Latest Updates: News, Issues, Announcements, Webcasts, Whitepapers, and More
Last Chance To Register to Hear About Current Legislative Agendas
We hope you will join us for a PATG update call on May 6, 2021 at 12pm PT or 3pm ET. Below is the Zoom Webinar agenda for the noteworthy speakers who will be talking on current legislative and political agendas and platforms: Welcome by Pat Soldano and intro Frank...
An Inside Look at Seven Family-Owned Businesses
How each one handled the challenges posed by the pandemic By Patricia N. Soldano & Dawn S. Markowitz Mention the word “COVID-19” to a family business owner, and it’s a sure way to elicit a variety of responses. For some, the pandemic brought new and innovative...
Biden Administration Tax Proposals Included in the American Jobs Plan and American Families Plan
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report. The American Jobs Plan and American Families Plan together include a wide variety of changes to the Tax Code, building on the tax proposals included in the already-passed...
What is the House and Senate Step Up In Basis Elimination Legislation?
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report. Next week, President Biden is expected to reveal details about his American Families Plan proposal, which will focus on paid family leave, free community college, and other...
Biden to Propose Capital Gains Tax as High as 43.4% for Wealthy
By Laura Davison and Allyson Versprille / Bloomberg GovernmentPresident Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6%, which, coupled with an existing surtax on investment income, means that federal tax rates for...
Save The Date: May 6 PATG Supporters Call
We hope you will join us for a PATG update call on May 6, 2021 at 12pm PT or 3pm ET. Hear the following noteworthy speakers talk on current legislative and political agenda and platforms: Patrick O'Connor, Legislative Assistant to Congressman Henry Cuellar of Texas...
Results Are In: 2021 Family Business Survey Report Highlights
This year’s survey, conducted between January 6, 2021 and March 31st, 2021 by Family Enterprise USA, delivers many insights with regard to family businesses. Almost 82% of the respondents are CEO/President/Chairman or Senior Management in the family businesses; 58%...
White House Releases Topline Spending Proposal
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.The Biden administration released its fiscal year (FY2022) discretionary budget request, also known as the “skinny budget.” The request proposes $769 billion in non-defense...
Hiring: Director, Business Development Non- Profit
FEUSA, 501 (C)(3), Family Enterprise USA, (FEUSA) is THE organization that represents all family businesses on a national level in DC. FEUSA is different from other organizations; it represents and advocates for the families of family businesses and the issues, they...
Connected Conversations – Family Businesses Contribution to the U.S. Economy: A Closer Look on April 14
You are invited to the next Connected Conversations - Family Businesses Contribution to the U.S. Economy: A Closer Look, on Wednesday, April 14 at 12:00 EDT. We have all been asking for these updated research numbers, and here they are finally. A quarter of a century...
Labor Updates From Washington, D.C.
Thank you to Brandon Roman and the team at Squire Patton Boggs (US) LLP for this report. Biden Administration Labor Leadership Update On Monday, March 22, the Senate voted 68 to 29 to confirm Mayor Marty Walsh as the next Secretary of Labor. He is the last...
Tax and Financial Services Week Ahead
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.Over The Weekend Now that the American Rescue Plan (P.L.117-2) has been enacted, lawmakers are pivoting to consider economic recovery legislation. Up first in House will be...
A Tough Road Ahead for Democrats’ Ambitious Policy Agenda
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.President Joe Biden campaigned on a promise to address income inequality and ensure that corporations, especially those that offshore jobs, pay their fair share. Biden now...
Hydraflow: Operating Business During Pandemic
We sent out our first memo regarding COVID-19 government recommendations on March 11 to employees. Then there were a rapid series of emails because the government recommendations kept changing. On March 27 we divided Hydraflow in 4 sections and people were not...
Colette’s Catering: Managing Business During Pandemic
Early March or late February, we began to get the postponement and cancellation calls for our upcoming catering events and weddings. Many would postpone and reschedule, more than once even, but not all. Some just wanted us to give back their full deposits, and we had...
