Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2015

Summary

Incentivize Growth Now In Tomorrow's Entrepreneurs Act of 2015 This bill creates tax-exempt small business start-up accounts to pay for the start-up expenses (defined as expenses for investigating the creation or acquisition of an active trade or business) of a business that does not employ more than 50 full-time employees during a taxable year. Cash contributions to such accounts are allowed up to the lesser of $10,000 or the amount of compensation includible in the taxpayer's gross income for the taxable year.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 January 2015

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• Introduced in House (PDF)

  Introduced in House · EN · 9 January 2015

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• Introduced in House

  summary · EN · 9 January 2015

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