Day: July 7, 2026
The One Big Beautiful Bill Act (H.R. 1, 119 th Cong § 70431 (2025)) (“Act”) was signed into law by President Trump on July 4, 2025, after narrowly passing the House on July 3, 2025. The Act amends Section 1202 of the Internal Revenue Code (“Code”), but such changes generally apply only to qualified small business stock (“QSBS”) issued after July 4, 2025. Thus, the old rules …
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