Excluding Gains From Small Biz Stock Sales

Law360, New York (March 7, 2011, 1:03 PM EST) -- Under the right circumstances, 100 percent of gain from the sale of qualified small business stock (QSBS) is not taxed either under regular federal income tax principles or for purposes of computing a taxpayer’s Alternative Minimum Tax (AMT). To qualify for this 100 percent exclusion, the stock must be acquired between Sept. 28, 2010 and Dec. 31, 2011, and otherwise qualify as QSBS. The potential for exclusion provides an inviting opportunity for both businesses seeking investors and investors alike.

However, before getting too overjoyed by this...
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