S-Corp vs LLC: Which One Actually Saves You More in Taxes?
S-Corp vs LLC: Which One Actually Saves You More in Taxes? If you’re running your business as a plain LLC and you’re clearing six figures, there’s a good chance you’re overpaying the IRS by $15,000 to $20,000 every single year....
Why 78% of NFL Players Go Broke — And the Structure That Prevents It
The statistic is staggering. According to a Sports Illustrated report, 78% of NFL players are under financial stress or have gone bankrupt within two years of retirement. For NBA players the number is even higher — an estimated 60% are...
Tax Strategy for Business Owners — The Complete Guide to Keeping More of What You Earn
If you’re a business owner doing $500,000 or more in annual revenue and you don’t have a deliberate tax strategy for business owners in place — you are almost certainly overpaying the IRS by tens of thousands of dollars every...
What Is a C-Corp and Why Every $500K+ Business Owner Should Consider One
f you’re running a business that generates $500,000 or more in annual revenue and you’ve never seriously evaluated whether a C-Corp is right for you — this post is for you. Most business owners have heard of a C-Corp but...
The Jock Tax — What Every Professional Athlete Needs to Know
Most professional athletes know they pay a lot in taxes. Very few understand exactly how much they’re overpaying — or why. The Jock Tax is one of the most significant and least understood tax obligations in professional sports. Combined with...
LLC, S-Corp, or Schedule C — Which One Do You Need and When?
This is the question I get asked more than any other. Every week I talk to business owners, side hustlers, freelancers, and entrepreneurs who are confused about the difference between an LLC, an S-Corp, and a Schedule C — and...