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Bradley Arant Boult Cummings LLP

The Entrepreneur's Paradox: Building an Asset, Not Just a Job

Many entrepreneurs achieve the dream: They build a profitable, established business from the ground up. Yet they often find themselves trapped, having created not a sellable asset, but an expensive job. If you are the soul of...more

Orrick, Herrington & Sutcliffe LLP

Is EMI Reform Around the Corner?

The UK Government is reportedly considering increasing the individual limits for Enterprise Management Incentive (EMI) share options. Currently, individuals can hold options over a maximum of £250,000 of shares in any...more

Baker Donelson

The One Big Beautiful Bill Act: How New QSBS Rules and Related Provisions Affect Startups and Investors

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I. Introduction - Key Takeaways for Startups, Founders, and Investors: For stock issued on or after July 5, 2025, Qualified Small Business Stock ("QSBS") eligibility requires that the corporation's aggregate gross assets...more

Cole Schotz

Initial Financing Options for Start-Ups and Emerging Companies

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Even before formation, it is critical to consider how a business will be funded, both initially and in the long term. A business’s initial capital structure can have important implications for the type of financing it is able...more

Weintraub Tobin

Part 3: The OBBBA Tax Series – Tax Breaks for Entrepreneurs and Venture Capitalists – QSBS Expanded

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This is the third and final installment in our multi-part series exploring the key implications of the One Big Beautiful Bill Act (OBBBA). This follows parts 1 and 2 of this series which discussed the no tax on tips and...more

Pillsbury - Propel

How Your Startup Can Work Effectively with Experienced Advisors

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Startups run lean—money, time and deep expertise are often in short supply. But seasoned entrepreneurs who have built and exited companies can be a powerful asset—if engaged the right way....more

Foster Swift Collins & Smith

Top Five Legal Considerations for Women Entrepreneurs: A Practical Guide

Women entrepreneurs and business owners are trekking down new paths in the modern economy, setting trends and shattering ceilings across every industry. However, for many women, the entrepreneurial journey often brings...more

Seward & Kissel LLP

New Rules for Qualified Small Business Stock in 2025

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The One Big Beautiful Bill Act (the “OBBBA”), which was signed into law on July 4, 2025, contained a big, beautiful surprise for qualified small business stock (“QSBS”) investors. Individual investors, private equity funds...more

Jackson Walker

Qualified Small Business (1202) Stock: Easier to Qualify and Exit; Bigger Tax Savings

Jackson Walker on

For new stock issuances only, the OBBBA supercharges and updates the “qualified small business stock” (“QSBS”) exclusion under section 1202 (which has been a powerful tax incentive for certain investors in certain start-ups...more

Arnall Golden Gregory LLP

QSBS Revamped: Important Changes to the Qualified Small Business Stock Exclusion for Founders and Investors

The One Big Beautiful Bill Act (“OBBBA”), signed into law on July 4, 2025, introduced a number of significant amendments to the Internal Revenue Code. Among the OBBBA’s most notable changes are the revisions to Section 1202...more

Hughes Hubbard & Reed LLP

Expansion of Qualified Small Business Stock Tax Benefits

On July 4, President Donald Trump signed a budget reconciliation bill entitled the “One Big, Beautiful Bill Act” (the Act). The Act extends the tax cuts that were enacted as part of the Tax Cuts and Jobs Act of 2017, adds a...more

Mayer Brown Free Writings + Perspectives

House Committee on Financial Services Advances Capital Formation Legislation

On July 22 and 23, 2025, the House Committee on Financial Services (the “Committee”) held a full committee markup during which it considered certain bills that, if passed, would improve investor access to the capital markets....more

Fenwick & West LLP

Convertible Notes & SAFEs: Still Popular, But Terms Are Tightening

Fenwick & West LLP on

Convertible instruments held steady in Q1 2025, but the terms are shifting in favor of investors. Interest rates on convertible notes rose by 200 to 300 basis points, and discount rates climbed as high as 10.5 percentage...more

