Section 16 |
IRC Section 1244 |
| With the proposed capital
gain law, benefits under Section 1244 may improve. As much as $100,000.00
a year may be deducted from ordinary income under this IRS code on the
sale of stock in a small business corporation, preventing it as a "capital
loss."
The corporate record books provided by CRA of America, Inc. include an IRC 1244 package explaining the full benefits and how to act on them. Includes:
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