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Qualified Small Business (1202) Stock: Easier to Qualify and Exit; Bigger Tax Savings

For new stock issuances only, the OBBBA supercharges and updates the “qualified small business stock” (“QSBS”) exclusion under section 1202 (which has been a powerful tax incentive for certain investors in certain start-ups...more

Treasury Releases Additional Qualified Opportunity Zone Guidance

On April 17, the Treasury Department released a second round of guidance, bringing additional clarity to the Qualified Opportunity Fund (or QOF) regime enacted by 2017’s Tax Cuts and Jobs Act. Some important questions remain...more

Treasury Releases Qualified Opportunity Fund (QOF) Guidance

On October 19, the Treasury Department released a first round of guidance bringing much needed clarity to certain aspects of the Qualified Opportunity Fund regime enacted by the Tax Cuts and Jobs Act. While important...more

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