Main Street Business
1,206 episodes - English - Latest episode: 13 days ago -The Main Street Business Podcast hosted by Mark J. Kohler with co-host Mat Sorensen discuss complex tax and legal topics like LLCs, corporations, estate planning, raising capital, and retirement planning in an engaging and charismatic way, making it easy for anyone to understand.
Mark J. Kohler has done over +10,000 consultations with clients, is a Senior Partner at KKOS Lawyers and CFO/Board Member of Directed IRA Trust Company with $2B+ in managed assets. He’s a best-selling author of six books, national speaker and founder of the Main Street Certified Tax Advisor Program, a program training thousands of CPAs and Enrolled Agents on proven strategies, effectively changing the lives of millions of small business owners in America.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
#511 The Truth About S-Corps: How To ACTUALLY Pay Yourself
July 09, 2024 18:00 - 11 minutes - 7.81 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler tells you all you need to know about S Corporations. Learn how to effectively balance your payroll with profit, understand the fundamentals of business structures, and discover tips to optimize your tax benefits. Here are some highlights: Mark points out the confusion around determining the right payroll amount. Introduction to the Kohler Payroll Matrix as a solution. Mark breaks down the trifecta: revocable living t...
#510 They're LYING To You... You NEED An S-Corp (Here's How)
July 08, 2024 03:00 - 14 minutes - 10.1 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler presents simplified tax strategies for business owners beginning their journey. Learn essential tips to safeguard your assets, reduce your taxes, and confidently control your financial path. Here's what you can look forward to: Mark introduces and breaks down the Trifecta concept for tax savings and asset protection. How the Trifecta design can be used as a tool for visualizing and achieving financial goals. Importan...
#509 Listen to this Before Putting Your Spouse on Payroll
July 02, 2024 18:00 - 25 minutes - 17.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen unpack the advantages and disadvantages of putting your spouse on the payroll. They shed light on potential pitfalls, discuss savvy alternatives such as board roles and Roth IRAs, and highlight the benefits of Solo 401k contributions and HRAs. Here's what you can look forward to: Mark and Mat break down the common misconceptions about paying spouses. Additional payroll costs including FICA, Medicare...
#508 Build A Passive Income Empire With Rental Properties (Here's How)
June 25, 2024 21:00 - 36 minutes - 25.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen unpack the secrets of building long-term wealth through rental real estate. Join them as they delve into real estate deal analysis, key performance indicators, cash flow, ROI, and other valuable insights. Here are some of the highlights: Mark and Mat provide real-world examples taken from experience with 20,000 consults and various client scenarios. Mark and Mat discuss the importance of adding asse...
#507 Accountant Q&A: Tax Advice The IRS Wants You Ignore
June 17, 2024 16:00 - 41 minutes - 28.5 MBJoin hosts Mark J. Kohler and Mat Sorensen on the Main Street Business Podcast as they delve into the topics that matter most to you. From strategies to minimize estate taxes to the complexities of cryptocurrency and S-Corp ownership, there’s no stone left unturned. Plus, get the inside scoop on the Main Street Tax Pro Certification and its many benefits. Here are some of the highlights: Mark and Mat begin with an in-depth discussion on reducing tax on large inheritance from overseas inve...
#508 Stop Choosing to be Broke with Jarom Bergeson
June 13, 2024 21:00 - 1 hour - 43 MBCould you imagine erasing $221,000 of debt in just 31 months? Join us in a special episode of the Main Street Business Podcast as Mat sit's down with Jarom Bergeson, a partner at KKOS Lawyers and author of "Stop Choosing to be Broke: A User's Guide to Money." Jarom's remarkable story of financial transformation—from drowning in debt to achieving financial stability—is nothing short of inspiring. Despite having a lucrative career as a lawyer, Jarom had to confront the harsh reality that smart...
#506 A Beginners Guide For Business Owners To BEAT The IRS
June 11, 2024 15:00 - 18 minutes - 13.1 MBIn this episode of the Main Street Business Podcast, host Mark J. Kohler presents simplified tax strategies for business owners beginning their journey. Learn essential tips to safeguard your assets, reduce your taxes, and confidently control your financial path. Here's what you can look forward to: Mark introduces and breaks down the Trifecta concept for tax savings and asset protection. How the Trifecta design can be used as a tool for visualizing and achieving financial goals. Importa...
