So far, all the posts in this angel taxes series have been about federal taxes. Some states’ capital gains match the federal treatments; some don’t (being an angel investor in California is much more expensive post-tax than in the Carolinas!).But today’s post moves us...
Last week’s post about the after-tax returns of angel investors was prompted partly by Malay and partly because it’s the time of year when people buy and sell 2018’s angel investor tax credits.Our members and others want to buy these credits, so if you have some but...
Across our series of posts last month, we tried to slay the myth that most angels lose money. Most VentureSouth angels do not.An avid reader and successful angel suggested we consider the post-tax returns (thanks Malay), so here we go.First, taxes on successful...
Our recent series of posts about the South Carolina angel investor tax credit (summary here) and Crowdr video (here) about the tax implications of angel investments prompted several people to email with questions. Below are our attempts at answers. As always, discuss...
Over the last couple of weeks, I think we’ve told you everything we know about the SC angel investor tax credit.As a quick reminder, it is a credit against your South Carolina income tax liability, of up to 35% of the amount you invest in a qualified South Carolina...
Continuing our series on the SC angel tax credit, this post updates our data on the use of the credit. This is publicly available information, but I don’t think it is summarized in one place, so we hope it is useful.Qualified BusinessesThe chart below updates our...
When the “High Growth Small Business Access to Capital Act” was passed and created the SC angel investor tax credit, it included Section 11-44-65 which outlines what happens when an investment pays off. Essentially, if the investor recognizes a capital gain, some...
SC angel investor tax credit – a sellers FAQIf you made an investment in a qualified South Carolina company and received an angel investor tax credit but don’t have any South Carolina income tax liability you can sell your credit. This FAQ explains how.We are not tax...
Anyone can purchase a SC angel investor tax credit to save money on their SC income tax bill. We tried to create an easy-to-understand FAQ. We probably failed, but hope perhaps the below is helpful anyway. Note: We are not tax advisors or giving tax advice: consult...
There aren't many places to go to learn about the SC angel investor tax credit. Our intro guide tries to explain what the credit is for, but there are nuances and some aspects of the credit that the guide doesn't cover.How do I sell a credit I can't use? How do I find...