317-398-9753
[email protected]
Your Business. Your Family. Our Priority.
A company owners’ potential for personal financial security usually depends on the success of the business. Our commitment and responsibility is to help keep your business running smoothly and to help achieve your personal financial goals. Whether you are a business or an individual, our specialized staff will provide you with assistance in all your tax, reporting, financial and business affairs.
We're proud members of:
Brammer & Yeend is an independently owned and operated member firm of CPA Connect, a companion association to CPAmerica International
Financial information and reporting should not be a diversion for business owners, instead, financial information should be accurate, available, and insightful. We leverage experience and technology to provide business owners with dynamic resources and management tools.
Our personal services are designed to help busy, successful families manage their finances and grow their wealth with confidence and peace of mind. We do this by working together with our business solutions, allowing us to partner with clients and coordinate business and personal planning in order to meet their most important goals.
We strive to provide excellent service and solutions that fit our client’s specific needs and are industry appropriate. Our experienced CPAs have worked with clients in a variety of industries and understand the intricacies of each and apply the best solution possible. Over the years we have serviced clients in industries including agribusiness, retail, construction, manufacturing, food & beverage and many more. Below are some of our industries where we have specialized experience and expertise.
Small businesses in 2026 will be operating in a fast-moving environment shaped by technology and changing workforce expectations. It’s time to think strategically about where things are headed. Here are the trends small businesses should pay attention to in the coming year.
From hiring and scheduling to customer service and financial forecasting, AI continues to impact how small businesses operate. But business owners need to be mindful of smart integration over speed.
When implemented and used well, AI can save time, reduce errors, and enhance the efficiency, output, and overall experience of employees. The key is handling it responsibly, especially when it comes to data privacy, bias in hiring algorithms, and regulatory compliance. AI should not be a decision-maker. Instead, it should support human decision-making.
New rules and updates in 2026 are worth watching. Business owners should stay informed about:
Staying compliant protects your business and builds trust with employees and customers.
Flexibility isn’t just about remote and hybrid setups. It’s also about how well teams can operate from anywhere, with self-sufficiency, thoughtful collaborations, and successful outcomes. Invest in:
Contented, supported employees are more creative, resilient, and loyal.
Employees are carrying more financial stress than ever. That stress affects performance, morale, and turnover. Small businesses can respond by offering:
Even small investments here can have a big impact on employee stability and satisfaction.
Cyber threats are growing, and small businesses are being targeted more often. Common threats include ransomware, phishing, weak passwords, and unpatched software. Protect your business by:
In today’s fast-paced world, customers want experiences that are fast and easy but personalized. That means using AI-driven tools for promotions and personalized service. It means offering secure, flexible payment options like digital wallets. And it means making sure your website and customer service channels (email support, phone support, social media messaging, etc.) are smooth and responsive.
Gone are the days when you couldn’t get a foot in the door without a four-year undergrad degree. Well, maybe not quite gone, but skills-based hiring is gaining ground. More companies are using work samples, skills tests, and tailored interviews to find employees with specific capabilities. This approach opens the door to a broader, more diverse talent pool and helps find employees who can actually do the job.
Creating clear career paths also encourages growth and helps prepare future leaders within the organization.
Small businesses now have access to powerful analytics tools like cloud platforms, AI dashboards, and predictive systems for smarter decision-making. Use them to forecast demand, track real-time performance, and benchmark performance against peers. Data helps you move from guessing to planning. And from reacting to leading.
HR rules are getting more complex. For many small businesses, outsourcing HR functions like payroll, benefits, and compliance can save time, reduce errors, and decrease legal risk. If you don’t have the bandwidth to manage it all in 2026, it might be time to get some help from outside specialists.
The House of Representatives recently passed three bills aimed at improving Social Security services, particularly for retirees and identity theft victims. The Social Security Administration (SSA) is supposed to be a resource for Americans, even before they collect Social Security, but its systems can often feel outdated or confusing. Here’s a closer look at each proposed bill.
Most people know they can start claiming Social Security retirement benefits at age 62, but some don’t realize that waiting longer usually means a bigger monthly check. And if they choose to hold off for more money, how long should they wait? Only about 10% of claimants decide to wait until the full retirement age of 70, which can significantly increase their lifetime benefit.
A new bipartisan bill called the Claiming Age Clarity Act seeks to change how these ages are described. The goal is to make the tradeoffs easier to understand. If the bill passes:
This change wouldn’t affect how benefits are calculated. It’s simply about making the language clearer, so retirees can make better-informed choices.
