This year’s FCHB Summit will once again provide an intimate setting in which attendees can learn key practical strategies from knowledgeable advisors combined with invaluable peer insights to help ensure a thriving, sustainable business for generations to come. The full-day Summit will touch on the most pressing topics facing family and closely held businesses today, while offering ample opportunities for peer exchange and networking. Keynote speaker Mark Green, Co-Director and Co-Founder of the Pacific Family…

After a delicious lunch, the 2017 Summit will kick off with a keynote by George Mateyo, chief investment officer at Key Private Bank, titled “What to Expect When You’re Investing.” Mateyo will probe into the risks and rewards of investing in family business, providing essential information for anyone involved in this type of business. Afterward, an Advisors Roundtable will feature a 360-degree view of key issues facing FCHB’s, and how owners can benefit from…

New Regulations for the Partnership Tax Audit Rules Set to Finalize on September 18, 2017  As previously outlined in a blog post on Larry’s Tax Law, the new partnership tax audit rules, which will apply to tax returns of partnerships for tax years beginning in 2018, provide that any tax adjustments resulting from IRS audits of partnerships generally will be determined and collected at thepartnership level, even though partnerships are not subject to income taxes…

Family businesses account for 64 percent of the United States’ annual GDP and account for billions of dollars of revenue in the Puget Sound region. They are often major drivers of regional economic activity, charity, community building and politics. As an adviser to family businesses for more than 20 years, I helped moderate a panel at the event with several of the region’s top family business leaders: Steven Goldfarb, President, Alvin Goldfarb Jeweler OB Jacobi, President,…

Constructive, dynamic and practical, the Summit will kick off with one of the most knowledgeable and connected Washington, D.C. power brokers, Michael Boland from Dome Advisors LLC, who will speak on what the various election outcomes mean for the business economy, then segue into thought-provoking presentations from family and closely held business advisors from law, accounting, private equity and insurance who will discuss hot topics. In addition, a roundtable panel with regional CEOs will offer…

Closely Held Family Entities in Grave Danger: Minority Interest and Lack of Marketability Discounts About to Disappear? While it will take some time to fully digest and analyze the proposed regulations, the crux of the matter is that the Treasury department has issued proposed regulations which appear to eliminate almost all minority/lack of control discounts for closely held interests, certainly including family entities. Such discounts are, to the mind of many practitioners, appropriate because they…

Search This Blog About UsGarvey Schubert Barer’s family-owned and closely held businesses practice group comprises strategic advisors and core practitioners who understand the intersection between law and the unique challenges of running a family business. With more than one hundred years of combined experience, our family-owned and closely held businesses practice offers clients extensive resources and a knowledgeable team of family wealth advisors across the Unites States.Read More Recent Posts Topics Select Category: Archives…