Why Investing in Small-Business Stock
May Make More Tax Sense Than Ever
purchasing stock in certain small businesses, you can not only
diversify your portfolio but also enjoy preferential tax
And under a provision
of the tax extenders act signed into law this past December
(the PATH Act), such stock is now even more attractive from a
exclusion from gain
The PATH Act makes permanent the exclusion of 100% of the gain
on the sale or exchange of qualified small business (QSB)
stock acquired and held for more than five years. The 100%
exclusion is available for QSB stock acquired after September
27, 2010. (Smaller exclusions are available for QSB stock
The act also permanently extends the rule that eliminates QSB
stock gain as a preference item for alternative minimum tax
A QSB is generally a domestic C corporation that has gross
assets of no more than $50 million at any time (including when
the stock is issued) and uses at least 80% of its assets in an
active trade or business.
factors to consider
Of course tax consequences are only one of the many factors
that should be considered before making an investment. Also,
keep in mind that the tax benefits discussed here are subject
to additional requirements and limits. Consult us for more
details. Call us at
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,