Changes in 2013 Tax Laws That Affect Small-Business Owners

The Illinois CPA Society’s magazine, Insight, reached out to Jeremy Dubow for his thoughts on what the 2013 tax changes will mean for both owners of small businesses and their investors. Overall it’s good news for small-business owners, with an extension of tax breaks from 2012, but there are intricacies that are hidden within the 2013 changes that can have serious implications on taxes owed, especially with respect to investments. Jeremy provides insight into one such instance: the retroactive instatement of a tax exclusion on gains from the sale of small-business investments – a huge benefit for investors – and how to ensure that those benefits are actually realized.

For the full article, click the link below.

Insight Magazine

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