California, New Jersey, and D.C. aren’t the only states in the QSBS news as of late— Arizona is making some headlines. For several weeks, Senator Kyrsten Sinema of Arizona and Senator Joe Manchin of West Virginia stood against the BBBA as it recently worked its way through … Read More
On December 20, 2021, New Jersey’s State Senate passed a bipartisan bill (S. 4127) allowing for deductions to individual income tax from the sale of certain Qualified Small Business Stock (QSBS). To qualify for the deduction in New Jersey, the stock has to satisfy the federal Section … Read More
Investors and the collective startup community remain hopeful that QSBS tax exemptions will remain intact after Democratic Senator Joe Manchin of West Virginia confirmed his decision to oppose the Build Back Better Act (BBBA). Senator Manchin expounded on the details of his opposition to the bill on … Read More
How Early-Stage Investors Feel About the Proposed BBBA
Gillian Tett, editor-at-large of Financial Times, shared her stance on the stark divide between the “haves” and the “have nots” of the investment universe. Early-stage investors are left feeling vulnerable by the proposed Build Back Better Act (BBBA), while … Read More
The startup ecosystem is making a seismic impact on our nation's economy. It has jumpstarted economic growth, grown technological innovations, and contributed to job creation and retention. Not only that, investing in the startup ecosystem could be highly beneficial for High-Net-Worth (HNW) investors that are looking to … Read More
American policy and legislation is an ever-changing landscape. The Build Back Better Act (BBBA) has been in the news daily since President Biden’s first proposal back in April. Few Americans would be unaffected by this piece of legislation and multiple changes along the way have sparked interest … Read More
The Build Back Better Act (BBBA) and the proposed amendment to QSBS are threatening the current way small businesses are operating today, and those who invest in these businesses are rightfully concerned. Among these stakeholders are angel investors who fund a large percentage of small businesses through … Read More
In an article penned by tax experts Benjamin M. Willis and Ryan J. Dobens which quickly created a buzz, the authors predict the House’s version of Biden’s Build Back Better Act will not likely make it past the Senate in its current form.
Section 138149 of the Build … Read More
With the Build Back Better Act (BBBA) changing the way small businesses are operating and utilizing Qualified Small Business Stock (QSBS) incentives, many stories are being shared describing the reality of what could happen if these proposed amendments are enacted into law.
Several members of our coalition have … Read More
Many people believe Biden’s Tax Plan will only affect the wealthiest of America; however, many others will be directly impacted. One of these classes of individuals, that will be affected by the tax plan, is the employees of Startups—America’s backbone of economic innovation. The lawmakers behind this … Read More