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QSBS – 10x Basis

QSBS – 10x Basis

If you’re an entrepreneur you’ve no doubt heard from a buddy about qualified small business stock (“QSBS”). QSBS is stock in a C corporation that if held for more than five years can result in a 0% federal tax rate on a significant amount of gain. See here for more...
QSBS Checklist

QSBS Checklist

One of the biggest tax breaks in the Internal Revenue Code is qualified small business stock (QSBS). For founders, early employees, and investors, it can mean walking away from a big exit with little or no federal tax. Here’s the short version: If you invest in a...
Changes to QSBS under the OBBBA

Changes to QSBS under the OBBBA

Congress just passed, and President Trump signed, the One Big Beautiful Bill Act (OBBBA)—a sweeping package aimed at boosting American innovation and capital formation. Buried in the bill is Section 70431, which dramatically expands the Qualified Small Business Stock...
Choice of Entity

Choice of Entity

You have a brilliant business idea. And you can see yourself as a millionaire. But sadly, you’re frozen by the very first decision you have to make: Do you form the company as an S corp, C corp, or LLC? Today’s your lucky day. I’ll make it easy for you. If you plan on...
QSBS Attestation Letters

QSBS Attestation Letters

How do you pay $0 in federal tax on a gain of up to $10M or even more?  By selling qualified small business stock (QSBS) that you’ve held for more than 5 years. What is even more amazing, is that the government has left it up to the taxpayer to self-report whether the...