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Section 1202 Qualified Small Business Stock Has a Noticeable Impact on Economic Development
The United States government has long leveraged tax incentivizes (e.g. tax credits & exemptions) in its policies to spur economic development. Tax incentives allow the government to change the behavior of individuals and companies by influencing the flow of capital; for example, incentivizing taxpayers to save money, … Read More
Detailed IRS Tax Filing Instructions for Section 1202
Unsure if your stock is QSBS? Check your potential eligibility here. As a holder of qualified small business stock (QSBS) it is important to know what steps to take not only when you report the Section 1202 exclusion on your taxes but also when the QSBS is issued. … Read More
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Tax-Free Wealth
Most people believe that increasing your wealth and lowering your taxes at the same time is impossible. The general population thinks of taxes as barrier to saving more money but that is small minded. A quote by Robert Kiyosaki "Often, the more money you make the more … Read More
Tax-Free Investment
YESSSS it is possible to make a "tax-free investment" without needing to qualify as a 501(c)(3) nonprofit, government entity, or investing in municipal bonds. Navigating the tax code is like playing chess, you need to have a strategic gameplan with various scenarios mapped out to make your … Read More