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 for retirement, or invest in your future.
Sign-up for Fall Congressional Family Business Caucus Meeting Set for Sept. 18; Focus on Family Enterprise Structure, Expiring Taxes
Longworth Building Meeting Features Caucus Co-Chairs, Panel of Family Business, Family Office and Center Executives on Tax Issues Facing Family Businesses
Plans are finalizing for the last bi-partisan Congressional Family Business Caucus of 2024 set for Sept. 18. This meeting’s focus is on family enterprise structure, expiring tax legislation, and other critical issues facing America’s family businesses.
The Sept. 18 Caucus meeting will be held in the Longworth Building on Capitol Hill and will run from 4PM to 5PM, with a reception following from 5PM to 6PM. The meeting is open to invited guests. Attendance is limited so sign up now.
For more information, or to attend, the Caucus contact John Gugliada, Director of Family Business Engagement, Family Enterprise USA at: [email protected]. Or contact John Marino, Director of Family Office Engagement, Policy and Taxation Group, [email protected].
The meeting’s focus is “Enterprise Structure,” dealing with the tax inequities of pass-through structured entities, of which over 80% of family businesses are organized. In addition, discussions will also focus on the tax issues surrounding Tax Cuts and Jobs Act, expiring at the end of 2025. The bipartisan Congressional Family Business Caucus now has 50 House members, and often features several of the four co-chairs, which are Rep. Brad Schneider (D-Ill), Henry Cuellar (D-TX), Rep. Claudia Tenney’s (R-NY), and Rep. Jodey Arrington (R-TX).
This meeting features a panel discussion on enterprise structures, taxes, and other issues. Panel members include: Dawn Grove, Vice President, Corporate Counsel, Karsten Manufacturing; John Zaruka, Chairman of Wedgewood Weddings; Ben MacAskill, Chief Executive Officer, Awesome; Nassar Water, Chairman, Chief Executive Officer, Trophy Automotive Dealer Group; Daniel Fisher, Senior Vice President, Government and External Affairs, Associated Equipment Distributors; and Robert Mancuso, Chief Executive Officer, Capri Capitol.
The Caucus meeting is organized by Family Enterprise USA and are hosted by its President, Pat Soldano. Soldano is also President of the Policy and Taxation Group based here.
Again, if interested in attending this exciting Capitol Hill event contact:
John Gugliada, Director of Family Business Engagement, Family Enterprise USA at: [email protected]. Or, John Marino, Director of Family Office Engagement, Policy and Taxation Group, [email protected].
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