How may the Biden Tax Legislative Agenda and Stimulus Impact QSBS?

Among the many questions regarding changes that will be implemented by the Biden administration are the potential for changes to tax policy. 

The tax plan released by Biden before the election included a number of policies that would raise taxes on individuals with income above $400,000, including raising individual income, capital gains, and payroll taxes.  Biden would also raise the corporate income tax rate, potentially from the 21% enacted by the Trump administration to 28%, and imposing a corporate minimum book tax.

Does the Biden administration support the QSBS capital gain exemption?

How might other Biden administration policies impact QSBS?

Let us know your thoughts on how Biden administration policies may impact QSBS.

This article does not constitute legal or tax advice. Please consult with your legal or tax advisor with respect to your particular circumstance.

About QSBS Expert

QSBS Expert was founded by a group of entrepreneurs, investors, accountants and lawyers who came together when trying to navigate a QSBS situation of their own. We quickly realized that the regulations left a lot of open questions and the publicly available information was confusing to sift through…so we thought that others may also benefit from having a “go to” resource for all things QSBS.