#505 Why The Rich Put EVERYTHING In Their Living Trust
June 04, 2024 17:00 - 22 minutes - 15.8 MBGet your Estate Plan for up to $250 OFF during our Estate Plan Special: https://kkoslawyers.com/estate-planning-special-2024/ In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen present the 4 key benefits of a living trust, no matter your age or wealth status, and how it can secure your family’s financial future after you’re gone. Here are some of the highlights: Mark and Mat give a thorough explanation of what a living trust is and its role in esta...
#504 Former White House Director: How To WIN In This Economy w/Anthony Scaramucci
May 31, 2024 18:00 - 28 minutes - 19.8 MBIn this episode of the Main Street Business Podcast, Mark J Kohler welcomes Anthony Scaramucci, the former White House Director of Communications and founder of Skybridge Capital. The discuss the concept of resilience and the importance of relationships in business. Here's what you can look forward to in this episode: Anthony shares his journey from Main Street to Wall Street and back, highlighting the lessons learned as a small business owner. He provides valuable insights into the minds...
#503 Hire Your Kids To Save THOUSANDS In Taxes... Here's How
May 28, 2024 16:00 - 17 minutes - 12.4 MBIn this episode of the Main Street Business Podcast, host Mark J. Kohler breaks down the steps to successfully bringing your kids into the business fold and how this move can teach them crucial work ethics and provide substantial tax benefits. Explore detailed, actionable strategies that ensure your family capitalizes on every opportunity. Here's what you can look forward to: Mark begins by emphasizing the significance of getting children on payroll. Unpacks the motivations for teaching c...
#502 FBI Negotiator Shows You How To Negotiate Like The RICH w/Chris Voss
May 24, 2024 17:00 - 26 minutes - 18.5 MBIn this episode of the Main Street Business Podcast, host Mark J. Kohler welcomes master negotiator and businessman, Chris Voss to discuss his background as the FBI's lead international kidnapping negotiator and how his skills can be used in both the corporate world and everyday life. Here's what you can look forward to: Mark and Chris Demonstrate a negotiation in everyday situations. Explanation of negotiation as a collaborative process rather than a competitive one. Chris shared a stor...
#501 TAX LAWYER EXPLAINS: Get Your Home Office For Free?
May 21, 2024 01:00 - 23 minutes - 16.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen guide small business owners through the ins and outs of claiming the home office deduction. They also highlight other valuable tax write-offs, encouraging everyone to maximize their savings. Tune in to learn how to keep more of your hard-earned money! Here's what you can look forward to: Mark and Mat emphasize the importance of understanding the home office deduction and its representation for small ...
#500 $100M+ GameStop Founder Reveals His Story w/ Gary Kusin
May 17, 2024 17:00 - 30 minutes - 20.7 MBIn this episode of the Main Street Business Podcast, host Mark J. Kohler welcomes entrepreneur and GameStop co-founder, Gary Kusin to share his insights and experience with other aspiring leaders. Gary maps out his journey to becoming an industry leader himself and empowers emerging entrepreneurs to think beyond predefined passions. Here's what you can look forward to: Mark delves into Gary’s impressive career trajectory and how it’s made an impact on the corporate world. The importance o...
#499 Where and How To Set Up an LLC
May 14, 2024 16:00 - 31 minutes - 21.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen delve into how business owners can properly form an LLC. Together, they walk you through everything from selecting the ideal state for your LLC to dispelling misconceptions and providing professional tips on LLC setup, safeguarding assets, tax planning, and beyond! Here's what you can look forward to: Mark and Mat highlight the significance of selecting the appropriate state for setting up your busin...
#498 Where and How To Set Up an LLC
May 14, 2024 16:00 - 31 minutes - 21.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen delve into how business owners can properly form an LLC. Together, they walk you through everything from selecting the ideal state for your LLC to dispelling misconceptions and providing professional tips on LLC setup, safeguarding assets, tax planning, and beyond! Here's what you can look forward to: Mark and Mat highlight the significance of selecting the appropriate state for setting up your busin...
