Tip of the Week: Invest in Small Business (8/16/99)

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	Invest in Small Business Financial Tip of the Week by Deloitte & Touche OnLine August 16, 1999

You can earn some special tax breaks for investing in small business.

See our archive of previous tips on your money, your taxes and your financial plan.

Putting money into a small business can have special tax advantages.

If you purchase at original issuance any shares of qualified small business stock and you realize capital gain after holding the stock for more than five years, you may exclude 50 percent of the gain when the shares are sold or exchanged. Alternatively, if you have owned the original small business stock for more than six months, you can elect to roll over any capital gain if you purchase other small business stock during the 60-day period beginning on the sale date.

See other tips for investors in our Tax Planning Guide. Your Deloitte & Touche financial advisor also can provide additional details and should be consulted before any action is taken.