Changes to the Tax Law Have Encouraged the Use of the Section 1202 Small Business Stock Gain Exclusion
The U.S. has allowed small business stockholders to exclude profits from stock sales from their income since 1993. However, the exclusion under Section 1202 of the Tax Code has taken on greater importance after the 2017 Tax Cuts and Jobs Act (TCJA) encouraged small business owners to form as C corporations. The TCJA cut the […]
