💰 Tattoo Business Finance: LLCs, Taxes, and Partner Breakups | CPA Matt Bontrager & Megan Comfort

Join host Austin Spencer (@austinsbrain) this month for an incredibly fun and insightful conversation with Megan Comfort (@meganthebanker/@nevadastatebank) and Matt Bontrager (@mattbontrager/ @truebookscpa) as they dive deep into the crucial financial and legal strategies every tattoo business owner needs to know.
This episode tackles the big questions around business structure, breaking down the benefits of setting up an LLC versus operating as a sole proprietor. Matt and Megan emphasize the very real dangers of commingling personal and business funds- a mistake that could cause you to lose the liability protection an LLC provides if you get sued.

The conversation gets candid as Austin (@austinsbrain) and Matt discuss the emotional and financial realities of a business partnership breakup They also cover the critical tax implications of the 1099-K form for those who are trying to "fly under the radar." Finally, Megan shares a powerful message about the "addiction" of watching your money grow through smart savings and investments like an IRA- a lesson that can help entrepreneurs build generational wealth by getting an early start.

This conversation is a must-listen for any tattoo artist, shop owner, or creative entrepreneur looking to protect their assets, minimize taxes, and build a financially secure future.

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Thank you for listening!



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