by Mike Baker | Apr 13, 2025
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...
by Mike Baker | Mar 23, 2025
There has been much action in Washington D.C. with the new administration. One of the talking points that is still in process is the “One, Big Beautiful Bill” that addresses tax reform. Sunset Provisions Under the Tax Cuts and Jobs Act (TCJA) enacted during the...
by Mike Baker | Feb 4, 2025
Flashback to 2015. You were so excited when you started your company. You handed out stock options right away to your new employees and shared your expectation that the company would sell in a few years for a big pile of cash. Now it’s 2025 however, and...
by Mike Baker | Jan 6, 2025
Have you noticed that Carta won’t let your optionholders exercise unless you have a current tax code Section 409A valuation (which Carta allows to be board determined as a stop gap if the company is in the process of a financing or some other material event...
by Mike Baker | Jul 4, 2024
I’ve always thought FF stock was pretty creative. And with the secondary purchase plus “magical” exchange structure losing favor, perhaps it’s time to give FF stock another look. What is FF stock? Founders start a company. They grow it successfully for several years...