Loutech: Dealing with COVID-19
The unraveling of the economy was not in the plans for Loutech in So Cal. We thought we would be bringing our machining capacity to at least 95% from the existing 75%, improving our Quality system, and building our 100+ strong workforce. Instead, we found ourselves...
Root Family of Florida and COVID-19
Our 120 year old family business operates a commercial real estate business with a staff of 13 in our offices. Our approximately 50 tenants employ 1000’s of people, jobs, lives that depend on us. From grocery baggers to Fortune 500 CEO’s. Every possible employment...
Pomerleau Real Estate Supports Local Community During COVID19
We placed local ads….”support local business”/ thank you ads and inspirational…not only good to community to see, but helps local newspapers who are getting killed with no advertising. Also doing stories on non profits organizations that need business and survive on...
Give a Voice to Family Business Concerns
We are reaching out for assistance for the Family Enterprise USA, (FEUSA) Annual Family Business Survey. All survey responses are completely confidential. The 2021 FEUSA Family Business survey takes just a few minutes and it is anonymous.For over 10 years we have...
Ways and Means Releases Budget Reconciliation Text
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.The House Ways and Means Committee released legislative text for its portion of the COVID-19 relief package both chambers have begun advancing through the budget...
Tax and Financial Services Week Ahead
Thank you to Russ Sullivan and the team at Brownstein Hyatt Farber Schreck LLP for this report.Over the Weekend Appearing on the Sunday talk shows, Treasury Secretary Janet Yellen advocated for President Biden’s American Rescue Plan partially in response to...
Analysis of Legislative/Administrative Developments in the 117th Congress
President Biden was sworn in as the 46th President of the United States on January 20 and quickly issued a series of Executive Orders and signed memoranda. Prior to taking office, the President-elect had released legislative proposals on comprehensive immigration...
Taxation & Representation
TAX TIDBIT Advancing the Biden Tax Policy Agenda. With Jon Ossoff and Raphael Warnock winning both Senate runoff elections in Georgia last week, the Senate will be evenly divided 50-50 this Congress. A newly sworn-in Vice President Kamala Harris will give Democrats...
January 28th Members Call Recap
Pat Soldano welcomed Supporters to the call, which focused on opportunities and challenges for family businesses as well as the estate tax repeal/reduction efforts in the 117th Congress. First, Frank Luntz (FILuntz, Inc) discussed the results of his new survey, which...
Join Us for the First 2021 Supporters Call on January 28th
Hear Frank Luntz talk about what the US will look like in the 117th session of Congress. Brandon Roman of Squire Patton Boggs, Russ Sullivan of Brownstein Hyatt, Farber Schreck, and Senator Mark Pryor (D) speak on possible 117th legislative agenda issues. Other...
Summary of COVID-19 Relief Provisions Relevant to Local Governments
On Sunday, December 27, President Trump signed into law a nearly 6,000-page end-of-year legislative package that included 12 FY 2021 spending bills totaling $1.4 trillion, a $908 billion COVID-19 relief package, the Water Resources Development Act (WRDA), and an...
Family Office Outlook 2021 Silicon Valley / Virtual Forum
We are pleased to tell you about an upcoming virtual luncheon with a focus on family business at which I am speaking. "Family Office Outlook 2021" Silicon Valley / Virtual Forum will be held on January 12th-13th from 8 a.m. until 5:00 p.m. Pacific Time. The agenda is...
#FamilyFirst webcast with Pat Soldano
Join Family Advisor and Performance Coach Dr. Jeremy Lurey in this intimate conversation with Pat Soldano of Family Enterprise USA as they discuss "What Successful Families Need to Know for 2021 & the New Administration." You don’t want to miss their rich dialogue...
A Family Business Tragedy
Many members of Congress do not believe that family businesses are sold to pay the estate tax or suffer economically. Family members suffer, employees lose jobs, and the local community loses the charitable giving from the business. Read the story of Anthony...
Congress Passes Omnibus, COVID-19 Relief
On Dec. 20, the House and Senate passed H.R. 133, The Consolidated Appropriations Act of 2021. The bill includes a $900 comprehensive package to provide COVID-19 relief to businesses and individuals, including a second round of Paycheck Protection Program (PPP) loans...