Client Success Stories
Alex - Business Growth
James & Sarah - Career Transition
Michael & Laura - Family Wealth
David - Business Exit
Emma - FIRE Planning
Alex - Scaling a Business While Managing Wealth
Background
Alex, 32, is a marketing consultant earning $700K+ annually. He started his business five years ago and has seen rapid success, but he’s overwhelmed by tax inefficiencies and lacks a structured wealth plan.
Despite making great money, he realized he was overpaying in taxes and had too much cash sitting idle in his business account. He wasn’t sure how to balance reinvesting in his business while also building long-term wealth.
Challenges
- Missed tax savings opportunities, including the Qualified Business Income (QBI) deduction.
- Cash sitting in a low-yield business account, missing out on investment opportunities.
- Overpaying in self-employment taxes due to an inefficient business structure.
- Had no strategy for maximizing retirement contributions while keeping liquidity.
Our Strategic Plan
- Reorganized business as an S-Corp to reduce self-employment taxes, saving Alex $28K annually.
- Implemented a Defined Benefit Plan, allowing him to defer $100K+ pre-tax for retirement.
- Utilized a Securities-Backed Line of Credit (SBLOC) to provide liquidity without triggering capital gains.
- Optimized investments by selling high-fee mutual funds and switching to tax-efficient ETFs, saving $40K per year.
- Implemented tax-loss harvesting, reducing his taxable income significantly.
Outcome
Alex reduced his tax liability by $120K annually and now has a strategic plan that balances business growth and long-term wealth. With proper tax planning and investment strategies in place, he can focus on scaling his company without worrying about financial inefficiencies.