Many small business owners are familiar with Qualified Small Business Stock, but they aren’t entirely clear about the tax implications. They often come to Matt and ask – How can I take advantage of QSBS?
In this episode, Matt covers what qualifies as QSBS and what we need to do to take advantage of a sale of QSBS. This topic comes up a lot. Matt has fielded 500 questions about QSBS times this week and 10K+ over his lifetime!
[01:04] What qualifies as QSBS: C corporation stock issued directly from the company to the holder, at a time when the company has less than $50 million in net assets.
[01:47] How to take advantage of a sale of QSBS: hold that stock for five years, then sell it.
[03:43] When selling a business, it impacts QSBS. The serial acquirers know this.
[04:56] The takeaway.
Sometimes you just need clear answers. Matt’s here to guide you through the early stage world with confidence.
Matthew Barbieri, Partner, CPA
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