The New Boss
What the new administration is doing to help small businesses
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• Capital gains tax break: The capital gain resulting from the sale of certain small-business stock is eligible for a tax exclusion of 75 percent, with taxes paid on the remaining 25 percent. This is an increase from the previous tax exclusion of 50 percent. This benefit is applicable only to stock held for more than five years, and only for stock issued between the date of enactment and Dec. 31, 2010.
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Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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