#498 How to Build a $50k/Month Tax Advisory Practice
May 07, 2024 15:00 - 22 minutes - 15.4 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler shares an insider's perspective on becoming a successful Tax Advisor. Mark maps out the process, reveals the untold benefits and dispels the common myths of advisory services, and encourages you to take the next step. Here are some of the highlights: Mark urges you to set goals, establish their motivation, and self-evaluate before making the leap into advisory. Mark maps out the technical training steps: becoming a ce...
#497 (8 MISTAKES) When Buying Your First Rental Property…
April 30, 2024 15:00 - 11 minutes - 8.16 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler delves into the eight common blunders that new investors make when acquiring their first rental property. Learn valuable tips on how to sidestep these errors and set yourself up for a prosperous rental experience. Here's what you can look forward to: Mark highlights the significance of tracking expenses from the start to classify them as startup costs. Emphasizes the need for a proper LLC for asset protection when ow...
#496 The Blueprint To Scaling A Business In 2024 w/ Jeffery Hayzlett
April 28, 2024 21:00 - 34 minutes - 24 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler interviews Jeffrey Hayzlett, a renowned business advisor, keynote speaker, and global business celebrity. Today, Jeffrey shares his most important business learnings after 26 years and over 200 businesses being bought and sold. Here's what you can look forward to in this episode: Jeffrey discusses how his journey in business leadership led him to becoming a celebrity judge on NBC's 'Celebrity Apprentice' Mark and Jeff...
#495 Why You Shouldn't Write Off That Car
April 25, 2024 17:00 - 12 minutes - 8.84 MBIn this episode of the Main Street Business Podcast, Mark J Kohler shifts the idea of buying a car strictly for the write-off into reverse and emphasizes the importance of having a vehicle that aligns with your business needs. Here are some of the key points that Mark unpacks: A breakdown of the pros and cons of business owners buying a vehicle. An in-depth discussion on when it is suitable to buy a vehicle for business purposes to leverage tax benefits. The significance of ensuring the...
#494 The 6 Steps To Creating a $1 Million Business Plan
April 22, 2024 19:00 - 50 minutes - 34.8 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen explore the foundational aspects of business creation with their expert guidance. Mark and Mat highlight the key aspects of starting a business and present a well-defined strategy to initiate your entrepreneurial endeavor. Here's what you can look forward to: Emphasis on focusing on essential information for a one-page business plan. Importance of outlining crucial items before diving into business a...
#493 Tax Strategies For NIL Athletes
April 21, 2024 22:00 - 23 minutes - 15.9 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler welcomes Main Street influencer, Max Merritt, to unpack how student athletes can manage NIL income by forming an LLC. Together, they break down the key strategies and tax advantages available for NIL athletes into four easy sections. Here's what you can look forward to: Mark and Max highlight the importance of structuring yourself as a business entity, such as an LLC, for tax planning purposes. They emphasize the need...
#492 Cyber Security Expert Reveals How To Protect Your Assets w/Rick Jordan
April 16, 2024 05:00 - 33 minutes - 22.9 MBIn this episode of the Main Street Business Podcast, Mark J Kohler welcomes Rick Jordan, founder of ReachOut Technology, to discuss the ins and outs of cybersecurity and how small businesses can shield themselves from cyber threats. Here's what you can look forward to in this episode: Rick shares the background and milestones of his cybersecurity journey. He highlights the importance of staying on the cutting edge of cybersecurity for enrolled agents. Rick gives an in-depth look at autom...
#491 What Can I Write Off in My Side Hustle This Year? (Listen Before April 15th)
April 12, 2024 16:00 - 32 minutes - 22.6 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide insights and tips specifically geared towards those with a side hustle. They dive into a wide range of topics, from tax planning strategies to the importance of claiming all income. Here's what you can look forward to: Detailed advice on preparing your tax return, particularly when dealing with a 1099 for the first time. The importance of claiming all income, whether it comes with a 1099 or n...
