QSBS Demystified: Tax Strategies for Founders and Tech Executives
Thanks again to Withum for their Platinum Sponsorship support of the OC Startup Council. To learn more about Withum's accounting and advisory services. please contact Allen Goh, Technology & Emerging Growth Services West Coast Team Leader - allen.goh@withum.com:
QSBS Quick Bites
Qualified Small Business Stock (QSBS) is one of the most advantageous provisions in the tax code.
It refers to stock issued by a qualified small business that meets specific criteria outlined in Sec. 1202 of the Internal Revenue Code. Withum’s Founders and Tech Executives Services Team is here to help you and your company understand the eligibility requirements for QSBS as well as different strategies you can employ to maximize your tax savings.
If you are ready to discuss your QSBS eligibility now, don’t hesitate to contact a member of our team.
View Our Short QSBS Quick Bites Video Series
Basic Qualifications
Understanding the basic qualifications and eligibility requirements for Qualified Small Business Stock (QSBS) can be difficult. Listen as Kristyn Amato of Withum’s Founders and Tech Executives Services team reviews the Sec. 1202 Company and Shareholder requirements for QSBS.
Sec. 1045 Rollover
Sec. 1045 Rollover allows for an election to rollover a gain on the sale of QSBS into another qualified small business to defer the current recognition of the gain on the sale. Listen as Jill Koonjy of Withum’s Founders and Tech Executive Services team discusses who qualifies for the rollover and the benefits of the election.
Packing
QSBS Packing is a strategic planning approach to maximize tax benefits under Sec. 1202 by increasing a taxpayer’s Sec. 1202 basis in the QSBS to “pack” the eligible gain excludable. Listen as Dan Krolikowski of Withum’s Founders and Tech Executives Services team explores some ways you can utilize the packing strategy to maximize tax benefits.
Stacking
QSBS Stacking is a strategic planning approach to maximize tax benefits under Sec. 1202 by attempting to multiply the holders of the QSBS to “stack” the eligible gain excludable under Sec. 1202.Listen as Nicole Angiuoli of Withum’s Founders and Tech Executives Services team shares how to stack QSBS as well as the tax benefits of doing so.
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Contact OCSC Platinum Sponsor Withum to learn more about their services. For Technology and Emerging Growth Services contact Allen Goh, Technology & Emerging Growth Services West Coast Team Leader - allen.goh@withum.com, Vince Phorn CPA – vphorn@withum.com, or Brenna Liana, Marketing - bliana@withum.com and learn more at https://www.withum.com/industries/technology-services/
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