This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

- The five critical requirements for stock to qualify as QSBS: C-Corp, original issuance, under $50M in assets, active business, and a 5-year holding period.

- How to calculate the maximum gain exclusion, which is limited to the greater of $10 million or 10 times the stock's basis.

- Common exam traps such as S-Corp stock, secondary market purchases, and significant stock redemptions.

- Which types of businesses, like specific professional services, are excluded under the 'active business' requirement.

- How the stock's acquisition date determines the gain exclusion percentage, which can be 50%, 75%, or 100%.