ATA Supports Formation of New Congressional Family Business Caucus
American Trucking Associations Supports Formation of New Congressional Family Business Caucus With Majority of Trucking Firms Family-owned Businesses, ATA Sees Caucus Focused on Concerns of America’s Truckers Vital to Keeping Industry Strong America’s...
Take A Short Survey To Help Save Local Businesses From Historic Tax Increases
Thank you for helping us find the most critical issues facing family businesses right now, and in the coming year. Your important feedback will help us make our family business-friendly policy efforts with Congress even better in 2023. The survey takes five minutes...
Jason Smith to Chair House Ways and Means Committee
Earlier today, the Republican House Steering Committee selected Rep. Jason Smith (R-MO) to serve as the chair of the House Ways and Means Committee for the 118th Congress. Jason Smith ultimately defeated fellow Republican Reps. Vern Buchanan (R-FL) and Adrian Smith...
![[VIDEO] Transitioning For the Future, Cutting Red Tape Is Key to Success for GoodFellow Bros.](https://policyandtaxationgroup.com/wp-content/uploads/2023/01/Instagram-goodfellow-video-400x250.png "Content")
[VIDEO] Transitioning For the Future, Cutting Red Tape Is Key to Success for GoodFellow Bros.
Transitioning For the Future, Cutting Red Tape Is Key to Success for General Contractors GoodFellow Bros. in New Video by Family Enterprise USA’s Pat Soldano Training workers and cutting red tape are two key issues of focus for Chad Goodfellow, CEO, Goodfellow...
![[VIDEO] Family Trust Agreements, Community Giving Spotlighted in New Video with Thompson Realty](https://policyandtaxationgroup.com/wp-content/uploads/2023/01/Instagram-thompson-400x250.png "Content")
[VIDEO] Family Trust Agreements, Community Giving Spotlighted in New Video with Thompson Realty
Family Trust Agreements, Community Giving Spotlighted in New Family Enterprise USA Video with Commercial Realty Firm Thompson Realty, Lincoln, Neb. The struggles and successes of starting and transitioning a multi-generational family business, and giving back...
State of Family Business Annual National Survey Launched
Large-Scale Annual Survey Takes Pulse of Family Business Growth, Health in Challenging Year Post Covid, but Inflation and New Congress Mark 2023 America’s family businesses are being asked to tell the country how they feel about their businesses right now, in a...
Lawmakers Look to 2023 for Tax Priorities Following Omnibus Passage
On Dec. 29, President Joe Biden signed the nearly $1.7 trillion Consolidated Appropriations Act of 2022 into law, funding the federal government through fiscal year 2023. This action came just one day before the second short-term continuing resolution was set to...
![[VIDEO] Not Waiting for the Government, IRC’s CEO Creates Company Training Center](https://policyandtaxationgroup.com/wp-content/uploads/2023/01/Instagram-irc-video-400x250.png "Content")
[VIDEO] Not Waiting for the Government, IRC’s CEO Creates Company Training Center
Not Waiting for the Government, Industrial Roofing Company’s CEO Mike Davis Creates Company Training Center for Skilled Workers, new Family Enterprise USA Video Details Difficulty in finding skilled workers forced Industrial Roofing Company’s CEO Mike Davis to...
Training the Next Generation is Key to Success for California’s Lippow Development
Training the Next Generation is Key to Success for California’s Lippow Development in New Family Enterprise USA Video; ‘Understanding the history is Key,’ Says CEO Lippow Development’s CEO Larry Lippow prepares the fourth next generation to take over the family...
Omnibus Funding Bill Scraps Most Tax Provisions; Includes Retirement Savings Bill
Lawmakers released the text for the $1.7 trillion fiscal year 2023 omnibus appropriations bill. The package contains 12 separate appropriations bills providing a total of $772.5 billion in nondefense spending—a $42.5 billion increase in topline funding. House and...
A Year of Tax and Policy Wins Helps Family Businesses Remain Strongest Source of Private Employment
Legislative Wins, with Support of Policy and Taxation Group, and New Congressional Family Business Caucus Help Put Positive Spotlight on Importance of Family Businesses in US Economy The year 2022 will go down as one of the strongest years of legislative...
Government Gridlock or Season of Compromise? Washington Experts Warren & Soldano Discuss Congress’ Agenda & Priorities
Government Gridlock or Season of Compromise? Washington Experts Mark Warren, Pat Soldano Discuss Congress’ Agenda, Priorities in New ‘Voice of Family Business on Capitol Hill’ Podcast Mark Warren, Veteran Capitol Hill tax policy expert, and Podcast Host Pat Soldano...
Saying It Out Loud, By Pat Soldano. December 2022.
