Dr. Friday 0:00
Good day. I’m Dr. Friday, President of Dr. Friday’s Tax and Financial firm. To get more info go to www.drfriday.com. This is a one-minute moment.
Dr. Friday 0:12
What should you know about investing from a tax standpoint? We’ve already covered one. Make sure you hold your investment over one year, but also maybe invest in a small business because we all know that back in 2015, they actually had a new tax law that allows you if you invest in a small business and you hold that for at least five years, you could be excluded from the capital gains tax on that 100% exclusion. So maybe helping a small company invest in it in the right way, making sure it’s set up properly so that their stocks survive, but there is a way that you can get your money back and pays zero tax.
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