At His CPA PC…We Seek GROWING Business Owners & Entrepreneurs

For when we first met you had an individual who was to be an owner in your venture. If he had even been limited to 20% ownership he would have been required to have been issued shareholder distributions on a prorated basis of ownership. Based upon your profits over the last three years this saved you $44,000 by our working with him to ascertain his true desires of a stipend for helping you rather than ownership in your business.

During this time we also worked with the IRS filing a Late Election using IRS Revenue Procedures to have your LLC converted to an S Corporation made effective that same year saving you $18,000 in FICA/Medicare taxes (as you also paid yourself a fair and reasonable salary) since our initial meeting.