What if a single question could save your client millions of dollars in federal taxes? On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) quietly supercharged one of the most powerful, and most underused, provisions in the Internal Revenue Code. Section 1202's qualified small business stock (QSBS) exclusion now reaches further, covers more businesses and rewards exits that would previously have triggered full taxation. For your clients who are founders, early investors or owners of closely held businesses, this is not a niche update. It's a generational planning opportunity, and the window to position them correctly is now.
Objectives
Upon completion of this session, you will be able to:
Understand the five foundational QSBS requirements and where most advisers go wrong
Analyze OBBBA's new tiered exclusion structure and who benefits
Apply entity structuring, gifting and §1045 rollover strategies to maximize client outcomes
Identify the redemption traps, original-issuance failures and active-business disqualifications that most commonly derail QSBS claims
Integrate a proactive QSBS screening habit into every business formation, restructuring and exit engagement
