Save on Capital Gains Taxes This tiny provision could save you big dough.

A little-known provision in the tax code could result in big savings in capital gains taxes if you invest in entrepreneurial ventures. Under the provision (Section 1045), you're allowed to roll gains from one small-business investment into another and put off paying taxes owed from the initial investment, the money for which can be from any source. With this type of tax deferral, if you roll over all your gain, you may get 100 cents on the dollar when you reinvest. To qualify for the deferral, the investments must be considered Qualified Small Business Stock (QSBS), meaning the stock has to satisfy all the requirements stipulated in Section 1202 of the law.

SOURCE: Entrepreneur magazine

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Money & Finance

How Much Money Do You Need to Retire Comfortably in Your State? Here's the Breakdown.

Regardless of where you spend your golden years, it pays to be realistic about the cost of living.

Buying / Investing in Business

Former Zillow Execs Target $1.3T Market

Co-ownership is creating big opportunities for entrepreneurs.

Business News

Did Apple Block Fortnite From the App Store? Here's What We Know.

Epic Games' megahit "Fortnite" is currently unavailable on iPhones in the U.S. and the E.U.

Business News

These Are the College Majors With the Lowest Unemployment Rates — and Philosophy Ranks Higher Than Computer Science

An analysis of employment data from the Federal Reserve Bank of New York shows that some humanities majors rank higher than STEM majors in employment prospects.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Money & Finance

Turn Simple Ideas Into Never-Ending Paychecks With This Low-Effort Passive Income Strategy

A micro-hustle lets you build once, sell forever and earn money while you sleep.