If your Social Security number is stolen or your card goes missing, dealing with the SSA can be frustrating. As it stands, victims often have to deal with multiple points of contact at the SSA, explaining their situation over and over.
The proposed Improving Social Security’s Service to Victims of Identity Theft Act aims to fix that. It would require the SSA to assign a single point of contact to each identity theft case. That way, the SSA employee handling a specific case knows the situation, and the victim won’t need to start from scratch every time they call. This approach could save the victim time, stress, and further financial damage. The bill has bipartisan support in the Senate.
In 2022, a Javelin Strategy & Research study found that 915,000 children were victims of identity fraud in a single year. The average cost per household? $1,128. It also took an average of16 hours to resolve the issue.
The proposed Social Security Child Protection Act aims to tackle the problem early. It would require the SSA to issue a new Social Security number to any child under age 14 if their card is lost or stolen. Right now, the SSA typically waits until the child becomes a victim of fraud before replacing their number.
By issuing new numbers earlier, the bill hopes to prevent identity theft before thieves can use a child’s personal data.
President Trump’s One Big Beautiful Bill (OBBB) significantly expanded the benefits of the Qualified Small Business Stock (QSBS), which could save owners millions in capital gains taxes. This is quietly reshaping how business owners think about selling their companies. Here’s how it could change your exit strategy.
QSBS refers to shares in a C corporation that meet specific IRS criteria. Those who qualify can pay little to no capital gains tax on the sale of a business.
Under the new law:
These changes open the door for small businesses beyond tech startups to benefit from QSBS rules. That includes businesses in manufacturing, services, logistics, biotech, consulting, and more.
In the past, many business owners avoided C corp status due to double taxation. This is when corporate profits are taxed twice: first at the corporate level and again when distributed to shareholders as dividends. But for business owners looking to sell, there may be ways around double taxation depending on your business size, your income, your goals, and your corporate setup, so it’s wise to talk to a tax professional.
Before the OBBB, business owners needed to hold QSBS for five full years to get the tax benefits. Now the holding period is tiered like this:
This tiered approach makes it more appealing to business owners who hesitated due to timing. This especially helps newer businesses, such as those in AI or tech, that are growing fast and looking to sell within five years. But it’s not just for startups. Any qualifying C corp looking to scale quickly can take advantage of the tiered scale.
If you’re a small business owner looking to sell in the next few years, talk to a tax professional to help map out your timeline. The QSBS changes could potentially save you millions.
An emergency fund is a safety net for when life happens. A job loss, a car breakdown, an unexpected medical expense. These costs can hit out of nowhere, so an emergency fund is one of the smartest financial tools you can have. It provides breathing room when things go wrong, and keeps unexpected costs from turning into long-term debt. Here’s how to start building one, even if funds are tight.
An emergency fund is money set aside for real emergencies – not vacations or impulse buys. Save the funds for events like a job layoff, major car repairs, medical bills, and urgent home repairs. The money is there to keep you from relying on credit cards or loans when life throws something unexpected your way.
Without a financial cushion, even a small emergency can create long-lasting problems. A $1,000 car repair could turn into months of credit card interest, while a layoff could put your rent or mortgage at risk. An emergency fund will give you peace of mind knowing you can handle the unexpected without panic. And it’s a key step toward long-term financial stability.
The general rule is to save three to six months’ worth of living expenses. If that sounds overwhelming, start small. A beginning goal of $500 to $1,000 is a solid start. From there, keep building.
Your emergency fund should be easy to access but not so easy that it’s at risk with every temptation or whim. Here are a few strong options:
Avoid keeping your emergency savings in a checking account (too easy to access) or in CDs or investments, as these are subject to market fluctuations and aren’t easy to access in a pinch.
Start where you are and build steadily. Here’s how:
The bottom line is that an emergency fund is a basic layer of financial protection, helping you stay in control, even when life doesn’t feel that way. Start small and be consistent, knowing every dollar saved is one step closer to a more secure financial future.
President Trump’s One Big Beautiful Bill (OBBB) implements tax changes designed to simplify filing and keep more earnings in Americans’ pockets. The law adjusts how the IRS treats certain types of income, updates annual gift limits, raises the estate tax exemption, and adds fresh deductions for tip earnings and overtime pay. Here’s what’s changing.
