Video: Qualified Small Business Stock

In this lesson, Nick Palazzolo demystifies the concept of Qualified Small Business Stock (QSBS), providing invaluable insight into its role in supporting investment in small domestic C Corporations. He explains the criteria which must be met for a stock to be considered QSBS, including the requirement for a corporation to have gross assets of $50 million or less and the necessity for the stock to be held for more than five years. Nick outlines the significant tax advantages offered under section 1202, clarifying the conditions under which gains from the sale of QSBS can be partially or fully excluded. He further elaborates on the exclusion limits and how any additional gains are taxed, ensuring a thorough understanding of QSBS and its implications for investors.