Federal QSBS Exclusions and State Tax Implications Allowing capital gains tax exclusions for Qualified Small Business Stocks (QSBS) encourages investment in US small business. QSBS laws help provide capital for these businesses while offering a savvy tax strategy for investors who want to minimize capital gains taxes. Investors who … Read More
The Washington State Legislature passed a bill this April that issued a capital gains tax on individual state residents. Historically, Washington’s non-existent state income tax carried over into capital gains meaning Washington investors paid zero state tax on the sale of long-term stock. When the new 7% … Read More
Not sure if the stock you’re invested in is QSBS, learn more about our QSBS Monitoring Platform Federal QSBS Exclusions and State Tax Implications Allowing capital gains tax exclusions for Qualified Small Business Stocks (QSBS) encourages investment in US small business. QSBS laws help provide capital for these businesses … Read More
How do you expect the recent election to impact QSBS in the state? After the results of the 2020 election were certified, we’ve seen QSBS investors take several potential tax law changes into account in their investment strategy. There have only been talking about the potential tax law … Read More
Virginia follows the tax exclusion (100%) on capital gains from the sale of Qualified Small Business Stock (QSBS) (as per IRC Section 1202). Therefore, any capital gains that might have occurred on QSBS sales will not only be excluded from federal income taxes but also state income … Read More
It is easy to forget about the implications of state and local taxes on your income whether it is W-2 wages or capital gains on an investment. If you are an investor be sure to check out your state's tax treatment of capital gains because they could … Read More
If you are googling "states with no income" you must be either getting ready for tax season, moving to a new state, starting a business, or have a current or potential Section 1202 qualified small business stock opportunity. Am I right? Well, you've come to the right … Read More
Connecticut has a strong innovation ecosystem, starting with world class educational institutions, a thriving venture capital community, and a supportive government. CT Entrepreneur Awards recognize the companies leading the way in CT each year. In 2020, Encapsulate, an early stage company founded in Farmington, CT, won the Scalable … Read More
Help for Entrepreneurs Connecticut Innovations (https://ctinnovations.com/) is Connecticut’s strategic venture capital arm and is the leading source of financing and ongoing support for innovative, growing companies. By offering equity investments, strategic guidance and introductions to valuable partners, we enable promising businesses to thrive. CTNext (https://ctnext.com/) has an array of … Read More
Beyond following the Section 1202 tax exclusion, Missouri offers four different tax credit programs to businesses and investors in the state of Missouri. Enhanced Enterprise Zone Tax CreditWine and Grape Tax CreditRebuilding Communities Tax CreditSmall Business Incubator Tax CreditQuality Jobs Program Tax Credit Read More