Most business owners think forming an LLC is a tax strategy. It's not. Former IRS Revenue Agent Lauren Twitchell breaks down the single biggest misconception about entity structure — that your legal entity and your tax treatment are the same thing. They're not, and confusing them is how people pay for complexity they don't need or miss protection they do. In this episode, Lauren introduces the three pillars of every entity decision: liability, tax treatment, and compliance burden — and explains where most people are already starting from without realizing it.