Monthly Archives: June 2010

How Will the 2,000 Page Dodd-Frank Wall Street Reform and Consumer Protection Act Affect Startups?

You can find the text of the final, post-conference committee Dodd-Frank bill here. The sections relevant to startups that we were tracking were sections 412 and 926. The final language of these sections is quoted below. How badly did startups … Continue reading

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Political Action Scorecard

I recently received an email from a friend asking for a status report on a couple of the securities and tax law issues that I have been twittering about as they’ve flowed through the political system. Below is a “political … Continue reading

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New Proposed S Corporation Tax Bill Revised

As I blogged last week, Congress is considering taking away the employment tax benefits of being an S corporation for certain small professional services businesses. The first bill that was proposed targeted S corporations engaged in professional service businesses if … Continue reading

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House Passes 100% Exclusion On Sales of Certain Qualified Small Business Stock

Today the House passed a bill which would completely exempt from capital gains taxes (subject to per taxpayer limitations) the gain on the sale of qualified small business stock held for more than 5 years, if such stock was purchased … Continue reading

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House To Consider Bill Eliminating Capital Gains Taxes On Small Business Investments As Early As This Week

As reported in the Wall Street Journal, the House may consider as early as Thursday a bill that would temporarily eliminate capital gains taxes on qualified small business stock held for more than 5 years, in an attempt to drive … Continue reading

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