Legal Updates
The Section 83(b) election is a provision in the U.S. tax code that allows recipients of restricted stock to accelerate the recognition of ordinary income to the date of grant rather than when the stock vests. When you file an 83(b) election, you choose to pay income
QSBS
Choosing the wrong entity structure can cost startup founders millions. Only C-corporations can issue Qualified Small Business Stock (QSBS) under Section 1202. Here’s why that matters — and how to preserve your shot at the $15 million tax exclusion.
Legal Updates
ACA Webinar – QSBS, R&D, and Carried Interest Updates Post–H.R. 1 Why this webinar matters On July 4, 2025, President Trump signed the “One Big Beautiful Bill” Act (H.R. 1) into law following razor‑thin votes in both chambers of Congress. Although the legislation is sweeping
Legal Updates
Disclaimer: This post is for informational purposes only and does not constitute legal or tax advice. Always consult a qualified advisor about your specific situation. Background – What Is QSBS? Qualified Small Business Stock (QSBS) refers to stock issued by a U.S. C‑corporation with gross assets not exceeding a
Legal Updates
Washington’s EPOA requires employers to include pay ranges and benefits in job postings. Failure to comply may cost up to $5,000 per applicant, though a new law allows a five-day cure period after notice.
Legal Updates
Qualified small business stock (QSBS) issued by a C‑corporation can provide founders and investors with powerful tax advantages under IRC §1202. However, not every exit fits neatly within the five‑year holding period required for a full 1202 exclusion, and sales that push investors above the per‑issuer cap
Legal Updates
Early‑stage founders and investors need to stay on top of evolving tax and corporate regulations. Recent changes in federal and state law have reshaped key planning strategies around qualified small business stock (QSBS), Section 83(b) elections, and beneficial ownership reporting. Here are three of the most consequential updates
Legal Updates
What Is Qualified Small Business Stock (QSBS)? Qualified Small Business Stock, or QSBS, refers to shares issued by a U.S. C corporation that meet the requirements of Section 1202 of the Internal Revenue Code. Under these rules, founders, investors, contractors and employees who receive stock directly from the company
Legal Updates
On July 4, 2025, President Donald Trump signed into law the One Big Beautiful Bill Act (often called the "Big Beautiful Bill"). Among its many provisions, the Act makes sweeping changes to Section 1202 of the Internal Revenue Code, which governs Qualified Small Business Stock (QSBS) and has
Startup
By Amy Weston Washington State is on track to pass a far-reaching new piece of legislation in the upcoming weeks. The “My Health My Data” Act (House Bill 1155), if signed into law, will take effect starting on March 31, 2024. The title of the law implies that it will
Legal Updates
Raising equity capital for a startup properly can be challenging, but it is the first step before starting a successful business. Read below more information. Introduction If you are raising money capital from investors for your startup, no matter how you do it, there are rules you must be careful
Convertible Promissory Notes
Convertible notes, SAFEs, and every other type of convertible equity instrument are to startup financings what bread is to a sandwich, or Ringo is to the Beatles—not the most exciting part, but they’re almost always there, and you’re kinda stuck with them. In our experience, most early-stage