
Main Street Business Podcast
4 episodes
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...Show more
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#583 Strategic Strategies With a Self Directed IRA
26 min 52 sec
Mark J. Kohler and Mat Sorensen reveal game-changing strategies for transforming your retirement accounts from Wall Street limitations to Main Street opportunities. Discover how to legally invest your IRA or 401(k) in high-potential assets beyond traditional stocks and mutual funds.
Maximize Tax-Free Wealth: Learn Roth IRA investment strategies that minimize taxes
Explore Alternative Investments: Real estate, crypto, private businesses, and more
Gain Checkbook Control: Understand IRA LLC structures for flexible investing
Protect Your Assets: Learn how retirement accounts shield your investments
A comprehensive guide for entrepreneurs seeking smarter, more strategic retirement investing.
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Senate Bill BREAKING NEWS: Small Business Owners Could Save Thousands
8 min 18 sec
The Senate and the House are now negotiating to get a final tax bill signed by the President before the 4th of July. This new law could mean thousands in savings for small business owners… don’t miss what you need to know!
Breaking News for Small Business Owners! The new Senate tax bill could save you thousands on your 2024 taxes — but you need to act fast.
In this video, we break down exactly how the law impacts small businesses, from bigger standard deductions to enhanced QBI and bonus depreciation.
Don’t miss out on these new tax breaks that could put more money back in your pocket. Watch now and see how to take advantage before it’s too late!Play episode
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#582 How Gene Simmons Went From Small Business Owner and Became #1
21 min 37 sec
Gene Simmons joins us for an unforgettable masterclass on business, life philosophy, and how KISS built a billion-dollar brand through strategic thinking and trademark protection.
• The precious nature of time and why "you will never get this day back"
• Why the "get rich slow scheme" is more reliable than get-rich-quick fantasies
• How KISS became the only band whose faces are trademarked like Disney characters
• The recent billion-dollar sale of KISS to Pop House company
• Coming from humble beginnings with a Holocaust survivor mother who taught resilience
• The dangers of telling small lies versus "the biggest, most monstrous lie"
• Why Gene's solo band sometimes makes more money than KISS with 60 personnel
• The power of opportunity and why most people miss it
• How AI and algorithms are already reshaping industries faster than most realize
• The importance of having a laser focus and clear vision for success
Every day above ground is a good day. If you're surviving in America with food in your belly, you have nothing to complain about.
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#547 Year-End Tax Strategies The IRS Haven’t Heard Of w/ Carter Cofield
42 min 40 sec
In this episode of the Main Street Business Podcast, Mark J. Kohler welcomes Carter Cofield to discuss must-know year-end tax strategies that can save you money and set you up for success. They dive into the "December loophole" for vehicle depreciation, maximizing health savings accounts (HSAs), and using Roth conversions to lower your future tax burden. Whether you're a seasoned business owner or just starting out, these actionable tips are essential for closing out the year on a strong financial footing.
Here are some of the highlights:
Mark and Carter discuss the tax benefits of renting out a primary residence for business purposes, emphasizing the $14,000 tax deduction and tax-free income potential.
Mark comments on the current market trends, including rising markets, crypto, and interest rates, urging listeners to invest in their future and business.
How to hold board meetings during family gatherings to write off travel and dining expenses, making it a tax-efficient holiday activity.
Carter highlights the importance of reviewing entity structures in the last quarter of the year, especially for LLC owners with unexpected profits.
They emphasize the need to finalize payroll amounts before year-end to avoid last-minute adjustments and penalties.
Explanation of the "December loophole" for healthcare, where health insurance must be in place before December 1 to qualify for the entire year's HSA contribution deduction.
The importance of planning and using tax savings accounts strategically to maximize tax benefits.
Need more Carter Cofield in your life? Check him out on the Melanin Money Show
Grab my FREE Ultimate Tax Strategy Guide HERE!
Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification.
You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
Looking to connect with a rock star law firm? KKOS is only a click away!
Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
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