The bill expands what counts as nontaxable income, meaning certain types of income will now be excluded from federal income tax. Traditionally, nontaxable income included things like child support, alimony, workers’ compensation, and Roth IRA contributions.
Now, under the OBBB, certain tips and overtime pay also qualify for deductions that reduce taxable income. That doesn’t mean they’re completely tax-free (Social Security and Medicare taxes still apply), but it does mean a lower federal tax bill overall.
Overtime pay has always been taxed just like regular earnings, but the OBBB changes that by introducing a new deduction: up to $12,500 for single filers and $25,000 for joint filers can be subtracted from taxable income each year.
This deduction applies to tax years 2025 through 2028. It begins to phase out for taxpayers earning more than $150,000 (single) or $300,000 (joint) in modified adjusted gross income (MAGI).
For workers who rely on overtime pay to make ends meet, this deduction could mean a significant amount in savings each year.
The OBBB also introduces a new rule for qualified tips. Eligible employees can now deduct up to $25,000 per year of tip income from their taxable earnings. To qualify, tips must be voluntarily given and received through cash, card, check, or digital payment apps. However, automatic gratuities (like restaurant service charges for large parties) don’t qualify because they’re not considered voluntary. Like the overtime deduction, this deduction is also valid from tax years 2025 through 2028.
The annual federal gift tax exclusion has increased from $18,000 to $19,000 per recipient. That means you can gift up to $19,000 to as many people you want each year without filing a gift tax return or paying any tax on it. It’s a small increase, but for families assisting loved ones with major expenses like college tuition or a first home, it’s a helpful move.
The federal estate tax exemption is the amount of wealth you can pass to heirs without activating the estate tax. At the end of this year, the exemption was set to revert to the pre-2017 Tax Cuts and Jobs Act (TCJA) levels of $5 million per person. However, starting in 2026, the threshold rises from $13.99 million to $15 million per person ($30 million for married couples). This limit is permanent (barring any amendment or repeal in future legislation) and indexed for inflation starting in 2027, ensuring that it continues to rise over time.
This update means fewer wealthy families will face the estate tax, and gives these households more predictability for long-term planning.
The OBBB implements a handful of new, targeted tax breaks. Consult a tax professional to understand how these changes could apply to your situation and make the most of any tax breaks you qualify for.
President Trump’s One Big Beautiful Bill (OBBB) includes a new business tax provision that could affect how entrepreneurs organize their startups. The change is making C corporations more appealing than they’ve been in years. For founders, early employees, and investors, the update to the Qualified Small Business Stock (QSBS) exemption is a big deal. It raises the potential tax-free gains from company stock and gives startup owners more control over when and how to realize those gains. Here’s what’s changing and why it matters.
The OBBB expands the QSBS capital gains tax exclusion from $10 million to $15 million for stock acquired after July 4, 2025. So, if you own qualifying stock in a C corporation and then sell it after meeting the holding period and other requirements (e.g. your C corp must be U.S.-based and have less than $75 million in total assets when it issues the stock), you could exclude up to $15 million in gains from federal income tax.
Simply put: if the company is successful, you get to keep more of your profit.
This is a significant advantage for founders and early employees who hold stock in their own startups, especially when emerging industries like AI and biotech are driving company values to rise quickly.
The QSBS change gives small startups another reason to consider that route instead of an LLC or S corp. With the higher exemption, founders of C corporations can protect more of their future profits from taxes when they eventually sell their stock. Investors get the same tax break if they keep their shares for at least five years.
It’s also a boost for early employees who receive equity as part of their compensation. Depending on how much the company appreciates, their potential payout for company growth could be partly or fully tax-free.
The OBBB also gives business owners more control over when they pay taxes on their gains. Instead of selling all your shares at once, you can sell some shares now and hold the rest for later. The timing can help you manage income level, avoid higher tax brackets, and plan for future rate changes.
The new $15 million cap also makes it easier for founders to include their business stock in long-term wealth and estate plans. They can transfer QSBS shares to trusts or family members while keeping the tax break. So, they can pass on more of the company’s value without losing money to taxes.
For new entrepreneurs, especially in tech and AI sectors, this change could mean keeping millions more in long-term wealth. Before deciding how to structure your business, talk with a tax professional who can help you navigate the ever-changing federal tax code.
Keeping an open line of communication is important to us. We invite you to reach out to us either by phone, email, or this form to ask questions, request an appointment or talk about any finance-related matter that comes to your mind.
