An artist can sell out tours, launch a successful merchandise brand, and build a loyal audience, yet still miss out on one of the most valuable tax incentives available to founders and early investors. That is the central message of Jared Brenner's Forbes article, which makes a … Read More
The warning from Treasury was unusually direct. Kenneth Kies, Treasury assistant secretary for tax policy and acting IRS chief counsel, left little doubt about the government’s posture when he said, “Let me just warn you: We don’t like stacking,” adding, “Just keep an eye out for that.” At … Read More
Treasury is “working diligently” on regulations tied to the Qualified Small Business Stock (QSBS) gain exclusion under Section 1202, according to Bloomberg Tax. Treasury attorney-adviser Evan Adams said at the American Bar Association Tax Section’s May meeting that both the scope and timing of the project remain … Read More
A recent Tax Notes piece by Manoj Viswanathan of the University of California College of the Law, San Francisco argues that the current system for claiming the Qualified Small Business Stock exclusion places too much responsibility on the wrong party. Rather than requiring shareholders to prove Section … Read More
Qualified Small Business Stock is often described as one of the most powerful tax incentives available to founders and early-stage investors. But as a recent FBT Gibbons article by Scott W. Dolson makes clear, Section 1202 planning can become far more complicated when a corporation has any … Read More
A recent article by Scott Robert Buzzard, Christopher Steele Brown, and Mark A. Melton of Holland & Knight highlights a persistent risk in the world of Qualified Small Business Stock (QSBS): stock redemption rules that can quietly undermine eligibility for one of the tax code’s most valuable … Read More
We’re proud to share Tax Notes profile of CapGains Inc.’s co-founder, Jonathan Fish, in its October 13, 2025 issue. In “CapGains Inc. — The Startup Born From a Tax Code Section,” attorney and journalist Philip Wolf interviews Jonathan about how CapGains is using technology and deep tax expertise … Read More
Introduction: How Technical Corrections Could Impact QSBS 2.0 In his article “Get Ready for A Parade of Technical Corrections on Tax Bill,” Tax Notes reporter Doug Sword noted that inevitably there will be technical corrections to the One Big Beautiful Bill Act (OBBBA). For investors, these corrections will … Read More
Companies that are engaged in activities that do not fall under the definition of a Qualified Trade or Business risk eligibility for their stock qualifying as Qualified Small Business Stock (“QSBS”). All is not lost however if a company partakes in some “non-qualified” activities. Provided the value … Read More
July 1, 2025 Today the senate narrowly passed the “One Big Beautiful Bill”. The provisions expanding IRC section §1202 / Qualified Small Business Stock (QSBS) remained unchanged from the initial version of the bill, and include: Increasing the Corporate-Level Aggregate-Asset Ceiling to $75M (from $50M prior to the bill) … Read More