A Beautiful Engine Called Profit Margaritas on the beach are not Kent Thompson’s idea of a good time. In fact, he doesn’t like beach vacations. On holidays, he prefers Third World countries. There, he brings his family to dig wells and build schools. ...
Pass-Through Entities Explained
80% of family businesses and generationally owned businesses, are organized as a Pass-Through Entity such as Limited liability company (LLC), Limited Partnership (LP), or S-corporation. Pass-through entities are businesses that aren't subject to the corporate income...
Happy Holidays From Policy and Taxation Group
Policy and Taxation Group is the leading information, education and advocacy organization working for the reduction and ultimate elimination of estate, gift, and generation skipping transfer taxes, and other taxes that punish hard work and success. Our Mission is to...
Looking Ahead: State Policy Trends for 2023
In 2023, all 50 state legislatures will convene, including biennial legislatures. Nationwide, state legislatures will spend months grappling with policies that will impact their state and constituents. And although each state legislature’s political makeup differs,...
Trends in the Overall Family Business Enterprise Market
by Linda C. Mack, Mack International An intensely competitive market and increased access to information are requiring Family Business Enterprises to keep pace in the recruiting, compensation, and retention arenas. As the New Year approaches, the office of the future...
It’s All Relative; Family Matters in Business Succession
By: Wealth Strategist – Family Office, Abbey Flaum, J.D., LL.M. Parenting and running a business are, in many ways, parallel experiences. From the time a baby is conceived, we plan to ensure the child enters this world under optimal circumstances. We consult...
2023 Will Be a Year of Uncertainty for Family Businesses
Complicating factors include inflation, interest rates and midterm election fallout. By Pat Soldano Over the past two years, the virus on everyone’s mind was COVID. Today, the virus is inflation. As the cost of goods and wages rise, the country’s biggest...
Washington Updates – Rail Strike, Health Care, Tax, & More
General Updates Congress Acts to Avert Freight Rail Strike: Congress passed a bill this week to implement the terms of a contract between freight rail carriers and workers, averting a nationwide rail strike next week that would have kept one-third of U.S. cargo from...
Bipartisan Group of Congressional Members Launch Congressional Family Business Caucus Focused on Family-Owned Businesses
Bipartisan Group of Congressional Members Launch New Congressional Family Business Caucus Focused on Concerns of America’s Largest Private Employer, Family-Owned Businesses Family Enterprise USA Applauds, Supports New Family-Focused Caucus Today,...
The Use Of Defined Value Gift Clauses
The last several years have seen an unprecedented level of wealth transfer transactions, including interests in privately held operating companies. Effectuating those transactions so close to the end of the year when it involves a complex appraisal, such as a...
118th Congress Tax Agenda. Taxation & Representation.
Election Results Update: With the results of the midterm election almost final, control of the House and the Senate in the 118th Congress is clear. On the House side, Republicans are poised to win the remaining two outstanding congressional races, giving the GOP a...
Saying It Out Loud, By Pat Soldano. November 2022.
Consequences of Midterms: Compromise The “red wave” never came and so Capitol Hill watchers are scratching their heads about what’s next for our new divided Congress. Against the blur of talking heads one thing has crystalized: compromise is the future. Whether on...
New Videos Reveal Difficulties, Successes in Transitioning to Next Generation, & Giving Back
New Family Business Videos Reveal Difficulties, Successes in Transitioning to Next Generation, Giving Back to Community Family Enterprise USA’s President Pat Soldano Interviews Leaders of Thompson Realty Group and Lippow Development Co. The struggles and successes...
Post-Midterms Analysis
As votes continue to be counted, it is clear the election was unexpectedly tighter—and better for Democrats—than most observers expected. While a handful of House races remain undecided, our current view is while Republicans will take control of the House, they will...
PODCAST: “What Happened?” Midterm Elections – Winners and Losers
Listen to Our Podcast: Voice of Family Business on Capitol Hill with Pat Soldano "What Happened?" Midterm Elections – Winners and Losers Listen in to our newest podcast, “The Voice of Family Business on Capitol Hill,” with host Pat Soldano. This new...
PODCAST: 2022 Midterm Panel Post-Election Follow Up
Nov. 8 has come and gone, but control of Congress is still up in the air. While the predicted “red wave” failed to materialize, Republicans may yet take control of both chambers from the Democrats. Policy Directors Will Dunham, Nadeam Elshami, Brian McGuire and...
Is a For-Profit Family Office Right for You?
Forming a family office is often a logical step for families that have created substantial wealth. Indeed, many single-family offices emerged from family businesses created in the U.S. after World War II, where the liquidity generated by these enterprises began to...
Analysis of the Mid-Term Elections
Our thanks to Squire Patton Boggs for this report. To read more of this analysis and learn more about specific details, please click.Polarized Electorate, Divided Government: What to Expect With the 118th Congress Republicans appear to have won a narrow House of...