in partnership with the crowdfunding nonprofit GlobalGiving. The newly established Bechtel COVID-19 Relief Fund will support local nonprofit...
Tyson Foods adopts weekly coronavirus testing for workers

Tyson Foods adopts weekly coronavirus testing for workers

Aug 31, 2020 | Blog, Family Businesses

Tyson Foods is launching weekly on-site coronavirus testing for employees at all 140 of its U.S. production facilities, making it one of the first major American employers to commit to such regular and expansive testing of its workforce. The food conglomerate behind...
Lee Company pivots to aid ventilator-making effort

Lee Company pivots to aid ventilator-making effort

Aug 26, 2020 | Blog, Family Businesses

As General Motors and other companies push to make ventilators to help COVID-19 patients streaming into U.S. hospitals, the Lee Company of Westbrook, Conn., has adjusted its systems to join the effort. The family company, founded in 1948, makes miniature hydraulic...
This approach helps e-commerce company thrive during COVID

This approach helps e-commerce company thrive during COVID

Aug 24, 2020 | Blog, Family Businesses

It’s a good time to be in the e-commerce business – but not exactly an easy time. “We didn’t think a global pandemic would be good for e-commerce, but it’s been fantastic for our business,” said Eric Weisser, senior vice president and majority owner of Weisser...
Ford Will Provide COVID-19 Testing for Employees As Plants Reopen

Ford Will Provide COVID-19 Testing for Employees As Plants Reopen

Aug 22, 2020 | Blog, Family Businesses

Symptomatic employees in Michigan, Kentucky, Missouri and Illinois will be tested at area healthcare facilities in order to get results within 24 hours. Ford announced on May 16 that it had signed contracts with health systems in four metro areas with major company...
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Death Tax & Estate Tax News

  • Legislative Update Focuses on Growing Wealth Tax Concerns, Tariffs, and Supreme Court Decisions
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  • Rep. Correa and Rep. Tenney Named Co-Chairs of Bipartisan Congressional Family Business Caucus
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  • Taxation & Representation: Reconciliation 2.0. Thune’s Next Big Move Revealed
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