#459 The Real Benefits of S-Corps
Main Street Business
Mark J Kohler and Mat Sorensen
2.4 • 584 Ratings
🗓️ 24 October 2023
⏱️ 18 minutes
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| 0:00.0 | Business owners, I am so excited to talk to you about the S-corporation. There is so much misinformation out there on when, how, what the savings are. What about an LLC versus an S-Corp? We're going to break it down right here. This is going to be your money video where you're going to be able to better succeed and excel as a business owner with the right information. Now, I want you to be confident with what you're |
| 0:21.3 | about to hear. I'm a CPA, an attorney, bestselling author, radio show host, podcaster, YouTuber. |
| 0:28.8 | There is no one else in the country with my credentials that has more followers, more downloads, |
| 0:33.5 | and more videos, blogs, and articles on this topic. I'm a member of the AI CPA. |
| 0:38.0 | I'm licensed in five different states, lawyer or accountant. |
| 0:41.7 | We've got a team of 150 plus employees helping clients around the country. |
| 0:45.3 | We are legit. |
| 0:46.4 | I want you to know you can believe in this. |
| 0:48.6 | And I stand behind it. |
| 0:50.4 | And I train other CPAs and accounts around the country enrolled agents |
| 0:53.8 | with a certified advisor |
| 0:55.1 | program backing up hundreds and thousands of business owners every year on this topic. |
| 1:00.7 | So take out a piece of paper and write this down. |
| 1:02.7 | Where I want to start is we're going to have a picture. |
| 1:06.1 | We want to make sure this makes sense. |
| 1:08.3 | And so what I've been coined with talking about for years is the trifecta. |
| 1:13.8 | And let me tell you how the trifecta works because that's going to help to answer so many of your |
| 1:18.2 | questions regarding the S corporation and when it's right for you. The trifecta starts with a foundation. |
| 1:25.0 | It all begins with the trifecta. This is what I've been teaching for probably |
| 1:29.2 | 10 plus years now around the country, and it makes so much sense for my clients that are worth |
| 1:34.1 | millions and for my brand new business owners, young or old, male or female, large or small, |
| 1:39.0 | this is the foundation that's going to help you build your business, build your wealth, |
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