Grow Your Business and Grow Your Wealth

Bonus: S Corporation Tax Strategies Every Business Owner Should Know


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What if a single decision could save a business owner thousands in taxes every year?
On Grow Your Business and Grow Your Wealth, guest host Samuel Russell sits down with Rob Brand, tax strategist at Comprehensive Business Services in Newark, Delaware, for an eye-opening conversation on tax structure, S Corporation strategy, retirement planning, and what business owners get wrong about their numbers.


Rob breaks down how S Corporations really work, why most LLC owners are paying more than they should, how retirement accounts like SEP IRAs and self-directed IRAs can be used for real estate investing, and the huge difference proactive tax planning makes. He also talks about the ideal client he helps, the biggest mistakes he sees business owners make, and when to start planning for an exit. This episode is packed with simple explanations, clear examples, and strategies business owners can use immediately.
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Key Takeaways
→ Why S Corporation election can dramatically reduce self-employment taxes for LLC owners
→ How reasonable compensation works and why it matters for compliance and planning
→ The retirement accounts business owners should know, including SEP IRA and defined benefit plans
→ How self-directed IRAs allow business owners to buy and sell real estate tax-sheltered
→ Why proactive planning beats tax-season panic every time
→ The number one mistake business owners make when trying to grow


Featured Quote from Rob Brand
“Tax savings are all about strategy and looking forward. If you walk into your tax appointment in February asking what you can fix from last year, the answer is nothing. The runway is already gone.”
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If you're a business owner wondering whether you’re paying more taxes than necessary, now is the time to talk to a professional.
 Connect with Rob Brand at CBS Tax Pro
Phone: 302 353 0084
Website: https://www.cbstaxpro.com/

And be sure to subscribe to Grow Your Business and Grow Your Wealth, hosted by Gary Heldt, for more insight, strategy, and real-world conversations that help business owners succeed.

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Grow Your Business and Grow Your WealthBy Gary Heldt

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