Qualified small business stock (QSBS) refers to stock in a qualified small business that is held by the original purchaser for more than five years. In the United States, a qualified small business is a corporation with gross assets of less than $50 million at the time the stock is issued, and the stock must be acquired by the original purchaser at its original issue.
What is Finanshels?Setting up a good small-business bookkeeping system can be an involved process, especially if you’re not an experienced bookkeeper. Rather than spending enormous time and effort on getting your books up and running, consider turning to Finanshels for help. We’ll set up your bookkeeping system to ensure that your business is starting off right – and we’ll save you a huge amount of stress.Want someone to help you organize your bookkeeping system? Try Finanshels