#490 Why Every Main Street Business Owner Should Be A SPARTAN w/ Joe De Sena
April 08, 2024 16:00 - 23 minutes - 16 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen welcome renowned entrepreneur and industry leader, Joe De Sena. Together, they unpack Joe’s journey to building Spartan, a powerhouse endurance sports brand, and how business owners can overcome obstacles in order to achieve the same level of success. Here's what you can look forward to in this episode: Joe shares the origin story of the Spartan race concept and its evolution over time. Joe discuss...
Why Every Main Street Business Owner Should Be A SPARTAN w/ Joe De Sena
April 08, 2024 16:00 - 23 minutes - 16 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen welcome renowned entrepreneur and industry leader, Joe De Sena. Together, they unpack Joe’s journey to building Spartan, a powerhouse endurance sports brand, and how business owners can overcome obstacles in order to achieve the same level of success. Here's what you can look forward to in this episode: Joe shares the origin story of the Spartan race concept and its evolution over time. Joe discuss...
#489 Accountant Q&A: Watch this to BEAT the IRS (legally)
April 02, 2024 15:00 - 51 minutes - 35.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into a variety of tax topics, offering their valuable insights and addressing your burning questions. Follow along as they cover everything from key tax savings strategies to estate planning, property management, and more. Here's what you can look forward to: Advice on balancing personal and business expenses for tax write-offs. Emphasis on estate planning for smooth asset transition, avoiding ...
#488 10 Crypto Loopholes The Rich Use To Get Richer
March 26, 2024 22:00 - 34 minutes - 23.5 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen reveal 10 crypto strategies the rich are using to save taxes and continue building their wealth. Together, they offer a peek behind the curtain and key insights into the strategies that everyone should be taking advantage of. Here's what you can look forward to: A detailed breakdown of each of the top 10 crypto loopholes that the rich are using to elevate their wealth. Key strategies implemented wit...
#487 The Queen Of Pitching: "Here's The Real Key To Wealth" w/ Forbes Riley
March 23, 2024 17:00 - 33 minutes - 22.8 MBIn this episode of the Main Street Business Podcast, Mark J Kohler welcomes author, actress, influencer, and acclaimed Queen of the Pitch, Forbes Riley to discuss her amazing journey and reveal some of her secrets to making the perfect pitch. Here are some of the highlights from this episode: Mark and Forbes dive into how her personal experiences in entertainment shaped her communication style. Forbes discusses her lasting impact on small business owners and the importance of verbal commu...
#486 Investing Strategies For Small Business Owners
March 19, 2024 08:00 - 38 minutes - 26.7 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler and Mat Sorensen guide small business owners through the journey of building wealth. They delve into the unique characteristics of investing as a business owner and lay out a multi-phase roadmap for financial success. Here's what you can expect: A comprehensive look at the financial challenges and opportunities specific to small business owners. Practical advice on managing debt, building cash reserves, and optimizing...
#485 10 Capital Gains Tax Strategies that Keep More Money in Your Pocket
March 16, 2024 05:00 - 20 minutes - 14.3 MBIn this episode of the Main Street Business Podcast, host Mark J Kohler unpacks and breaks down the best ways to tackle Capital Gains tax. He maps out ten helpful strategies that can give you the edge you need to offset Capital Gains and save thousands of dollars. Here's what you can expect: An in-depth view of ten powerful strategies aimed at navigating capital gains tax, typically kept behind a paywall, now accessible for all. Valuable insights usually reserved for the wealthy elite. A...
#484 How to Build a Passive Income Empire (3 Step Formula)
March 12, 2024 18:00 - 25 minutes - 17.3 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen share their insights on building a passive income empire. They lay out a three-step formula, backed by their years of experience as tax attorneys, to help you achieve financial freedom. Here's what you can expect: A discussion on the importance of having a side hustle or small business, emphasizing its role as a revenue-generating asset that can fuel your future investments. Practical advice on inves...
#483 How to Maximize Your Rental Property Returns w/ Dolph De Roos
March 08, 2024 19:00 - 32 minutes - 22.1 MBIn this episode of the Main Street Business Podcast, Mark J Kohler welcomes Dolf De Roos, a globally recognized real estate investor and best-selling author. They delve into the intricacies of real estate investing and the potential it holds for significant returns. Here's what you can look forward to in this episode: Dolf shares his journey from being a PhD holder to becoming a real estate investor, mentor, and author of 11 best-selling property books. He provides valuable insights into ...
