TAX2413. Don’t Guess and Make a Mess with QSBS

This presentation will provide an overview of qualified small business stock (QSBS) under section 1202, show you how founders can “stack” multiple capital gain exclusions among family members, address how non-grantor trusts can be the ultimate tool for QSBS planning to protect family members and minimize state income taxes, and discuss the challenges in non-grantor trust drafting compared to the more commonly used irrevocable grantor trusts.

Learning Objectives:

• Identify the requirements on the date of issuance for stock to meet the definition of QSBS.
• Recognize the QSBS requirements for substantially all of a shareholder’s holding period.
• Identify planning opportunities to maximize the available QSBS exclusion.
• Recognize QSBS potential pitfalls and traps for the unwary.