If you’re paying estimated taxes in 2009 and you own small business stock, here’s something for you to consider. According to the IRS:
The exclusion of gain from the sale of qualifying small business stock is increased to 75% for stock acquired after February 17, 2009, and before January 1, 2011.
Keep this, as well as the other tips about what’s new in estimated taxes for 2009 in mind as you get ready for the next estimated tax deadline of September 15.
