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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?"
Date:3/25/2013

$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 http://www.pozzuolo.com/Pubs_Articles.shtml

    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
    215-977-8200

    Read the full story at http://www.prweb.com/releases/2013/3/prweb10547054.htm.


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