Why Business Owners Overpay Millions in Taxes

In this episode of Cornerstone Private Office: Smart Financial Strategies, Professor Jack Ledger explains why business structure—not just income—determines how much tax entrepreneurs actually keep. He breaks down how most small businesses operate as pass-through entities and why that often leads to unnecessary tax exposure. The episode explores the hidden cost of tax compliance and how lack of coordination between advisors creates financial leaks. You’ll also hear how strategic tax planning helped a marketing firm reduce its tax liability by over $100,000 and learn a simple step to begin evaluating your own tax structure.