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Let’s say for example I have a company that is going to be acquired for $50m and I own half it as a cofounder.

How can I avoid a large tax hit?

I know someone who received $25m from an acquisition and walked away with $6m due to taxes and I want to avoid that nightmare.

All I know so far is that there is something to do with an S-Corp in a state with low/no capital gains tax…

Any other strategies to be aware of?

1 Answers1

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When you're talking about this amount if money, you really shouldn't be asking volunteers on the Internet for advice. You can't afford not to hire professionals.

keshlam
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