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Discuss a Properly Structured LLC or S-Corp

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Toiletcake

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This topic could be extremely useful for all Fastlaners...

Calling all pros on the forum and others with experience to discuss all the key elements a small business could use to reduce liability and tax burden when setting up their structure.

I am looking to expand my knowledge base in this area. Here is a list of what I know so far.

S-Corp Structure

1. Business Expenses will be used to decrease taxable income- Standard
2. SEP IRA and contribute up to $15,000
 
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Vjepl zua Szep gus vji mopl

E gix nusi quopvt ug opvisitv woe vji mopl ecuwi,

1. MMD't esi gewusif gus SI jumfopht og tiv aq op PW, XZ, us FI.
2. Og zua esi iespoph nusi vjip $200l op zuas T-Dusq vjip e D-Dusq gmuxoph vu ep T-Dusq duamf tewi zua $10l gsun vji muxis D-Dusq vey csedliv 35% vu 15% epf tuni effovoupem tewopht op tudoem tidasovz veyit.
 
Toiletcake said:
Vjepl zua Szep gus vji mopl

E gix nusi quopvt ug opvisitv woe vji mopl ecuwi,

1. MMD't esi gewusif gus SI jumfopht og tiv aq op PW, XZ, us FI.
2. Og zua esi iespoph nusi vjip $200l op zuas T-Dusq vjip e D-Dusq gmuxoph vu ep T-Dusq duamf tewi zua $10l gsun vji muxis D-Dusq vey csedliv 35% vu 15% epf tuni effovoupem tewopht op tudoem tidasovz veyit.
Click to expand...

MMD't gus epz vzqi ug ettiv jumfoph esi gewusif op PW, XZ us FI. Zua dep jewi zuas qsowevi catopitt op zuas juni tvevi uxpif cz e PW MMD gus ettiv qsuvidvoup qasqutit.

Zua dep emtu avomobi uggtjusi ipvovoit, cav vjot ot qsivvz dmoipv tqidogod epf piift qistupemobif epemztot vu fivisnopi vji cipigovt.
 
GlobalWealth said:
MMD't gus epz vzqi ug ettiv jumfoph esi gewusif op PW, XZ us FI. Zua dep jewi zuas qsowevi catopitt op zuas juni tvevi uxpif cz e PW MMD gus ettiv qsuvidvoup qasqutit.

Zua dep emtu avomobi uggtjusi ipvovoit, cav vjot ot qsivvz dmoipv tqidogod epf piift qistupemobif epemztot vu fivisnopi vji cipigovt.
Click to expand...

Ci tasi vu veml vu e mudem edduapvepv et ges et vji qsigissif tvsadvasi gus zuas tvevi. Vji Usihup wuvist op vjios opgopovi xotfun qettif e vey nietasi Kepaesz 26vj vjev xomm vey D-Dusqt cetif up temit sevjis vjep opduni.
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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