#482 How Much Money You Should Have In Your Retirement Account (By Age)
March 05, 2024 05:00 - 24 minutes - 17.1 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide a guide to securing a sound retirement plan. They engage in a highly informative conversation, offering step-by-step strategies to help you reach your financial goals. Here's what you can look forward to: An analysis of how much you should be saving based on your current age, with a clear goal of attaining a $2 million retirement fund. Insightful advice on how to effectively manage your savin...
#481 The Best Strategies to Build Your Personal and Business Brand w/ Mike "C-Rock" Ciorrocco
March 03, 2024 22:00 - 44 minutes - 30.4 MBIn this episode of the Main Street Business Podcast, Mark J Kohler welcomes Mike "C-Roc" Ciorrocco, the man behind the 'What are you made of?' movement and the CEO of People Building, Inc. The duo dive into the concept of brand building to grow a business. Here's what you can look forward to in this episode: Mike shares his journey from the mortgage industry to becoming a renowned performance coach, public speaker, and author, focusing on personal branding and business growth. He provides...
#480 How To Manage Your Finances in this Economic Climate and Election Year
February 27, 2024 18:00 - 29 minutes - 20.5 MBIn this episode of the Main Street Business Podcast, hosts Mat Sorensen and Mark J Kohler delve into managing personal finances and small businesses in an uncertain economic climate. Their lively conversation is packed with insightful advice and practical strategies. Here's what you can look forward to: A detailed discussion on the importance of having a clear financial plan, regardless of the economic climate or election year. Valuable insights on managing personal debt strategically and...
#479 Tax Strategies, Asset Protection, and Estate Planning for Farmers
February 23, 2024 18:00 - 39 minutes - 27.2 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve deep into the challenges and opportunities of running a farming operation. They provide their expert insights on eight distinct, yet interconnected, farming strategies that can help both budding and seasoned farmers. Here's what you can look forward to: A detailed examination of the S Corporation strategy, highlighting how it can enhance tax efficiency and profitability in farming operations. A...
#478 Four Case Studies of Common Main Street Business Owners
February 20, 2024 18:00 - 41 minutes - 28.9 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen offer their expertise on wealth building strategies, tax planning, and legal perspectives for both budding and seasoned entrepreneurs. They discuss four case studies, each bringing unique circumstances and challenges to the table. Here's what you can look forward to: An exploration of how to buy real estate with an IRA or 401K, providing an alternative to traditional investment options. An in-depth d...
#477 Open Forum - Real Estate, S-Corps, and Electric Vehicles
February 13, 2024 17:00 - 44 minutes - 30.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen discuss various topics related to business, taxes, and legal structures. They answer questions from listeners about tax benefits for small businesses, the benefits of S corporations, and strategies for real estate investing. Here's what you can look forward to: A detailed explanation of how an EV vehicle can be written off, even if you receive the EV credit for the vehicle. An insight into the proces...
#476 Grant Cardone VS Jon Legere: What is Defamation?
February 09, 2024 18:00 - 20 minutes - 14.3 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen unpack the defamation case between Grant Cardone and John Legere. They delve into the implications of this case, exploring how it affects the way we communicate online and protect our reputation. Here's what you can anticipate: A breakdown of the case, highlighting the key statements made by John Legere that Grant Cardone claims are defamatory. Unpacking what defamation is, emphasizing the importance...
#475 The 3 Most Common Lawsuits & How to Avoid Them
February 06, 2024 18:00 - 35 minutes - 24.3 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into 3 potential legal liabilities for individuals and small business owners. They offer valuable insights into the process of reducing liability through effective planning and documentation. Here's what you can anticipate: A discussion on the three most common ways you might get sued in America: incidents at your home, personal injury claims, and contract disputes. An examination of real-life ...
#474 Received a 1099…What next?
January 30, 2024 17:00 - 32 minutes - 22.4 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen provide an in-depth discussion on the importance of effective tax planning for individuals with a side hustle or small business. They offer valuable insights into the process of reducing tax liabilities by taking legitimate expenses offered by the IRS. Here's what you can look forward to: How to effectively reduce the income from a 1099 by deducting legitimate expenses. Debunking misconceptions about...
