Qualified Small Business Stock: Maximizing the Section 1202 Exclusion for Startup Investors
Recording of a 110-minute CPE webinar with Q&A
This course will explain how a business and its shareholders meet Section 1202 eligibility requirements for qualified small business stock (QSBS) to eliminate or reduce taxation of capital gains. Our panel of tax experts will discuss the corporate requirements, shareholder requirements, and the substantial tax savings available for qualifying stocks.
Outline
- Qualified small business stock (Section 1202)
- Corporate requirements
- Defining a qualified small business
- Understanding the active business requirement
- Preventing eligibility foot faults
- Shareholder requirements
- Holding period requirements
- Ineligible share transfers
- Pass-through entities and QSBS
- Strategies to increase the exclusion
- Rolling over proceeds from the sale of QSBS (Section 1045)
Benefits
The panel will review these and other critical issues:
- How can an eligible investor maximize their QSBS exclusion?
- What stock is and is not eligible for the QSBS exclusion?
- What are best practices to avoid Section 1202 ineligibility?
Faculty
Ryan Dobens
Senior Manager, National Tax Department
Ernst & Young
Mr. Dobens is a Senior Manager in Ernst & Young’s National Tax Department where he primarily focuses on the... | Read More
Mr. Dobens is a Senior Manager in Ernst & Young’s National Tax Department where he primarily focuses on the taxation of partnerships and limited liability companies. He also spends significant time advising venture capital funds and their investors as to qualified small business stock investments. Professor Dobens received a B.S. in Accounting from Plymouth State University, and both an M.S. in Taxation and J.D. from Northeastern University.
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Daniel Mayo, J.D., LL.M.
Partner
Withum Smith+Brown
Mr. Mayo has more than 20 years of professional tax experience as well as experience in federal, international and... | Read More
Mr. Mayo has more than 20 years of professional tax experience as well as experience in federal, international and financial products taxation. He is a member of Withum’s National Tax Services Group and oversees the U.S. Federal income tax research, planning and review functions. Mr. Mayo is experienced in mergers and acquisitions, capital markets and cross-border transactions.
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Emily Murphy, CPA
Partner, CPA
Plante & Moran
Ms. Murphy specialize's in federal tax consulting for businesses and their owners. She continuously monitors tax... | Read More
Ms. Murphy specialize's in federal tax consulting for businesses and their owners. She continuously monitors tax legislation and developing trends to help keep her clients ahead of the curve. Clients look for advice and insight on the structuring and modeling of M&A transactions, tax research, and tax planning. She is also a leader in tax accounting methods practice. Ms. Murphy belongs to the AICPA and the Michigan Association of CPAs. She received her B.B.A. and M.S.A. in accounting information systems from Eastern Michigan University and M.S.T. in taxation from Walsh College.
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