As part of the newly enacted One Big Beautiful Bill Act (the OBBBA),[1] Congress adopted the first substantive amendments to Section 1202[2]–which prescribes the qualified small business stock (QSBS) rules–in over a decade...more
7/10/2025
/ Capital Gains ,
Internal Revenue Code (IRC) ,
Investment ,
New Legislation ,
New Regulations ,
Qualified Small Business Stock ,
Shareholders ,
Small Business ,
Tax Credits ,
Tax Planning ,
Tax Reform ,
Taxation
Section 1202 is a once-obscure tax saving provision that has come into prominence in the last few years. Originally passed in 1993 as a 50% capital gain exclusion, it has been amended several times since. In its current...more