by Mike Baker | Oct 18, 2025
The tax rates and deduction amounts for the 2026 calendar year are listed below. Federal ordinary income tax rates Single taxpayers If taxable income is between: The tax is: $0 – 12,400 10% of taxable income 12,400 – 50,400...
by Mike Baker | Oct 8, 2025
Updated. Originally posted May 1, 2021. When selling an S corporation, an increasingly common structure is the so-called “F” reorg QSub drop. This structure has gained popularity because it offers valuable tax advantages for both the buyer and the seller. Tax...
by Mike Baker | Oct 4, 2025
Why QSBS Still Reigns as the Startup Tax Break of the Century For founders, early employees, and investors in C-corporations, the Qualified Small Business Stock (QSBS) exclusion under IRC § 1202 is one of the most powerful wealth-preservation tools available. When...
by Mike Baker | Aug 8, 2025
A parachute payment, in everyday terms, is money (or property) paid to an executive when a company is sold — to help them “land softly.” In tax-speak, however, parachute payments are more complicated. Here’s the story: In the 1980s, after public outcry over executives...
by Mike Baker | Jul 30, 2025
We see a lot of cap tables, and we’ll be blunt: most early-stage startups get at least a few things wrong. Some mistakes are harmless—like rounding ownership to a tenth of a percent. Others can wreck a financing, trigger tax disasters, or undermine employee trust....
