Aug 13, 2021 | Blog, Family Businesses, In The News, Step-Up In Basis
Contact Your Member of Congress - It Only Takes a Minute Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report. Early Wednesday morning, Sen. John Thune (R-SD) offered Amendment #3106 to the Senate budget resolution,...
Aug 11, 2021 | Blog, Family Businesses, In The News, Step-Up In Basis
Contact Your Member of Congress - It Only Takes a Minute Thank you to Russell Sullivan and the team at Brownstein Hyatt Farber Schreck, LLP for this report. Early Wednesday morning, the Senate reached an agreement on S.Con.Res.14, FY2022 Budget Resolution. Over 40...
Aug 2, 2021 | Blog, In The News, Step-Up In Basis, Video Post
Contact Your Member of Congress - It Only Takes a Minute American Food and Vending was co-founded with Steve Wells and his brother, and until the pandemic employed 1700 people. Steve and his family, as well as his employees and the community, will be substantially...
Jul 28, 2021 | Blog, In The News, Step-Up In Basis
Contact Your Member of Congress - It Only Takes a Minute Individuals pay a 40% tax on the FULL MARKET VALUE of their assets, when they die, not just on the appreciation of those assets. That is why they receive a “step up in basis” to this value. On July 21, 2021,...
