Setting up a basic S-Corp worked when your business was netting $150,000[cite: 1]. But at $1M to $2M+ in taxable profit, relying solely on a simple pass-through S-Corp is leaking five figures in overpaid taxes and leaving you exposed.
The Augusta Rule (Internal Revenue Code Section 280A(g)) is one of the most powerful, legitimate provisions in the entire tax code—allowing business owners to receive up to 14 days of tax-exempt rental income while their company claims a deductible business expense. But turning this legitimate strategy into a 30-second "internet tax hack" without proper corporate infrastructure is a fast track to a massive IRS audit.
The biggest problem with earning millions in profit isn't making it—it's getting capital out of your business and into your personal wealth portfolio without losing 40%+ to personal income and payroll taxes.
Are you overpaying the IRS because your accountant is focused on compliance instead of strategy? If your CPA only talks to you in April and hands you a tax bill without a proactive plan, they are simply an "order-taker."
Tony Battista, a 25-year veteran CBOE market maker and key figure behind Think or Swim and Tasty Trade, joins Mark Lewis for an inside look at options trading history, business building, and market mechanics.
Grant reveals why he dumped his 401(k), rejected traditional diversification, sold his dream home in Los Angeles, and invested the equity into the real estate portfolio that ultimately changed his life.
“People don’t get rich diversifying. They get rich by making big commitments.”
This is not a surface-level Grant Cardone interview.
Most people focus on how to make money, but very few understand how to keep it. Once you cross that $100K mark in earned income, you aren't just a worker anymore—you are a target for taxes, liability, and the "wealth leak" of poor corporate structure.
Mark breaks down why your S-Corp is a trap, how Amazon-level corporate structuring is legally available to small business owners, and the six financial lies keeping most entrepreneurs overpaying by thousands every year.