Does President Biden’s Budget Change QSBS ?

President Biden released his budget proposal for the coming 2023 fiscal year on March 28, 2022. Coming off the heels of the stalled Build Back Better Act, will the President try to work elements of the BBBA into the budget? The budget proposes a new … Read More

Minority-Owned Business QSBS

QSBS and The Growth of Crowdfunding: Republic

Investments in innovative startups are crucial to the future of our country. Yet equity investing is an inherently high-risk, high-reward venture, where a positive return isn’t always guaranteed, and taxpayers haven't always been qualified for profitable opportunities. As a result, QSBS legislation was enacted to provide incentives for … Read More

Gifting QSBS

The Benefits and Potential Consequences Behind Gifting QSBS

The provisions of Qualified Small Business Stock (QSBS) found under IRC Section 1202 are inarguably complicated to navigate. There are several aspects to consider when it comes to gifting QSBS. The stock donor and beneficiary will want to ensure that the QSBS gifting specifications are followed with … Read More

New Jersey QSBS

QSBS and Opportunity Zones: The Dynamic Duo in the Startup Ecosystem

Qualified Small Business Stock (QSBS) and Opportunity Zones (OZ) are tax codes enacted to fuel the job market and spark widespread economic growth. These tax codes also incentivize regional development in strategic areas, which creates an influx of capital and accessible work opportunities. Both of these tax … Read More