Two recent IPOs earned venture capitalists billions through their stock market debut: data platform, Confluent, and health tech company, Doximity. Confluent raised an impressive $828 million and Doximity a not-so-paltry $606 million. Behind the scenes, four venture capital firms were quietly named the winners of the day. Which … Read More
The Most Significant Change to Colorado's Tax Code in Over a Decade Colorado’s proposed tax reform has officially become a reality. On June 23rd, Governor Jared Polis signed into law the most significant changes to the tax code that the state has seen in over a decade. Since … Read More
A new opportunity zone fund known by the acronym GRASS™ (Growth Resources, Assets, Safety, & Stability) is now open to investors. GRASS™ is a Regulation A+ offering, also known as a “mini-IPO,” which allows small companies to sell shares publicly by exempting them from many of the … Read More
New Capital Gains Tax Met with Lawsuits The State of Washington’s recent introduction of a new capital gains tax was met with two lawsuits within a matter of weeks. The first lawsuit was filed by the Freedom Foundation, a conservative think tank based in the state, which took … Read More
Tax Court of New Jersey, No. 020999-2010, October 9, 2012 KEY QSBS TAKEAWAY(S): In Aciu v. Director, the taxpayer failed to prove that the language in N.J.S.A. 54A:5–1(c) followed the federal tax exemption on the sale of capital gains under I.R.C. § 1202. Also, the taxpayer failed to … Read More
Maximizing gains from Qualified Small Business Stock (QSBS) involves an understanding of the applicable tax laws. One key factor is the time period the IRS is allotted to retroactively audit reported QSBS, also known as the statute of limitations. What is a Statute of Limitations? Broadly speaking, a statute … Read More
Not sure if the stock you’re invested in is QSBS, learn more about our QSBS Monitoring Platform 83(b) Election Basics An 83(b) election allows an individual to accelerate the date on which restricted shares are subject to ordinary income taxes, and potentially pay a lower tax now versus a … Read More
Not sure if the stock you’re invested in is QSBS, learn more about our QSBS Monitoring Platform As investors hear more and more about the qualified small business stock tax exemptions, they may be looking at their own portfolio and assets to see where this capital gains exclusion … Read More
For most of us it is a dream to be living retirement on a beach while sipping a pina colada. If you are reading this, I hope you are not wasting your time on the beach reading about taxation, unless you think you own qualified small business … Read More
As many American taxpayers and investors familiarize themselves with Qualified Small Business Stock, they may be eager to look towards their own shares or investment opportunities to see where they can reap the benefits of this favorable tax treatment. One of the industries excluded from leveraging Section 1202 … Read More