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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:

· Introduction and explanation of IRC 1244

· Instructions

· Resolution of Directors

· Letters to Shareholders

· Twenty self-adhesive legends for share certificates

· Corporate Record Forms

· Section 1244

· Senate Committee Report

 

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Published by:

CRA of America, Inc.™
3638 Rancho Drive, Suite 6
Las Vegas, Nevada 89130 U.S.A

Telephone (702) 243-9150
FAX (702) 243-6896

e-mail: info@craofamerica.com