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Payom Dousti
@payomdousti
have any other founders performed an audit to determine qsbs status -- specifically wrt the active trade or business test? "80% of assets must be used in active conduct. cash, cash equivalents and securities are not considered as used in the active conduct of a trade or business."
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Payom Dousti
@payomdousti
https://www.ey.com/en_us/tax/private-client-services/managing-qsbs-status-and-working-capital
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