#457 The Reality Check for Small Business Owners Considering QSBS

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen discuss the complexities and potential pitfalls of the Qualified Small Business Stock (QSBS) tax strategy. Here are some of the key points they discussed:An explanation of the QSBS strategy, its allure for small businesses, and the role of C Corporations in this strategy.The three major problems associated with the QSBS strategy - The requirement of having a qualifying business, the need to show significant profit, and issues with potential buyers.The significance of earnings before interest, taxes, depreciation, and amortization (EBITDA) in determining the value of a business.The types of businesses that qualify for the QSBS strategy, and the potential roadblocks that could hinder a QSBS.Real-world examples of situations where the QSBS strategy worked successfully, specifically in venture capital scenarios. Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo. You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360 Curious what my new certification is all about? Learn More Looking to connect with a rock star law firm? KKOS is only a click away! Grab my FREE Ultimate Tax Strategy Guide HERE! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!