Ep. 148 | Unveiling A Hidden Goldmine: QSBS Tax Exemption

In this episode of the Teaching Tax Flow podcast, Brady Weller from QSBS Rollover joins the hosts to discuss Section 1202 of the IRS code, also known as Qualified Small Business Stock (QSBS). The discussion covers the history, benefits, and mechanics of QSBS, including the potential for tax-free capital gains up to $10 million for founders and early employees of qualifying C-Corps held for at least five years. Weller explains QSBS rollovers under Section 1045, which allow reinvestment of gains from the sale of QSBS into new QSBS within 60 days to continue the holding period. He also shares a client success story and discusses the importance of proper implementation and substantiation of QSBS rollovers, as well as the bipartisan support and future outlook for QSBS.