In this fiery and funny episode of Nailed It: The Construction & Real Estate Finances Podcast, hosts Jeremy Bollinger and Ian Grove hammer into one of the most abused tax topics on social media — the almighty S-Corporation election — and the wave of clickbait "tax gurus" who promise magical savings with LLCs, trusts, and shady entity setups.

Jeremy and Ian pull no punches as they unpack why "copying the rich" is bad advice, when an S-Corp actually makes sense, and how to spot BS tax planning before it costs you big time. From the infamous claim "no one's ever lost an audit" to the dangers of taking $400-a-month "reasonable compensation", this episode dives deep into the math, risk, and logic every business owner needs to understand.

Expect sharp insights, a few choice rants, and even a hilarious detour involving Taco Bell chalupas and broken bones (literally). It's part education, part comedy roast — and all truth for contractors, real estate investors, and small business owners tired of social media nonsense.