Carta, an ownership and equity management platform with a deep understanding and influence within the American startup ecosystem serving over 20,000 corporations, has published its stance on the proposed policy to limit the QSBS exemption. As a reaction to the House Ways and Means Committee’s proposed amendment … Read More
Earlier this month, the House Ways and Means Committee released their markups to the Build Back Better Act legislation that would help cover the American Jobs Plan and the American Families Plan. While the original proposal included verbiage that protected QSBS and its 100% tax exclusion, the … Read More
Intuit, the maker of TurboTax, QuickBooks, Mint, and Credit Karma, is buying Mailchimp, for $12 billion in cash and stock. While the global technology platform has previously maintained a strictly financial vertical, there are many reasons to celebrate the acquired all-in-one Marketing Platform. What is Mailchimp? Mailchimp is an … Read More
Recent markups to the Build Back Better Legislation include an amendment to the previously-untouched Section 1202, which outlines the Qualified Small Business Stock tax exemption. The House Ways and Means Committee added verbiage that would limit the potential 100% federal tax exclusion of the capital gain recognized … Read More
In the months since President Biden announced his tax reform proposal that included a tax hike on income recognized from capital gains, investors have been keeping a close eye on the political climate and the likelihood that this change would be enacted. Currently, there are only 3 … Read More
Sheryl Sandberg, Chief Operating Officer of Facebook, spoke with Bloomberg about their 56% growth in advertising revenue and how it relates to post-pandemic trends in small businesses. As businesses struggle to get customers in the door, they are turning to both e-commerce solutions and social media marketing … Read More
As we follow stock market trends this year that have included booms in EdTech, foreign intervention, and record setting weeks for IPOs, another popular trend is less about industry or profit, and more about mission. We reported last month, how Allbirds $1.7 billion valuation prepared them for their … Read More
Please feel free to pass this on to any investors, angels, venture funds, and early stage companies, etc...and join our coalition to let congress know how this will harm innovation.Right now, the House Ways and Means Committee is meeting to discuss an amendment to the Qualified Small Business Stock (QSBS) tax … Read More
Update as of August 16, 2022 The Inflation Reduction Act was signed into law on August 16, 2022, excluding the curtailment of QSBS that was included in the House's version of the Act (the "Build Back Better Act"). As a result, no changes were made to IRC … Read More
The release of the markups to the Build Back Better Act have QSBS investors and founders worried about their eligible tax exemption. The House of Representatives has made edits to the plan, including the American Jobs Plan and the American Families Plan, in order for the budget … Read More