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
Tag: Qualified Small Business Stock
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Private companies and early-stage startups require funding, for which they need to raise capital with the help of shareholders and investors. And as a result, Congress created a tax law in the United States that provides several tax incentives to people who invest in these early-stage businesses. The U.S. government in 2015 passed The Protecting … Continued