Category: QSBS

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How to avoid qualified small business stock pitfalls?

Taxpayers can exclude income on the sale of qualifying small company shares (QSBS) under Internal Revenue Code Section 1202. Section 1202 encourages investment in small businesses, and investors may get spectacular profits. When a stakeholder other than a corporate business sells QSBS that was bought after September 27, 2010 and was held for over five … Continued

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