Why 93% of Businesses Pay Unnecessary Taxes (And How to Fix It)
Dropping Bombs
Brad Lea
4.9 • 2.3K Ratings
🗓️ 19 June 2026
⏱️ 57 minutes
🧾️ Download transcript
Summary
This episode was sponsored by Cardiff
LightSpeed VT: https://www.lightspeedvt.com/
Dropping Bombs Podcast: https://www.droppingbombs.com/
Today's Dropping Bombs episode delivers a masterclass in tax warfare with Mark Lewis — a federally-licensed Enrolled Agent who spent 15 years battling the IRS before cracking the code on strategies the ultra-wealthy and big corporations have quietly used for decades. Now he helps small and mid-size business owners slash their taxes below 25%, protect assets from lawsuits, and build generational wealth using the same corporate structures as 9-figure companies.
Mark breaks down why your S-Corp is a trap, how Amazon-level corporate structuring is legally available to small business owners, and the six financial lies keeping most entrepreneurs overpaying by thousands every year. From the "earn vs. control" mindset shift, to the Augusta Rule, offshore trust myths, and why your CPA's silence is costing you more than their fee — this episode covers it all.
If you're making money and handing more of it to the IRS than Fortune 500 companies do, that's not a tax problem — it's a structure problem. And this episode tells you exactly what to do about it.
🔗 Connect with Mark
Instagram: https://www.instagram.com/marksmoneystrategies
Facebook: https://www.facebook.com/marksmoneystrategies
YouTube: https://www.youtube.com/@MarksMoneyStrategies
TikTok: https://www.tiktok.com/@marksmoneystrategies
Website: https://www.executivemoneystrategies.com
Email Mark directly: mailto:mark@marksmoneysecrets.com
📚Books:
Incorporate For Freedom: https://www.incorporatefreedom.com
Turn Your $60K Salary Into $1 Million: https://a.co/d/0hAHYBdW
Watch the full-length video version of any Dropping Bombs episode here on YouTube.
Brad Lea is a self-made entrepreneur who turned small-town grit into a multi-million-dollar empire. With over 25 years dominating sales and leadership, he's mentored thousands to outsmart, outwork, and out win their competition. His top-rated podcast, Dropping Bombs, brings raw, game-changing insights from the biggest names in business.
LightSpeed VT is Brad's brainchild—the world's leading interactive training platform. It's built to make your team sharper, faster, and more effective, without wasting time or money. Whether you're a startup or a Fortune 500, LightSpeed VT is how you scale success and dominate your industry. Curious? Check it out:
https://www.lightspeedvt.com/
Brad's also behind Closer School, the go-to program for mastering sales and closing deals like a pro. Want to 10x your income? This is where you start. His book, The Hard Way, lays out the brutal, honest lessons he learned building his empire—your blueprint to winning the game. Get it here: https://bradlea.com/product/the-hard-way/
This isn't just a video. It's a wake-up call. Watch it. Share it. Act on it.
Closer School: https://www.closerschool.com/cs
Transcript
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| 0:00.0 | 93% of American businesses are paying on average more than $11,000 a year in unnecessary tax. |
| 0:07.3 | It's fraud. |
| 0:08.3 | Over on the far side of the counter is this big rolled-ups, you know, four by six foot parchment, |
| 0:13.0 | stamped on it in big red, do not disclose, confidential. |
| 0:16.8 | I roll it out. |
| 0:17.7 | Whoa, nobody's talking about this. |
| 0:20.5 | CPAs don't understand what this is. |
| 0:22.6 | And if the big corporations are doing it, we should be too. |
| 0:25.4 | We wanted to kill the IRS and reveal the federal governments and the banking situation, which is completely illicit. |
| 0:33.5 | It's fraud. |
| 0:34.9 | Here's a nugget for you. |
| 0:38.8 | What it is, Brad Lee, back again with another episode of dropping bombs. |
| 0:42.9 | Today in the folks, today in the studio, folks, I got a real treat for you. |
| 0:47.1 | Mark Lewis in the house. |
| 0:48.4 | What's up, Mark? |
| 0:49.1 | What's up, Brad? |
| 0:50.4 | If you guys don't know this dude, he's someone you might want to listen to. He had a 15-year |
| 0:55.4 | fight with the IRS. And basically there's six financial lies that Americans are fed, right? |
| 1:05.8 | And if we listen close, we'll figure out how to flip them to our favor. So what fight were you in with the IRS? |
| 1:13.0 | Oh, that's a good one. |
| 1:14.0 | So I had my best friends, parents have me over for dinner, which sometimes happens. |
| 1:20.3 | And they were like, hey, we've got to tell you something. |
... |
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