Case Study: Plastic Molding Company


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Plastic Molding

The Problem

Mr. DeLong wanted to retire, but was looking at upwards of $3.5 Million in taxes upon selling is Land, S-Corp Stock, and Depreciated Equipment.

The Solution

CSS worked with the client all the way through his retirement to make sure he paid nothing in taxes. With CSS’s help, he was not only able to keep 100% of his money, but he was able to retire early.

Report Card

Control: A+

Asset Protection: A+

Family Strengthening: A+

Transaction Taxes

$1,400,000

Additional Income Taxes

$175,000

Estate Taxes

$2,000,000

Total Amount Saved

$3,575,000

What the Customer Had to Say:

“We are appreciative of the way Jim Smyth led us through the sale of our Dads business early on. Jim protected our family and Dad’s business, land, and equipment from all taxes as Dad retired. Jim is very responsive to our needs and we would recommend him for assistance.”

– Melinda DeLong, Daughter of Founder, Jeco Plastics, Inc.

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