Qualifying Small Business Stock

Despite a limited application where a taxpayer can benefit from the Qualifying Small Business Stock (QSBS) exemption, the instances where it would apply reaps incredible tax benefits for taxpayers. If you have owned shares of a C-Corporation for at least five years, and you meet industry eligibility as well as asset requirements, you may be able to exclude up to 10,000,000 in gains. This generally applies to start-up type businesses, so if you are interested in learning more about eligibility please contact us!