The section of the rule SBJA applicable to most HN people is capital gains exclusion (and AMT pref exclusion) for QSBS, specifically for founder shares.
For going concerns with profits, sure, the other stuff matters (although I think the more liberalized depreciation, and allowing cellphones to be more easily expensed, is the relevant part). Anyone with enough revenue and profits to care probably has an accountant who is going to handle all of this for him, so it isn't as individual decision centric as the capital gains issues.
Comments
The section of the rule SBJA applicable to most HN people is capital gains exclusion (and AMT pref exclusion) for QSBS, specifically for founder shares.
For going concerns with profits, sure, the other stuff matters (although I think the more liberalized depreciation, and allowing cellphones to be more easily expensed, is the relevant part). Anyone with enough revenue and profits to care probably has an accountant who is going to handle all of this for him, so it isn't as individual decision centric as the capital gains issues.