Tax Law Defined™ Blog
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Tax Strategies for QSBS: Stacking and Staggering Section 1202 ExclusionsMay 14, 2026 | Publications
Much has been written about IRC Section 1202.[1] Section 1202 affords non-C corporation taxpayers wh...
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Care to Predict What Happens? Kentucky’s New Prediction Markets TaxMay 1, 2026 | Publications
In the recently concluded 2026 Regular Session of Kentucky’s General Assembly, there was significa...
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Exploring the Tax Consequences of Exchanging Unrestricted QSBS (Section 1202 Stock) for Restricted StockApril 29, 2026 | Qualified Small Business Stock (QSBS)
Qualified small business stock (QSBS) and non-QSBS issued to founders, employees and independent con...
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Indiana Tax Amnesty Is a Go: What Taxpayers Need to Know About Indiana’s 2026 Amnesty ProgramApril 24, 2026 | Publications
There is good news on the horizon for taxpayers who owe delinquent taxes in Indiana. Indiana’s thi...
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Tax Strategies: Selling Your S Corporation BusinessApril 16, 2026 | Publications
This article explores several tax and non-tax considerations that a shareholder (“Shareholder” o...
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Fifth Circuit Hands a Big Win to Limited PartnersMarch 18, 2026 | Blogs
The U.S. Court of Appeals for the Fifth Circuit issued a significant decision affecting how limited ...
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How Does a Corporation’s S Corporation History Affect a Taxpayer’s Eligibility to Claim Section 1202’s Gain Exclusion?March 12, 2026 | Qualified Small Business Stock (QSBS)
Section 1202 provides an exclusion from capital gains when a taxpayer sells qualified small business...
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Does a Section 351 Contribution of Money Qualify as a “Purchase” Under Section 1045?February 24, 2026 | Publications
Section 1045 allows taxpayers to elect to roll over proceeds from the sale of qualified small busine...
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Independent FMV Appraisals Can Play a Critical Role in Substantiating QSBS Gain ExclusionsFebruary 16, 2026 | Qualified Small Business Stock (QSBS)
Section 1202 provides an exclusion from capital gains when a taxpayer sells qualified small business...
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The Delaware Franchise Tax Trap for Section 1045 QSBS RolloversFebruary 11, 2026 | Tax Law Defined™ Blog
One of the key requirements of Section 1202 is that the business issuing qualified small business st...
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Rolling QSBS Gains Under Section 1045? Don’t Ignore Working CapitalJanuary 29, 2026 | Tax Law Defined™ Blog
Our QSBS tax planning group at FBT Gibbons regularly assists taxpayers with Section 1202 planning/su...
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Avoiding IRS Accuracy Penalties for a Substantial Underpayment of TaxJanuary 27, 2026 | Publications
There are over 150 types of penalties in the Internal Revenue Code (IRC). One frequent penalty that ...