Problem
A dentist wanted to sell his practice, an S-corp, for $1 Million. Without planning, he would have to pay nearly $250,000 in taxes and would receive at close of escrow $650,000 after paying the costs of the sale.
TaxWealth Solution
The doctor sells the S-corp as a stock sale, eliminates the taxes and receives $840,000 in distribution at close of escrow, a 29% increase above conventional planning strategies.