“Small C Corporations benefit from issuing Section 1244 Stock as it offers shareholders better tax treatment if they lose money on the disposition of their C corporation stock. It is best to create a written corporate resolution that specifically states that the shares are Section 1244 stock. Also, make sure to authorize more shares than you’ll sell.”
Published by Notable Office
I am at the best when I use data and my expertise in process improvement to help individuals and small to large businesses reduce process costs, solve process/business problems, and improve efficiency, productivity and customer satisfaction.
View more posts
Notable 