Blog Posts in April, 2013

  • Dakessian quoted in LA Daily Journal regarding FTB's retroactively elimination of tax incentive

    Since 1993, California had provided its own version of a federal income tax law that allowed for the sale of qualified small business stock to be excluded as a tax deduction. This was only for company’s who had at least 80% of their payroll and assets within California. The Franchise Tax Board eliminated this tax deduction for those who invest, buy or sell startups, and began billing those who had ...
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