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Explain how the following tax provisions encourage small businesses by completing each set of statements. a. Shareholder's loss on business stock investment: One tax provision
Explain how the following tax provisions encourage small businesses by completing each set of statements. a. Shareholder's loss on business stock investment: One tax provision enables a shareholder in a small business corporation to obtain the preferable deduction for any loss recognized on a stock investment. Normally, such a loss would receive the less attractive treatment
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