On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (the OBBBA) into law, enacting extensions of the Tax Cuts and Jobs Act of 2017, as well as a broad set of tax reforms. Among the ...

For stock to qualify for the exclusion of taxable gain under Internal Revenue Code Section 1202, the issuing corporation must satisfy the Gross Assets Test, which generally requires that the ...

Whoever said you can’t have your cake and eat it too should have called their accountants and lawyers first. These professionals often receive inquiries from founders, equity investment firms and ...

Gregory W. Payton (L) and Harry P. Teichman (R) of Stinson. Courtesy photos.. With the signing of the One Big Beautiful Bill Act, changes to Section 1202 of the Internal Revenue Code will ...

Forbes contributors publish independent expert analyses and insights. Leading writer and speaker in the area of trader tax benefits. Section 1202 QSBS rules exclude trading businesses, but traders can ...

The qualified small business stock exclusion has been a compelling federal tax incentive for channeling capital into emerging companies. With the enactment of recent tax legislation, particularly the ...

Magic numbers do exist: 1202 is a magic number for those involved in start-ups and similar business activities that involve the sale of highly appreciated stock. It can magically erase millions in ...

If certain requirements are met, a noncorporate taxpayer (including certain partnerships and S corporations) may exclude from gross income a percentage of any gain from the sale or exchange of ...

There is a big, beautiful tax break in the One Big Beautiful Bill Act (OBBBA) that business owners – and their financial advisors - better not miss. The OBBBA has made Section 1202 of the Internal ...

Sharon Olson is the Founder & President of Olson Wealth Group, Inspired Life Family Office®, a multi-family office & wealth management firm. When Congress passed the One Big Beautiful Bill Act (OBBBA) ...