Section 1202 Qualified Small Business Stock: Maximizing Tax Advantages of Gain Exclusion and Deferral
Leveraging QSBS Code Provisions Including 1244 Ordinary Loss Treatment
Recording of a 110-minute CPE webinar with Q&A
This webinar will offer tax advisers and professionals an exploration of IRC Section 1202 qualified small business stock (QSBS). The webinar will detail the gain exclusion rules of Section 1202, and will describe the types of business entities that qualify as QSBS companies. The panel will also discuss the tax deferral provisions contained in Section 1045 for rollovers in qualified small business stocks, and the Section 1244 ordinary loss treatment with respect to QSBS losses. Finally, the webinar will offer guidance on the reporting requirements and planning opportunities related to QSBS.
- Qualified small business stock (QSBS)
- Entities eligible for QSBS treatment
- Section 1202 cap gains exclusion rules
- Section 1045 rollover gain deferral rules
- Section 1244 ordinary loss treatment on QSBS
- Entities eligible for small business treatment
- AMT recaptures
- Section 1202 reporting requirements
- Planning considerations for QSBS
The panel will discuss these and other important topics:
- What types of entities qualify—and do not qualify—for preferential treatment under Section 1202?
- What are the mechanics of the gain exclusion calculations upon sale of Section 1202 stock?
- What are the rules and qualifications for the rollover deferral provisions under Section 1045?
- What are the requirements to achieve ordinary loss treatment on the disposition of QSBS under Section 1244?
- How does the AMT effect small business stock tax incentives?
Christopher A. Karachale
Hanson Bridgett LLP
Mr. Karachale advises individuals and business entities on a broad range of tax planning and tax controversy matters.... | Read More
Mr. Karachale advises individuals and business entities on a broad range of tax planning and tax controversy matters. He has written extensively on QSBS issues. He counsels taxpayers on employee benefits and executive compensation issues, including deferred compensation and Section 409A. He assists clients with international tax compliance, including voluntary disclosures and related planning matters. He represents individuals and an array of business entities in controversy matters before the IRS and California state tax authorities.Close
Raymond L. Leung, CPA
Leung Louie Ip & Co.
Mr. Leung has over 25 years of personal and corporate income tax and financial consulting experience with a special... | Read More
Mr. Leung has over 25 years of personal and corporate income tax and financial consulting experience with a special emphasis in gift and estate tax. His focus is providing consulting services to many closely-held businesses and their owners as well as high net-worth individuals and their families. He also advises his clients in the areas of compensation, stock options and founders’ stock planning, and taxation of U.S. and foreign investments.Close
Morrison & Foerster
Mr. Strong is co-chair of the Federal Tax Practice Group and the Tax Department at his firm and is also the managing... | Read More
Mr. Strong is co-chair of the Federal Tax Practice Group and the Tax Department at his firm and is also the managing partner of the firm’s Denver office. His nationally-recognized areas of expertise include mergers and acquisitions, joint ventures, private equity and venture capital investments, restructurings, distressed situations, and initial public offerings and other types of capital markets transactions. He is the past chair of the Corporate Tax Committee of the Tax Section of the American Bar Association. He is also a frequent speaker on corporate and other tax matters at local, regional, and national seminars and continuing legal education programs.Close
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CPE On-DemandSee NASBA details.