Navigation Links
Pozzuolo Rodden, P.C., Philadelphia Business Attorneys, Announce the Release of the Article: " Can I Sell The Stock Of My Small Business And Pay Zero Federal Taxes?"

(PRWEB) March 25, 2013

The Law Firm of Pozzuolo Rodden P.C., announces the release of the article "Can I Sell The Stock Of My Small Business And Pay Zero Federal Taxes?" Please read the full article and other business, or estate planning topics at


         Yes, potentially, there may be no federal tax ramifications on the sale of the stock of your incorporated family business. The American Taxpayer Relief Act of 2012 (ATRA), passed into law in January 2013, extends some previously enacted tax benefits for small business owners. A noted benefit is the exclusion from gain on the sale of qualified small business stock (QSB stock). Generally, individual taxpayers were permitted to exclude a percentage of the capital gain from the sale or exchange of qualified small business tock. Initially, the exclusion worked only for 50% of the gain. In recent years, the percentage of gain excluded from tax has steadily increased from 50% to 75% to 100%. ATRA maintains the exclusion at a 100% rate. Therefore, an individual taxpayer who sells his qualified small business stock will be able to exclude the entire gain from the sale of the stock. Also, the excluded gain remains a nonpreference item for alternative minimum tax (AMT).

  •      The 100% exclusion related to QSB stock acquired after September 27, 2010 and before January 1, 2014
  •     The investor must generally hold the QSB stock for five years
  •     Generally, the stock must be acquired by the investor at original issuance
  •     The small business may not have gross assets of $50 million or more at issuance of the stock
  •     The stock must be stock in a “C” corporation
  •     The amount of gain that is eligible for exclusion under this provision is equal to the greater of (a) 10 times the investor’s basis in the stock or (b) $10 million.

Other limitations may apply and special rules apply for stock acquired in exchange for property.

The idea behind the exclusion is to promote investment in small businesses that qualify for the beneficial tax treatment. Furthermore, for those considering starting their own business, it may be a wise idea to acquire qualified small business stock during 2013 to secure the benefit of the Act.

If you would like to read this and other business or estate planning topics please visit our web site at

Pozzuolo Rodden, P.C. provides specialized cost-effective legal services to privately held business owners and high-net-worth clients in Pennsylvania and New Jersey in excess of 35 years.

Practice Areas:

Business planning and transaction, complex business litigation, commercial real estate and development, construction law and litigation, advanced estate planning and administration, tax and pension law, high profile and intricate family litigation, and employment law and litigation.

Pozzuolo Rodden, P.C.
Counselors at Law
2033 Walnut Street
Philadelphia, PA 19103

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Pozzuolo Rodden PC, Philadelphia Estate Planning Attorneys, Announce the Release of the Article "How To Use A Trust To Protect Your Children's Inheritance From Divorce"
2. Pozzuolo Rodden, P.C., Philadelphia Business Planning Attorneys, Announce the Release of "IRS Reaffirms Its Commitment To Expand The Audits Of High Net Worth Individuals"
3. Ancient Native Remedy: Healing with Clay prescribed as Powerful Medicine: Zion Health's Clay Bath Detox Minerals now Available at Weaver’s Way Co-op in Philadelphia
4. Maiden Media Group Certified as Minority Business Enterprise in Philadelphia
5. Intervention Associates, Philadelphia Area Quaker Care Management and Guardianship Organization, Spins Off Direct Home Care Company
6. Quorn Foods Inc. Comments on an Article Regarding a Year in Review for Philadelphia’s Meatless Meals and the Restaurants That Serve Them
7. Philadelphia Malpractice Lawyers at Console & Hollawell Explore Negligence as Overdoses from Prescription Painkillers Now Kill More People than Heroin
8. Honda Issues Recall of 800K Vehicles, Philadelphia Attorneys at Console & Hollawell Warn Consumers of Their Potential Risks
9. People in crowdsourcing challenge find defibrillators in Philadelphia
10. Avid Collector Seeks Jimi Hendrix 1968 Electric Factory Philadelphia Concert Poster
11. Townsend Security Releases Short, Easy to Understand Data Privacy Videos for Business Leaders
Post Your Comments:
(Date:11/30/2015)... ... ... Products, Inc today announced the introduction of three Nightstick® brand LED traffic wands with an ... red ( NSP-1632 ), yellow ( NSP-1634 ) and blue ( NSP-1636 ), the SL-1600 ... 27 hours in blinking strobe mode using a fresh set of 3 AAA cells (included). ...
(Date:11/29/2015)... St. Petersburg, FL (PRWEB) , ... November 30, ... ... beauty are available today from the new company, Sublime Beauty NATURALS®. All products ... organic and natural products, like essential oils, organic facial serums and USDA Certified ...
(Date:11/29/2015)... Lake Orion, Clarkston, Metamora, Michigan (PRWEB) , ... November 29, 2015 ... ... child's football games, basketball games. Things that as a Mother and Wife would love ... it was no mistake that I just happened to call Dr. Zaidan first. They ...
(Date:11/29/2015)... ... November 29, 2015 , ... NewsWatch featured X-wing as ... available to consumers. Amanda Forstrom, a technology expert and special reporter for NewsWatch, conducted ... reality in the future. , It’s the future because flying cars are about to ...
(Date:11/29/2015)... ... November 29, 2015 , ... While conventional walkers afford considerable help with ... to exercise weights. Fortunately, an inventor from Uniontown, Pa., has found a way to ... the benefits of a standard walker to improve the user’s quality of life. To ...
Breaking Medicine News(10 mins):
(Date:11/30/2015)... , November 30, 2015 North ... and is expected to grow at a CAGR of 7.6% from ... was valued at USD 135.6 million in 2014, and is expected ... --> According to the new Market Research Report "North ... non-invasive), By End User (Hospitals, ambulatory care, others) - Analysis And ...
(Date:11/30/2015)... -- (HK$,000)For the Six Months Ended 30 September 2015 2014RestatedChange%Turnover 545,575 , ... 421,979 , 384,242 , 9.8 ... , (18.3) Medical Insurance Administration Service Income , ... Medical Devices and Accessories Sales , 89,645 , ... , 2,822 , 2,917 , ...
(Date:11/30/2015)... Calif. , Nov. 30, 2015 /PRNewswire/ ... the norm in U.S. medical imaging is ... increasingly popular accountable care payer-provider contracts are ... and, in their wake, alter provider-vendor relationships. ... payments will push forward new purchasing frameworks ...
Breaking Medicine Technology: