An exit sign is seen above U.S. President Donald Trump as speaks with reporters aboard Air Force One.
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Thinking about selling your small business in a few years? The One Big Beautiful Bill Act could mean millions more in your pocket.
President Donald Trump’s signature legislation, enacted in July, has significantly expanded the benefits of qualified small business stock, shares in an eligible small business that are subject to special capital gains tax rules. More businesses are now eligible to convert to a C corp to qualify for favorable tax treatment. While this is likely to be a boon to recently minted AI startups that see a path to big riches in their own exit strategies, owners across many sectors of the economy can reap significant tax savings if they are contemplating a business sale in the coming years.
To be sure, there are conditions to who…
