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S-Corp, LLC, or Sole Prop?
Episode 39
If you’re a business owner, you’ve probably asked yourself: Do I need to switch to an LLC? Should I be an S-Corp? Am I missing out on tax savings? The advice out there is confusing, and Google isn’t making it any clearer. In this episode, Angie Grainger (CPA/PFS, CFP) and Elise Eropkin break down the real differences between an LLC, an S-Corp, and a sole proprietorship—without the jargon. They reveal why the “60/40 rule” for payroll isn’t real, the biggest tax mistakes business owners make, and how to structure your business in a way that actually protects your income, minimizes taxes, and keeps you compliant. Because choosing the right structure isn’t just about paperwork—it’s about making sure your business works for you.
The Prosperity Nation Podcast