317-398-9753
8 Public Square
Shelbyville, IN, 46176
Your Business. Your Family. Our Priority.
A company owners’ potential for personal financial security usually depends on the success of the business. Our commitment and responsibility is to help keep your business running smoothly and to help achieve your personal financial goals. Whether you are a business or an individual, our specialized staff will provide you with assistance in all your tax, reporting, financial and business affairs.
We're proud members of:
Brammer & Yeend is an independently owned and operated member firm of CPA Connect, a companion association to CPAmerica International
Financial information and reporting should not be a diversion for business owners, instead, financial information should be accurate, available, and insightful. We leverage experience and technology to provide business owners with dynamic resources and management tools.
Our personal services are designed to help busy, successful families manage their finances and grow their wealth with confidence and peace of mind. We do this by working together with our business solutions, allowing us to partner with clients and coordinate business and personal planning in order to meet their most important goals.
We strive to provide excellent service and solutions that fit our client’s specific needs and are industry appropriate. Our experienced CPAs have worked with clients in a variety of industries and understand the intricacies of each and apply the best solution possible. Over the years we have serviced clients in industries including agribusiness, retail, construction, manufacturing, food & beverage and many more. Below are some of our industries where we have specialized experience and expertise.
Small businesses in 2026 will be operating in a fast-moving environment shaped by technology and changing workforce expectations. It’s time to think strategically about where things are headed. Here are the trends small businesses should pay attention to in the coming year.
From hiring and scheduling to customer service and financial forecasting, AI continues to impact how small businesses operate. But business owners need to be mindful of smart integration over speed.
When implemented and used well, AI can save time, reduce errors, and enhance the efficiency, output, and overall experience of employees. The key is handling it responsibly, especially when it comes to data privacy, bias in hiring algorithms, and regulatory compliance. AI should not be a decision-maker. Instead, it should support human decision-making.
New rules and updates in 2026 are worth watching. Business owners should stay informed about:
Staying compliant protects your business and builds trust with employees and customers.
Flexibility isn’t just about remote and hybrid setups. It’s also about how well teams can operate from anywhere, with self-sufficiency, thoughtful collaborations, and successful outcomes. Invest in:
Contented, supported employees are more creative, resilient, and loyal.
Employees are carrying more financial stress than ever. That stress affects performance, morale, and turnover. Small businesses can respond by offering:
Even small investments here can have a big impact on employee stability and satisfaction.
Cyber threats are growing, and small businesses are being targeted more often. Common threats include ransomware, phishing, weak passwords, and unpatched software. Protect your business by:
In today’s fast-paced world, customers want experiences that are fast and easy but personalized. That means using AI-driven tools for promotions and personalized service. It means offering secure, flexible payment options like digital wallets. And it means making sure your website and customer service channels (email support, phone support, social media messaging, etc.) are smooth and responsive.
Gone are the days when you couldn’t get a foot in the door without a four-year undergrad degree. Well, maybe not quite gone, but skills-based hiring is gaining ground. More companies are using work samples, skills tests, and tailored interviews to find employees with specific capabilities. This approach opens the door to a broader, more diverse talent pool and helps find employees who can actually do the job.
Creating clear career paths also encourages growth and helps prepare future leaders within the organization.
Small businesses now have access to powerful analytics tools like cloud platforms, AI dashboards, and predictive systems for smarter decision-making. Use them to forecast demand, track real-time performance, and benchmark performance against peers. Data helps you move from guessing to planning. And from reacting to leading.
HR rules are getting more complex. For many small businesses, outsourcing HR functions like payroll, benefits, and compliance can save time, reduce errors, and decrease legal risk. If you don’t have the bandwidth to manage it all in 2026, it might be time to get some help from outside specialists.
The House of Representatives recently passed three bills aimed at improving Social Security services, particularly for retirees and identity theft victims. The Social Security Administration (SSA) is supposed to be a resource for Americans, even before they collect Social Security, but its systems can often feel outdated or confusing. Here’s a closer look at each proposed bill.
Most people know they can start claiming Social Security retirement benefits at age 62, but some don’t realize that waiting longer usually means a bigger monthly check. And if they choose to hold off for more money, how long should they wait? Only about 10% of claimants decide to wait until the full retirement age of 70, which can significantly increase their lifetime benefit.
A new bipartisan bill called the Claiming Age Clarity Act seeks to change how these ages are described. The goal is to make the tradeoffs easier to understand. If the bill passes:
This change wouldn’t affect how benefits are calculated. It’s simply about making the language clearer, so retirees can make better-informed choices.
