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714: Power Talk Friday: Braden Drake: Quit Being Afraid of Your Tax Attorney

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Sinopsis

Today with Braden Drake: Welcome to A Well-Designed Business. Braden Drake of Unf*uck Your Biz podcast is a California tax attorney specializing in helping creatives made sense of business finances and tax law. He’s sharing all about business entities, business insurance, and CPA service structures. He’s sharing his lighthearted and easy-to-follow education style that empowers creatives to understanding the foundational principles of money and business tax law. Pick it apart: [12:15] Braden shares the non-negotiable insurance a business should have [18:02] LuAnn asks Braden about how to handle business registration and nexus for businesses that work and do business in multiples states [23:34] Braden breaks down LLCs, Corporations, and S Corps [27:44] Braden reviews a simple math example of when it makes sense to be an S Corp [36:42] Braden explains the different business models of CPAs [42:31] Braden shares about his upcoming educational program LuAnn and Braden Drake’s Ah-Ha moments: “You get