Tax break may help spur interest in small business investments
Senior Staff Writer- Dallas Business Journal
Darlene Ryan isn’t afraid of tax questions.
A certified public accountant, Ryan was once a partner at a large accounting firm, but these days is executive director of TECH Fort Worth, a Cowtown incubator.
Her tax background came in handy for a chat this week on new rules that give an extra incentive to investors in small businesses.
That would be the two-year extension of a 100-percent exclusion on capital gains taxes for qualified investments into qualified small companies.
Put another way: If you acquire (or acquired) stock in 2012 or 2013 in certain small businesses, you won’t have to pay any capital gains taxes if you sell that stock five years or longer after you bought it.