NFIB member and small business owner, Greg Niewold, joined the Small Business Rundown to discuss the challenges of state and federal estate taxes – often called the Death Tax – and why this issue is especially important to multi-generational family businesses like his. The estate tax results in double taxation but in July 2025, Congress lightened Americans’ federal estate tax burden, promoting growth and longevity for small, family-owned businesses. 

Get more information on the new exemption rates.  

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