As we're going to focus on here today is making sure you're understanding what any do I use in the right situation for multiple reasons.

A lot of lawyers can give you a great asset protection plan that sucks for tax planning because they're not good tax lawyers.

And vice versa, you might have a good CPA that knows tax stuff.

There's not giving the best advice from the legal side.

There's still a lot of misinformation on when the S corporation makes

sense. Stodgy, older, more conservative CPAs are not suggesting the S corporation enough

regularly and at the right time because they're scared to death and that's their personal lifestyle,

but that doesn't mean it's yours. Whatever you may be, we want to make sure you have

the right entity for this. And the people with assigned hustle are ones that I think forgotten a lot. But this is for you main hustle people too. Leave in corporate America. You're going to start to go small business. You're coming out of college. You're going right into small business. I don't care what it is. You need to know the right entity to set up. Welcome, everyone, to the Main Street Business Podcast, the first episode of 2024.

This year is off to a bang.

And I'm just excited to be back on the podcast with the man, the myth, the legend, Mark J.

Kohler.

Oh, thank you so much, Matt.

And normally every year we do kind of a strategic planning, how to build a business plan, what should I do for

2024? I'd really like to do that in the next two weeks. We're doing ours too. Yeah,

we're doing ours too. In fact, we were just talking, when are we going to do an offsite in the

next 10 days and really plan for the year? So we're going to have that podcast, but I think one of

the main questions people have as a business owner, as they look to the new year, am I structured properly?

Especially with the Corporate Transparency Act and the filing that's going to have to happen.

And are people having entities they don't need or what entities should they have?

This LLCS corp debate is a constant one. And once

you make the decision, a lot of seasoned business owners, it's done. You're good. You know what to do. But for 50 million side hustles out there, they're like, I don't know. And so we hope this podcast is going to be really, really helpful for you. Yeah, even you main hustle people, you know, He's a full-time business owner, whether it's small business, big business, you're a real estate investor.

...