If your Social Security number is stolen or your card goes missing, dealing with the SSA can be frustrating. As it stands, victims often have to deal with multiple points of contact at the SSA, explaining their situation over and over.
The proposed Improving Social Security’s Service to Victims of Identity Theft Act aims to fix that. It would require the SSA to assign a single point of contact to each identity theft case. That way, the SSA employee handling a specific case knows the situation, and the victim won’t need to start from scratch every time they call. This approach could save the victim time, stress, and further financial damage. The bill has bipartisan support in the Senate.
In 2022, a Javelin Strategy & Research study found that 915,000 children were victims of identity fraud in a single year. The average cost per household? $1,128. It also took an average of16 hours to resolve the issue.
The proposed Social Security Child Protection Act aims to tackle the problem early. It would require the SSA to issue a new Social Security number to any child under age 14 if their card is lost or stolen. Right now, the SSA typically waits until the child becomes a victim of fraud before replacing their number.
By issuing new numbers earlier, the bill hopes to prevent identity theft before thieves can use a child’s personal data.
President Trump’s One Big Beautiful Bill (OBBB) significantly expanded the benefits of the Qualified Small Business Stock (QSBS), which could save owners millions in capital gains taxes. This is quietly reshaping how business owners think about selling their companies. Here’s how it could change your exit strategy.
QSBS refers to shares in a C corporation that meet specific IRS criteria. Those who qualify can pay little to no capital gains tax on the sale of a business.
Under the new law:
These changes open the door for small businesses beyond tech startups to benefit from QSBS rules. That includes businesses in manufacturing, services, logistics, biotech, consulting, and more.
In the past, many business owners avoided C corp status due to double taxation. This is when corporate profits are taxed twice: first at the corporate level and again when distributed to shareholders as dividends. But for business owners looking to sell, there may be ways around double taxation depending on your business size, your income, your goals, and your corporate setup, so it’s wise to talk to a tax professional.
Before the OBBB, business owners needed to hold QSBS for five full years to get the tax benefits. Now the holding period is tiered like this:
This tiered approach makes it more appealing to business owners who hesitated due to timing. This especially helps newer businesses, such as those in AI or tech, that are growing fast and looking to sell within five years. But it’s not just for startups. Any qualifying C corp looking to scale quickly can take advantage of the tiered scale.
If you’re a small business owner looking to sell in the next few years, talk to a tax professional to help map out your timeline. The QSBS changes could potentially save you millions.
An emergency fund is a safety net for when life happens. A job loss, a car breakdown, an unexpected medical expense. These costs can hit out of nowhere, so an emergency fund is one of the smartest financial tools you can have. It provides breathing room when things go wrong, and keeps unexpected costs from turning into long-term debt. Here’s how to start building one, even if funds are tight.
An emergency fund is money set aside for real emergencies – not vacations or impulse buys. Save the funds for events like a job layoff, major car repairs, medical bills, and urgent home repairs. The money is there to keep you from relying on credit cards or loans when life throws something unexpected your way.
Without a financial cushion, even a small emergency can create long-lasting problems. A $1,000 car repair could turn into months of credit card interest, while a layoff could put your rent or mortgage at risk. An emergency fund will give you peace of mind knowing you can handle the unexpected without panic. And it’s a key step toward long-term financial stability.
The general rule is to save three to six months’ worth of living expenses. If that sounds overwhelming, start small. A beginning goal of $500 to $1,000 is a solid start. From there, keep building.
Your emergency fund should be easy to access but not so easy that it’s at risk with every temptation or whim. Here are a few strong options:
Avoid keeping your emergency savings in a checking account (too easy to access) or in CDs or investments, as these are subject to market fluctuations and aren’t easy to access in a pinch.
Start where you are and build steadily. Here’s how:
The bottom line is that an emergency fund is a basic layer of financial protection, helping you stay in control, even when life doesn’t feel that way. Start small and be consistent, knowing every dollar saved is one step closer to a more secure financial future.
President Trump’s One Big Beautiful Bill (OBBB) implements tax changes designed to simplify filing and keep more earnings in Americans’ pockets. The law adjusts how the IRS treats certain types of income, updates annual gift limits, raises the estate tax exemption, and adds fresh deductions for tip earnings and overtime pay. Here’s what’s changing.
