As a investor in an investment fund, it is imperative to know what the tax implications may be for when you receive your pass-through distributions from the investment fund. QSBSExpert is here to help! What Businesses Qualify for QSBS?Can My QSBS Gain(s) Be Excluded from Taxes?What are the … Read More
Section 1202 Qualified Small Business Stock is often an overlooked or unheard of tax incentive to stockholders. If you are a lawyer or accountant you can save your client up to 100% in capital gains taxes. QSBSExpert is here to help! What Businesses Qualify for QSBS?Can My QSBS … Read More
As an investor taking on risky investments in qualified small businesses you want to maximize your potential gains by leveraging the tax incentives written for you. Your stock may be eligible for a 100% capital gains tax exclusion. QSBSExpert is here to help! What Businesses Qualify for QSBS?Can … Read More
As a manager of an Investment Fund, it is imperative to know both what the tax implications may be for investments you’re considering entering and tax treatment of gains for your Limited Partners as they are sure to ask you. QSBSExpert is here to help! Which Portfolio Companies … Read More
Not sure if the stock you’re invested in is QSBS, learn more about our QSBS Monitoring Platform The QSBS exclusion is $10M or 10x the initial investment for each QSBS issuer whether you are married or not. Under Section 1202(b) if the taxpayer is married but filing jointly … Read More
A tiered partnership involves an upper-tier, the parent or holding company, and a lower-tier, the subsidiary. Generally, the partners of the parent company will have pass-through income or losses from the subsidiary that passes through the parent. For tax purposes, the partners of the parent company are … Read More
Under IRS Top No. 409 a taxpayer has a capital gain for the amount received over the adjusted basis of their exchanged property. This gain could be short or long-term depending on the holding period. Section 1202 states "the adjusted basis of any property contributed to the … Read More
Not sure if the stock you’re invested in is QSBS, learn more about our QSBS Monitoring Platform The IRC Section 1202 does not explicitly address transfers to trusts, but it can be implied that if the QSBS transfer is considered donative the QSBS will maintain its holding period … Read More
Partnerships can elect the Section 1045 rollover, but there are some nuances between various situations in terms of who has the authority to purchase replacement QSBS. The IRS has laid out detailed guidelines over the treatment of the Section 1045 rollover for partnerships. The guidelines are summarized … Read More
Section 1202(f) states "If any stock in a corporation is acquired solely through the conversion of other stock in such corporation which is qualified small business stock in the hands of the taxpayer then (1) the stock so acquired shall be treated as qualified small business stock … Read More