article thumbnail

QSBS Exemption Explained: What Investors and C-Corp Executives Should Know

inDinero Accounting

However, the IRS rules surrounding this tax break are complicated and go beyond what we’ve covered in this article. If you want to dive deeper into this topic, you can connect with one of the experts on our business tax services team. How much capital gains tax an investor is safe from depends on when the stock was purchased.

article thumbnail

A Refresher on the Types of Small Business Legal Structures, and Their Benefits

CPA Practice

The LLC owners (called members) also report business profits and losses on their individual income taxes. Partnerships Business taxes are passed through to partners like in a sole proprietorship since there is no legal separation between the owners and the company. Corporations must file IRS Form 1120 (U.S.

Legal 98