Client
Mike R.
Comedy Sketch Creator
Annual Income
$25 million
Mike’s viral sketches made him a top earner on TikTok, but his simple sole proprietorship structure was costing him millions in taxes.
Our Approach
- Established a complex but highly efficient multi-entity structure, including an S-Corp for personal services and a C-Corp for his production company.
- Implemented an innovative IP holding company structure to optimize royalty payments.
- Utilized specific entertainment industry tax credits for his production activities.
Result
Mike’s effective tax rate dropped from 43% to 7%, saving him over $9 million annually. He’s using these savings to produce a feature-length film and invest in tech startups.