5.3 | To LLC Or To S Corp, That Is The Question with Brandon Trammell

Should I form an LLC?

What are the pros and cons of an S Corp?

Or C Corp?

How does that affect how I pay taxes?

I get this question from so many entrepreneurs.

And to answer the question property, you first have to consider your business goals.

Secondly, you have to differentiate between a corporate structure (LLC) and a tax entity (S Corp).

To make this all much clearer, I invited Brandon Trammell--author, podcast host and financial advisor/insurance agent--to speak on the pros and cons of each.

Brandon's career in financial services has spanned 15+ years.

His firm, Purpose Financial & Insurance Services, was born in 2018 out of a desire to serve in a way that seemed to be missing from the industry; empowering community members with critical knowledge so they may take charge of their financial lives.

in this episode, Brandon walks you through:

What a pass-through entity is and why it's important;

The questions to ask yourself when choosing a corporate structure;

The value of understanding the difference between ordinary and necessary business expenses when adding up your deductions.

There's no better time that to dive into this than during tax season, {{contact.first_name}}.

Follow Brandon on YouTube or to his website.

Access his book, Leave It Better - A Financial Blueprint: How Savvy Business Owners Use the Tax Code to Grow Wealth And Leave a Lasting Legacy.

Download my 3-session money magnetism activation, PROSPER, to increase your financial confidence and cash flow: https://ishavela.com Apply to book your free financial strategy session: https://vortex-financial.ck.page/71853aa421 Apply to join our team of wealthy witches empowering conscious wealth: https://docs.google.com/forms/d/e/1FAIpQLScjU5QXtEnJiBA6kNK46JB4C9M5zJGOHhY2RsZJXwK66gYqjQ/viewform Access free content on my YouTube channel: https://www.youtube.com/@isha_vela Follow me on IG: https://www.instagram.com/isha_vela