What do you look for when examining the accounting for a small business stock purchase? Asking for specific types of errors and red flags.

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There are actually niche parts of consulting practices that do Section 1202 review. You have the basic rules, which most tax professionals are familiar with, but also some more esoteric rules regarding stock redemptions and working capital.

Thank you, I'll definitely look into Sec 1202. Could you elaborate on the basic rules?

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