May 1, 2009
New Tax Benefits for Investing in Small Businesses
The global economic meltdown has caused investors to take a new look at investing in private companies and the tax breaks that might arise from such investments. The recently enacted federal stimulus package contains such a tax break, excluding 75 percent of the gain on the sale of shares of certain companies from federal taxation. This tax break serves to encourage investment in startup companies that would normally have difficulties enticing capital investment. View full article (PDF).
This article first appeared in Seattle Business magazine.