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“Finally, you can keep the money in the corporation and wait until you die. Obviously, this isn’t my favorite technique. However, upon death, your heirs get a step up in basis for the corporate stock and can liquidate the corporation and receive the proceeds tax free.”
Sandy Botkin, Lower Your Taxes - BIG TIME! 2019-2020: Small Business Wealth Building and Tax Reduction Secrets from an IRS Insider

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