QSBS is popping up more and more these days, whether in M&A transactions, IPOs, regulatory changes, politics, entrepreneurship and in many more areas. Here are some of the recent developments we are following.
Will America Continue to Drive Global Innovation? The Potential Cost of Changing QSBS (2/6/2025) - As talks about extending the Tax Cuts and Jobs Act (TCJA) heat up, policymakers are examining different tax policy changes to help balance the budget. Yale’s Budget Lab is studying various potential focus areas and, on January 24, 2025 zeroed in on Section 1202 of the Internal Revenue Code (IRC)—the Qualified Small Business Stock (QSBS)… Read More3 Fastest Growing Industries for Startups in 2025 and Beyond (2/3/2025) - The 2020s have been rife with business, political, and economic disruptions that completely reshaped daily life and the economy. The investing landscape of 2025 promises unique opportunities for startup investing, driven by new disruptors entering the market to meet strong demands for both physical and digital goods and services. Startups in certain industries form… Read More
QSBS Attestation Explained: Do You Really Need It? (1/21/2025) - What Is QSBS Attestation? QSBS attestation is a tool investors can use to confirm a stock's eligibility for QSBS tax benefits. Think of it as a third-party validation that a company and its stock meet the specific requirements of Section 1202 of the Internal Revenue Code. While not legally required, attestation can help avoid errors when claiming the exemption and… Read More
QSBS Benefits and 2025 Tax Reform: What to (Potentially) Expect (1/8/2025) - Qualified Small Business Stock (QSBS) has existed for over 30 years. Launched under the auspices of Internal Revenue Code Section 1202, QSBS helps support the growth of small businesses by providing tax incentives for accredited investors and funds. Meanwhile, the Tax Cuts and Jobs Act (TCJA) of 2017 encouraged small businesses to change their legal… Read More
IRS Retains QSBS on “No-Rule” List for 2025 (1/4/2025) - The Internal Revenue Service (IRS) has indicated that it is still working on new guidance related to Qualified Small Business Stock (QSBS) by maintaining it on the no-rule list in the newly released Revenue Procedure 2025-1. This decision means that the IRS will not issue Private Letter Rulings (PLRs) on specific facets of QSBS, especially… Read MoreThe Benefits of QSBS for Estate Planning (12/21/2024) - If you hold qualified small business stock (QSBS), Section 1202 of the tax code allows you to eliminate up to $10 million in capital gains from federal taxation. Even better? The benefits don't stop there. You can extend these advantages across generations through strategic gifting as part of your estate planning—provided you carefully consider… Read More
Does Kamala Harris Support QSBS? (9/4/2024) - Vice President Kamala Harris is set to unveil new tax proposals to support small businesses, and put the Democratic platform into action.. These proposals include a ten-fold increase in the federal government's small business tax deduction from $5,000 to $50,000. The campaign highlighted that this increase is intended to alleviate the significant costs associated with… Read More
Unlocking the Potential of QSBS: A Key to Boosting Startups (9/2/2024) - In today’s global economy, innovation remains on the central stage as the key enabler that leads to growth. Thus, it is important to have legislation that supports these fresh and innovative enterprises. One of the prominent policies in this area is the Qualified Small Business Stock (QSBS), a tax advantage enacted by Congress under section… Read More
Harnessing QSBS for Optimal Returns: Primary Venture’s Co-Founder, Ben Sun (8/21/2024) - Primary Venture Partner’s co-founder, Ben Sun, recently sat down with Samir Kaji (CEO and founder of Allocate) on Samir's Venture Unlocked podcast. Amongst the topics discussed, Sun detailed how QSBS played a role in Primary’s recent secondary sale of one of their portfolios. This discussion gives an insight into how QSBS has become an essential… Read More
Scott Galloway’s Tax Optimization Strategies Unpacked (7/7/2024) - Navigating the intricate world of tax optimization demands a strategic approach to financial management. Scott Galloway, Professor of Marketing at NYU Stern School of Business and co-host of the enlightening podcast "Prof G Markets" with Ed Elson brings a unique blend of academic insight and practical wisdom to the forefront. Beyond his academic accolades, Galloway… Read MoreGet in Touch
This article does not constitute legal or tax advice. Please consult with your legal or tax advisor with respect to your particular circumstance.