Companies joining the New York Stock Exchange or Nasdaq at the beginning of 2021 enjoyed dramatic increases in share prices, but this trend is now on the decline. Since the first quarter of the year ended, even companies whose initial public offering (IPO) debuted at a high … Read More
President Biden’s proposed budgetary plan may make it difficult to meet his campaign promise never to raise taxes on those making $400,000 a year or less. According to some experts from the Tax Policy Center, Biden’s proposal to increase the capital gains tax may mean that about … Read More
President Biden’s capital gains tax proposal would result in hefty tax consequences for America’s wealthy, including members of Biden’s own cabinet. Biden has argued that raising capital gains rates for households making over $1 million would generate enough funding for proposed antipoverty and education programs, stoking the … Read More
The Washington State Legislature passed a bill this April that issued a capital gains tax on individual state residents. Historically, Washington’s non-existent state income tax carried over into capital gains meaning Washington investors paid zero state tax on the sale of long-term stock. When the new 7% … Read More
Stock exchange operator Nasdaq has successfully petitioned the SEC (U.S. Securities and Exchange Commission) to allow companies to raise capital through direct listings. This presents companies that have not yet debuted on the stock market with an alternative to the traditional IPO (initial public offering). Companies looking to … Read More
On September 13, 2021, the House Ways and Means committee released proposed amendments to the Build Back Better Act which would impact QSBS treatment The release of the markups to the Build Back Better Act have QSBS investors and founders worried about their eligible tax exemption. The House … Read More
President Biden’s address to congress this week in regards to his American Jobs Act and American Families plan was based on competition. In order to compete on the world stage to “win the 21st century,” Biden laid out the benefits of his plans that will add infrastructure … Read More
As American taxpayers await the unveiling of the Biden Administration’s tax proposal, investors can’t help but uneasily imagine the effects it will have on their long term capital gains. It has been stated that the sharp raise in capital gains tax, from a top rate of 23.8% to … Read More
Real estate brokerage Compass Inc. went public on April 1, 2021. The company backed by SoftBank Group Corp.’s Vision Fund sold 25 million shares for $18 each. Any individual owning stock purchased or received directly from the company could potentially be eligible for the QSBS capital gains tax exclusion or … Read More
Stock in Coursera began trading with a double-digit gain after the online education company late Tuesday priced an initial public offering at the high end of the range investors had been told to expect. The stock opened for trading on March 31, 2021, at $39, up about 18% from … Read More