Section 1202 of the Internal Revenue Code provides that noncorporate taxpayers may exclude certain gains on the disposition of Qualified Small Business Stock (QSBS) held longer than the minimum required holding period. One...more
7/21/2025
/ Capital Gains ,
Conversion ,
Corporate Taxes ,
Exclusions ,
Internal Revenue Code (IRC) ,
Mergers ,
Partnerships ,
Qualified Small Business Stock ,
Small Business ,
Stock Transfer ,
Tax Benefits ,
Tax Deductions ,
Tax Planning ,
Taxation ,
Venture Capital
Thanks to three primary revenue bills that were signed into law earlier this year, taxes are going up in the state of Washington, in particular for large service businesses, estates and individuals earning capital gains....more
7/16/2025
/ Business Taxes ,
Capital Gains ,
Estate Tax ,
New Legislation ,
Retail Sales ,
Retailers ,
Sales & Use Tax ,
Sales Tax ,
State Budgets ,
State Taxes ,
Tax Liability ,
Tax Planning ,
Tax Reform ,
Tax Relief ,
Tax Revenues ,
Third-Party Service Provider
President Donald Trump on July 4, 2025, signed into law H.R. 1, commonly referred to as the One Big Beautiful Bill Act (OBBB). (For a detailed analysis of the bill, see Holland & Knight's previous alert, "Trump Signs the One...more