#473 The Truth About W-2 Tax Strategies
January 24, 2024 06:00 - 32 minutes - 22.1 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into various tax strategies for W-2 earners and discuss how to effectively minimize your tax liabilities. They explore the benefits of different deductions, tax credits, and alternative investment strategies, emphasizing the importance of smart tax planning. Here's what you can look forward to: A detailed exploration of 'above the line' and 'below the line' deductions, how they affect your adjus...
LLC, S-corp, or C-corp: Which is best for me?
January 16, 2024 17:00 - 41 minutes - 28.8 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen unpack the complexities of business structures and their tax implications. They delve into a variety of topics, including the advantages of transitioning a side hustle to an S Corp, the intricacies of tax management for partnerships and LLCs, and the strategic use of different entities for business owners and real estate investors. Here is what you can look forward to: In-depth explanation of various ...
#472 LLC, S-corp, or C-corp: Which is best for me?
January 16, 2024 17:00 - 41 minutes - 28.8 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen unpack the complexities of business structures and their tax implications. They delve into a variety of topics, including the advantages of transitioning a side hustle to an S Corp, the intricacies of tax management for partnerships and LLCs, and the strategic use of different entities for business owners and real estate investors. Here is what you can look forward to: In-depth explanation of various ...
#471 Open Forum - Tax Strategies That Save You THOUSANDS
December 26, 2023 17:00 - 37 minutes - 26 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen address a variety of questions from their listeners. The topics range from the tax implications of self-rental and equity grants for startups, to the benefits of converting a side hustle to an S Corp, and the complexities of managing taxes for partnerships and LLCs. Here's what you can anticipate: Detailed explanations on various tax and legal strategies like self-rental of an office condo to an S Cor...
#470 Maximizing Auto Tax Deductions
December 20, 2023 06:00 - 33 minutes - 23.2 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen talk about the ins and outs of auto tax deductions for small business owners. They discuss the various write-offs, including mileage and actual expenses, tax incentives for electric vehicles, and the importance of year-end planning. Here's what you can expect: An in-depth discussion on how to get the most out of auto tax deductions for your small business, including the differences and benefits of the...
#469 Mega Roth Strategies Before Year End
December 12, 2023 17:00 - 43 minutes - 29.8 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen dive into the best tax-free vehicle to grow wealth - the Roth account. They discuss the significant benefits of Roth accounts, the power of time value of money, and the importance of planning and executing strategies before the year ends. Here's what you can expect: An explanation of how to use the best tax-free vehicle to grow and earn wealth, and the benefits of the Roth account. A walkthrough of t...
#468 25 Tax Strategies The Wealthy Know (and you don't)
November 30, 2023 21:00 - 55 minutes - 38 MBIn this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen give their 25-year-end tips for saving BIG on taxes. Mark and Mat reveal the complex realm of legal entities, discuss the imminent changes brought about by the Corporate Transparency Act, and much more! Here's what you can expect: The common missteps when setting up a multitude of legal entities such as LLCs, trusts, and corporations. The new mandate requires business owners to register every LLC wi...
#467 Mastering Your Mindset with Life Coach Jody Moore
November 27, 2023 06:00 - 30 minutes - 20.9 MBIn this episode of the Main Street Business Podcast, Mark J Kohler welcomes Jody Moore, a successful life coach, author, and podcast host. This insightful conversation focuses on the intersection of mindset, emotions, and business success. Here's what you can look forward to in this episode: Jody shares her journey from a corporate background to becoming a highly sought-after life coach, impacting the lives of numerous business owners. She provides valuable insights into the mindset shift...
# 466 The #1 Oversold Legal Strategy in America
November 22, 2023 06:00 - 31 minutes - 21.8 MBBusiness owners are constantly oversold legal strategies they don't need, even if it's working for others. Always take the time to understand your needs! Legal strategies should be tailored to your specific situation. Otherwise, you end up paying more in fees, maintenance costs, and unnecessary complexity. Don’t be persuaded by fear or the fact that everyone else is doing it. For an affordable and simple consultation to build your strategy please book a call with one of our tax lawyers s...