The bill expands what counts as nontaxable income, meaning certain types of income will now be excluded from federal income tax. Traditionally, nontaxable income included things like child support, alimony, workers’ compensation, and Roth IRA contributions.
Now, under the OBBB, certain tips and overtime pay also qualify for deductions that reduce taxable income. That doesn’t mean they’re completely tax-free (Social Security and Medicare taxes still apply), but it does mean a lower federal tax bill overall.
Overtime pay has always been taxed just like regular earnings, but the OBBB changes that by introducing a new deduction: up to $12,500 for single filers and $25,000 for joint filers can be subtracted from taxable income each year.
This deduction applies to tax years 2025 through 2028. It begins to phase out for taxpayers earning more than $150,000 (single) or $300,000 (joint) in modified adjusted gross income (MAGI).
For workers who rely on overtime pay to make ends meet, this deduction could mean a significant amount in savings each year.
The OBBB also introduces a new rule for qualified tips. Eligible employees can now deduct up to $25,000 per year of tip income from their taxable earnings. To qualify, tips must be voluntarily given and received through cash, card, check, or digital payment apps. However, automatic gratuities (like restaurant service charges for large parties) don’t qualify because they’re not considered voluntary. Like the overtime deduction, this deduction is also valid from tax years 2025 through 2028.
The annual federal gift tax exclusion has increased from $18,000 to $19,000 per recipient. That means you can gift up to $19,000 to as many people you want each year without filing a gift tax return or paying any tax on it. It’s a small increase, but for families assisting loved ones with major expenses like college tuition or a first home, it’s a helpful move.
The federal estate tax exemption is the amount of wealth you can pass to heirs without activating the estate tax. At the end of this year, the exemption was set to revert to the pre-2017 Tax Cuts and Jobs Act (TCJA) levels of $5 million per person. However, starting in 2026, the threshold rises from $13.99 million to $15 million per person ($30 million for married couples). This limit is permanent (barring any amendment or repeal in future legislation) and indexed for inflation starting in 2027, ensuring that it continues to rise over time.
This update means fewer wealthy families will face the estate tax, and gives these households more predictability for long-term planning.
The OBBB implements a handful of new, targeted tax breaks. Consult a tax professional to understand how these changes could apply to your situation and make the most of any tax breaks you qualify for.
President Trump’s One Big Beautiful Bill (OBBB) includes a new business tax provision that could affect how entrepreneurs organize their startups. The change is making C corporations more appealing than they’ve been in years. For founders, early employees, and investors, the update to the Qualified Small Business Stock (QSBS) exemption is a big deal. It raises the potential tax-free gains from company stock and gives startup owners more control over when and how to realize those gains. Here’s what’s changing and why it matters.
The OBBB expands the QSBS capital gains tax exclusion from $10 million to $15 million for stock acquired after July 4, 2025. So, if you own qualifying stock in a C corporation and then sell it after meeting the holding period and other requirements (e.g. your C corp must be U.S.-based and have less than $75 million in total assets when it issues the stock), you could exclude up to $15 million in gains from federal income tax.
Simply put: if the company is successful, you get to keep more of your profit.
This is a significant advantage for founders and early employees who hold stock in their own startups, especially when emerging industries like AI and biotech are driving company values to rise quickly.
The QSBS change gives small startups another reason to consider that route instead of an LLC or S corp. With the higher exemption, founders of C corporations can protect more of their future profits from taxes when they eventually sell their stock. Investors get the same tax break if they keep their shares for at least five years.
It’s also a boost for early employees who receive equity as part of their compensation. Depending on how much the company appreciates, their potential payout for company growth could be partly or fully tax-free.
The OBBB also gives business owners more control over when they pay taxes on their gains. Instead of selling all your shares at once, you can sell some shares now and hold the rest for later. The timing can help you manage income level, avoid higher tax brackets, and plan for future rate changes.
The new $15 million cap also makes it easier for founders to include their business stock in long-term wealth and estate plans. They can transfer QSBS shares to trusts or family members while keeping the tax break. So, they can pass on more of the company’s value without losing money to taxes.
For new entrepreneurs, especially in tech and AI sectors, this change could mean keeping millions more in long-term wealth. Before deciding how to structure your business, talk with a tax professional who can help you navigate the ever-changing federal tax code.
Keeping an open line of communication is important to us. We invite you to reach out to us either by phone, email, or this form to ask questions, request an appointment or talk about any finance-related matter that comes to your mind.
317-398-9753
8 Public Square
Shelbyville, IN, 46176
