ACCA Strengthens Ties to Advocates for Household Companies

ALEXANDRIA, Va. — Analysis reveals that household companies account for 83.3 million jobs, or 59% of the nation’s non-public workforce. ACCA is enhancing its engagement with two organizations devoted to defending family-owned companies.

ACCA just lately joined in assist of Household Enterprise USA, a gaggle devoted to advancing the pursuits of small, family-owned companies.

ACCA has additionally been a robust supporter of the Household Enterprise Coalition, which represents over 150 numerous associations that work to attach legislative determination makers with household enterprise house owners and state-based allies.

Household Enterprise USA promotes the creation, progress, viability, and sustainability of household companies by advocating for them in Washington, D.C. Since 2007, Household Enterprise USA has represented and celebrated all sizes, professions, and industries of family-owned enterprises and multi-generational employers.

“We’re excited to have ACCA and its membership, that are largely family-owned companies, supporting the efforts of Household Enterprise USA,” stated Pat Soldano, president, Household Enterprise USA and the Coverage and Taxation Group. “ACCA represents an necessary section of America’s family-owned companies. Household companies, like those that are members of ACCA, are huge enterprise, and our leaders should perceive how important they’re to our economic system. ACCA will assist us get this message out to our legislative leaders.”

The Household Enterprise Coalition displays and responds to laws that impacts household companies. Sean Robertson, ACCA’s vp of membership, advocacy, and occasions, will serve on the coalition’s advisory board for 2024.

Present key points for the Household Enterprise Coalition embody pushing for a repeal of property and inheritance taxes (17 states at the moment impose a state property or inheritance tax) and limiting the expansion of rules that make compliance cumbersome for enterprise house owners. Moreover, the coalition has labored to enhance the tax code for household companies.

“Household companies characterize the guts of ACCA’s member contractors,” stated Barton James, ACCA president and CEO. “Every part we do at ACCA is targeted on serving our members higher and advancing their pursuits throughout the regulatory and legislative panorama. We’re proud to ally ourselves with like-minded organizations that prioritize the wants of our household enterprise house owners.”