In the Headlines
July 8, 2022

Planning for Founders

Qualified Small Business Stock
Portland Business Journal

Private Wealth Services attorneys Joshua Husbands and Brent Berselli spoke with Portland Business Journal about qualified small business stock (QSBS). In this Q&A, Mr. Husbands and Mr. Berselli define qualified small business stock, explain how it can help owners of certain businesses and provide helpful tips on how to maximize QSBS exemptions.

"Qualified Small Business Stock (QSBS) is stock in certain C Corporations afforded favorable income tax treatment under Internal Revenue Code (IRC or Code) Section 1202. Code Section 1202 was enacted in 1993 to provide an incentive to invest in small businesses," they said.

READ: Planning for Founders (Subscription required, article is on page 21)

Related News and Headlines