Feb 6, 2024 | Blog, Estate Tax, Family Businesses, Generationally Owned Business, In The News, Income Tax, Policy And Taxation Group, Taxes
Your Insights Matter. Invest in the Future: Support American Family Businesses. Help Us Improve: Click here to participate in the survey now. IRS Commissioner Danny Werfel explains how the agency is focusing on wealthy tax dodgers and corporate compliance this year...
Mar 14, 2023 | Blog, Family Businesses, Generationally Owned Business, In The News, Income Tax, Tax Cuts, Taxes
Read about the 2023 Family Business Survey Results & Summary. On Thursday, March 9, President Joe Biden released his $6.9 trillion Budget and various accompanying documents. Separately, the Treasury Department released its Green Book, which provides more detailed...
May 18, 2021 | Blog, Estate Tax, Family Businesses, In The News, Policy And Taxation Group
On Wednesday, May 12, the House Ways & Means Select Revenue Measures Subcommittee held a hearing titled “Funding Our Nation’s Priorities: Reforming the Tax Code’s Advantageous Treatment of the Wealthy.” The following witnesses testified at...
Apr 22, 2021 | Blog, In The News
By Laura Davison and Allyson Versprille / Bloomberg Government President 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...