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IRS FUD: What you need to know about crypto taxes

TechCrunch

That means I don’t have to pay taxes on profits I make from trading crypto, right? Internal Revenue Service’ rules around crypto are sketchy in many areas, they’ve made it clear that virtual currency is treated as an investable asset for tax filing purposes. Taxable gains and losses. Fuzzy tax support.

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Why I Don’t Celebrate Income Inequality

Both Sides of the Table

Yes, income inequality exists and yes it’s a natural consequence of capitalism and other forms of government are decidedly worse than capitalism because they inefficiently create and allocate resources. They get huge tax breaks for doing so. VCs also get large tax breaks. Founders start companies.

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Use IRS Code Section 1202 to sell your multimillion-dollar startup tax-free

TechCrunch

These professionals often receive inquiries from founders, equity investment firms and venture capitalists looking for ways to save on or avoid capital gains taxes on future business sales. This change was made permanent by the Protecting Americans from Tax Hikes Act of 2015, signed into law on December 18, 2015.

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To succeed as an entrepreneur, make these 8 investments

Entrepreneurs' Organization

Oftentimes, entrepreneurs focus almost exclusively on top-line revenue growth that will lead to bottom-line profit gain. Invest in Tax Strategy. Successful entrepreneurs may not realize that their single biggest personal expense is their income taxes. Real estate is another area where entrepreneurs should allocate capital.

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How President Biden’s Tax Reform Could Impact Your Small Business

StartupNation

Information about tax changes the Biden administration is considering have recently leaked, creating some big headlines in media. First major tax hike since 1993 ,” according to Bloomberg. As a fractional CFO, my first reaction to any tax reform is: what does this mean for small business? Increase in corporate income taxes.

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7 Important Tax Strategies for Startup Founders

Startup Blogpost

From including your team in deductibles to researching specific exemptions, here are seven answers to the question, “What are your most helpful tax strategies that every startup founder needs to be aware of?” Deducting these costs from taxes can help save a lot of money for your business in the long run.

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Advanced tax strategies for startup founders

TechCrunch

You can implement numerous advanced planning strategies to minimize capital gains tax , reduce future estate tax and increase asset protection from creditors and lawsuits. Capital gains tax can reduce your gains by up to 35%, and estate taxes can cost up to 50% on assets you leave to your heirs.