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Navigating the latest in qualified small business stock exclusions
ARTICLE | February 19, 2025
Authored by RSM US LLP
Event overview
Join us for an insightful webcast where we delve into the opportunities and challenges surrounding the section 1202 qualified small business stock exclusion, one of the Internal Revenue Code’s largest tax benefits available to private equity funds, venture capital, and small to midsize business owners. This course will discuss the interesting opportunities and uncertain issues surrounding the exclusion.
Section 1202 survived attempts to curtail the benefit under the Biden administration, and with a new administration in office, it appears that section 1202 will remain an opportunity into the future. As an exclusion, the benefit is not phased out like deductions and credits often are, so qualification for the exclusion is critical. RSM advises thousands of taxpayers that hold or are qualified small businesses and have seen both the benefit of multiplying the exclusion through estate planning, as well as the problem of making minor foot faults and risking millions in tax savings. Join our webcast and hear from RSM tax professionals with deep knowledge in how to qualify for and then maximize the exclusion.
Presenters
- Nick Gruidl | Partner | RSM US
- Andy Swanson | Partner | RSM US
- Andy Swanson is a tax leader with a focus on closely held businesses and their owners, providing proactive tax and business advice to help them reach their goals.
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- Joseph Wiener | Senior Manager | RSM US
- Joseph Wiener specializes in mergers and acquisitions in RSM US LLP’s Washington National Tax practice. A licensed attorney, Joseph develops firm policies and advises clients on transaction-related federal tax issues.
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- Tonya Williams | Senior Manager | RSM US
Learning objectives
Upon completion of this webcast, attendees will be able to:
- Explain the fundamentals of section 1202: Gain a comprehensive understanding of the section 1202 qualified small business stock exclusion, including its significance as one of the largest tax benefits available under the Internal Revenue Code for private equity funds, venture capital, and small to midsize business owners.
- Identify opportunities and challenges: Explore the interesting opportunities and uncertain issues surrounding section 1202, including how it survived attempts to curtail the benefit under the Biden administration and its potential future under the new administration. Learn about the critical importance of qualifying for the exclusion, as it is not phased out like deductions and credits.
- Maximize tax benefits through estate planning: Learn how to multiply the benefits of the section 1202 exclusion through effective estate planning strategies. Understand the potential risks and minor foot faults that could jeopardize millions in tax savings, and how to avoid them.
- Leverage insights for qualification and maximization: Hear from RSM tax professionals with deep knowledge and experience in assisting taxpayers to qualify for and maximize the section 1202 exclusion. Gain practical insights and strategies to ensure compliance and optimize tax benefits.
CPE credits
CPE credit available
RSM US LLP is pleased to offer 1.0 CPE credit for attending each webcast. To qualify, you must log in to the webcast and provide your first name, last name and email address. You must remain logged in for a minimum of 50 minutes and answer 75 percent of the polling questions to receive credit. Group CPE is not available. For more information regarding administrative policies, such as refunds, cancellations and complaints, please contact us.
RSM US LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
- Advance preparation: None
- Program level: Basic
- Prerequisites: None
- Delivery method: Group internet-based
- Field of study: Taxes
- CPE: 1.0 credit per webcast
Event details
- Date and time
- Wednesday, February 19, 2025
- 2 p.m. ET | 1 p.m. CT
- Intended audience
- CEOs, chief financial officers, tax executives, business owners, family offices, private companies, private equity firms, controllers
- Duration
- 60 minutes
- CPE credits
- One CPE credit will be issued to eligible participants
- Fee
- Complimentary
Let’s Talk!
You can call us at +1 213.873.1700, email us at solutions@vasquezcpa.com or fill out the form below and we’ll contact you to discuss your specific situation.
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Source: RSM US LLP.
Reprinted with permission from RSM US LLP.
© 2024 RSM US LLP. All rights reserved. https://rsmus.com/events/2025-events/navigating-latest-in-qualified-small-business-stock-exclusions.html
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The information contained herein is general in nature and based on authorities that are subject to change. RSM US LLP guarantees neither the accuracy nor completeness of any information and is not responsible for any errors or omissions, or for results obtained by others as a result of reliance upon such information. RSM US LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect information contained herein. This publication does not, and is not intended to, provide legal, tax or accounting advice, and readers should consult their tax advisors concerning the application of tax laws to their particular situations. This analysis is not tax advice and is not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer.
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