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
June 16, 2025 The U.S. Senate Finance Committee released legislative text within the Finance Committee’s jurisdiction for inclusion in Senate Republicans’ budget reconciliation bill today. Chairman Mike Crapo (R-Idaho) noted how the bill, “powers the economy by permanently extending critical pro-growth provisions and introduces new incentives for domestic investment, providing … Read More
Many non-U.S. startup founders initially incorporate in their home country but later reincorporate or create a subsidiary in the U.S. to access venture capital financing and a larger customer base. This trend is common among tech startups and businesses seeking global expansion. Additionally, the Trump administration’s new tariff … Read More
In early 2025, President Trump deployed a series of executive orders that could reshape regulations—and even deregulate—various sectors. These policy changes may significantly impact the venture capital (VC) ecosystem by opening new avenues for investment while also presenting challenges that stakeholders should consider. Many investors believe these policy … Read More
Under IRC Section 1202(e), at least 80% of a company’s assets must be actively utilized in a “qualified trade or business”. To ensure that assets are being actively deployed towards the qualified trade, a limitation exists on the amount of working capital that can be held (IRC … Read More
In preparing for a financing round, most of the focus lands on deal terms, valuations, and investor outreach. But one of the most powerful long-term tax advantages is often overlooked: Qualified Small Business Stock (QSBS) treatment. To help founders, investors, and advisors navigate QSBS during financings, QSBSExpert.com and … Read More