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Omb No 1513 0128 Form

Omb No 1513 0128 Form

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you're basically telling me with the qualified small business exemption 10 million of that 15 million could be tax free worst case scenario 10 million tax free the 1202 in the tax code is the qualified small business stock tax exemption it's something that i think a lot of entrepreneurs and investors really don't know about if they're starting out i think a lot of people that maybe aren't in the tax space have never heard of this too it's essentially a great tool that the government gives to you um i told you before that the government is usually pretty mean and wants to take you know your taxes from you but they actually throw your bone in this situation and under certain circumstances if you have a c corp that we just spoke about moments ago you could potentially have a business that grows in value and when you exit years later you may have a significant gain from the exit that is actually not taxable to you so this 1202 can be a fantastic tool to really save um a lot on taxes you kn

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