Angel investors will get a federal tax cut for investing in
government-funded technology start-ups under proposed legislation.
Five
members of Congress – including Jared
Polis, the founder of Proflowers.com and Bluemountain.com
and a first-term Democrat from Colorado – are proposing a
new tax break that would provide a 25 percent credit for an equity
investment in a company that has already qualified for a federal
research and development grant program for small businesses.
To read the full, original article click on this link: Congress Considers Federal Tax Credit for Angels For Supporting SBIR Funded Startups
Author: Courtney Rubin