Holland & Knight LLP

A Look at Transfers of Section 1202 Qualified Small Business Stock

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Section 1202 of the Internal Revenue Code provides that noncorporate taxpayers may exclude certain gains on the disposition of Qualified Small Business Stock (QSBS) held longer than the minimum required holding period. One...more

Frost Brown Todd

Top 10 Biggest Business Tax Breaks (and Hits) in the One Big Beautiful Bill Act

Frost Brown Todd on

With a name like the One Big Beautiful Bill Act (OBBBA), you know two things right away: (1) it’s a mouthful, and (2) you’re going to have to wade through a lot to find the useful parts. Fortunately, two tax lawyers already...more

Mintz - Tax Viewpoints

QSBS Benefits Expanded Under One Big Beautiful Bill Act

Mintz - Tax Viewpoints on

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBBA), which included revisions to Section[1] 1202 for “qualified small business stock” (QSBS) unchanged from those initially introduced in the...more

DarrowEverett LLP

Your Business's Growth Blueprint: Why Solid Legal Documents Matter

DarrowEverett LLP on

Every successful business owner has ambition to grow, scale, and take his/her company to the next level. However, there’s one critical, often overlooked aspect that can make or break a business’s ability to get to that level:...more

Wilson Sonsini Goodrich & Rosati

Understanding Section 1202: The Qualified Small Business Stock Exemption

The “qualified small business stock” (QSBS) tax exemption under Section 1202 allows non-corporate founders and investors in certain emerging growth companies to potentially exclude up to 100 percent of the U.S. federal...more

Davis Wright Tremaine LLP

Project W: Leveraging AI to Do More Good Work (and Less Busy Work) 

Project W recently hosted the second Founder Fundamentals webinar for program alumnae —"Leveraging AI to Do More Good Work and Less Busy Work." Led by Nicole Kerson and Collected Company, the webinar offered a fresh and...more

Offit Kurman

Grow or Go: Handling Uncertain Times with Purpose

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If there is one thing that is certain in today’s business landscape, it is that we are in a time of extreme volatility. Markets are fluctuating daily, tariffs are on and off, interest rates remain high, and there is global...more

Mintz - Tax Viewpoints

QSBS Benefits Expanded Under Senate Finance Proposal

Mintz - Tax Viewpoints on

On June 16, 2025, the Senate Finance Committee released its own version of proposed legislation following the House’s passage of the “One Big Beautiful Bill Act” (H.R. 1). While the House bill did not introduce any changes to...more

Thomas Fox - Compliance Evangelist

Innovation in Compliance: LeadHERship with Linda Fisk

Innovation comes in many areas and compliance professionals need to not only be ready for it but embrace it. Join Tom Fox, the Voice of Compliance as he visits with top innovative minds, thinkers and creators in the...more

WilmerHale

Section 1202 “Qualified Small Business Stock” Tax Benefits May Be Significantly Expanded as Part of Tax Package

WilmerHale on

On June 16, 2025, the Senate Finance Committee released its draft legislative text (the Senate Proposal) following the prior passage of the One Big Beautiful Bill Act by the House of Representatives (the House Bill). ...more

Cooley LLP

Senate Tax Bill Expands QSBS Benefits

Cooley LLP on

On June 16, 2025, the Senate Finance Committee (SFC) released a revised version of the “One Big Beautiful Bill Act” (SFC bill), following the House’s passage of the bill on May 22. The SFC bill would significantly expand the...more

Wilson Sonsini Goodrich & Rosati

Senate Finance Committee Proposes Significant Expansion of the Qualified Small Business Stock (QSBS) Tax Exemption

On June 16, 2025, the Senate Finance Committee released draft text of the tax provisions in the Senate’s version of H.R. 1 (commonly referred to as the “One Big Beautiful Bill” (the SFC Bill)). Notably, the SFC Bill would...more

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