Jun 2, 2021 | Blog, Death Tax, Estate Tax, In The News, Policy And Taxation Group
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 28, 2021 | Blog, Death Tax, Estate Tax, In The News, Policy And Taxation Group
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report. The Biden Administration this afternoon released its FY22 Budget Request. The proposal, which is estimated to cost more than $6 trillion, would dramatically expand the size and...
May 27, 2021 | Blog, Family Businesses, In The News, Policy And Taxation Group, 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, In The News, Policy And Taxation Group
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, In The News, Policy And Taxation Group, 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, Policy And Taxation Group
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...