Monday, August 30, 2021

Qualifying for Section 1244 Stock Losses

The Tax Cuts & Jobs Act of 2017 changed the choice of entity decision quite a bit. It affords corporate taxpayers the benefit of the lower flat 21 percent tax rate. It provides non-corporate businesses a 20% qualified business income deduction. There were other changes too. This is in addition to the existing tax rules...Continue...Continue readingQualifying for Section 1244 Stock Losses

The post Qualifying for Section 1244 Stock Losses appeared first on Kreig Mitchell LLC – Texas Attorneys.



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