Withum’s QSBS Insights: What You Need to Know

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

Qualified Small Business Stock Quick Bites

Withum TechWritten by Daniel Krolikowski, Partner at Withum

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...

Read the rest of this article at withum.com...

Contact Withum today for help with your Startup Advisory, Tax, and Audit Needs

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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