Don't forget QSBS Sec. 1244. Even fewer folks know that their losses (if an early investor and the company fails) can be deducted against ordinary income.
I completely agree with this opinion: "50% of gross receipts must be from income other than royalties, rents, dividends, interest, annuities, and gains from sales and trades of stocks or securities during the past five tax years before the loss."
Don't forget QSBS Sec. 1244. Even fewer folks know that their losses (if an early investor and the company fails) can be deducted against ordinary income.
I completely agree with this opinion: "50% of gross receipts must be from income other than royalties, rents, dividends, interest, annuities, and gains from sales and trades of stocks or securities during the past five tax years before the loss."