This powerful young couple started their consulting business as sole proprietors. They are successful and are facing a hefty self-employment tax. We quickly helped them to start their S Corp and saved a large amount of self-employment tax. A few months later, some of their clients wanted to partner with them to grow the business to cale. We positioned them as a C Corp to qualify for $10,000,000 capital-gain-tax-free capital gain for each investor and founder on exit using section 1202 Qualified Small Business Stocks.
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