Section 1202 of the Internal Revenue Code provides an incentive for non-corporate taxpayers to invest in start-ups and small businesses by allowing those taxpayers to exclude up to 100% of gains realized from the sale of stock in such businesses if such stock meets the definition of “qualified small business stock” and other requirements are satisfied. This can result in significant tax savings for the investors. This presentation will explain the benefits of these rules and provide an overview of the requirements to qualify as qualified small business stock and be eligible for the benefits.