Qualified Small Business Stock (QSBS)
With careful planning and adherence to the requirements, QSBS status can provide massive savings on taxes for founders and private stock investors. By holding stock in eligible small businesses for the required duration, and meeting the other requirements, you can potentially enjoy significant tax savings. However, navigating the complexities of QSBS status can be challenging, so it's essential to seek professional advice to ensure compliance with IRS rules. At Citrine Capital we’re experienced in helping clients comply with IRS guidelines to maximize the benefits of their Qualified Small Business Stock.