if your illiquid assets then go to zero (as happens in startups) you could be screwed beyond wordstaxes on unrealized gains counting as prepayments against future realized gains (including allowing refunds if you ultimately make less).
if your illiquid assets then go to zero (as happens in startups) you could be screwed beyond words
taxes on unrealized gains counting as prepayments against future realized gains (including allowing refunds if you ultimately make less).
Those seem contradictory, would you mind elaborating?
Those seem contradictory, would you mind elaborating?