Section 16

IRC Section 1244

With the proposed capital gain law, benefits under Section 1244 may improve. As much as $100,000.00 a year may be deducted from ordinary income under this IRS code on the sale of stock in a small business corporation, preventing it as a "capital loss."

The corporate record books provided by CRA of America, LLC include an IRC 1244 package explaining the full benefits and how to act on them. Includes:

· Introduction and explanation of IRC 1244

· Instructions

· Resolution of Directors

· Letters to Shareholders

· Twenty self-adhesive legends for share certificates

· Corporate Record Forms

· Section 1244

· Senate Committee Report


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