Episodios

  • #519 How The Rich Make Their Assets Invisible
    Aug 13 2024

    Join Mark J. Kohler in this latest episode of the Main Street Business Podcast as he explores the fundamentals of asset protection and privacy. Learn about the essential structures, from LLCs to the advanced "Trifecta Strategy," and how regular reviews and professional advice can boost your financial security.

    Here are some of the highlights:

    • Mark emphasizes how asset protection is about implementing strategies to protect financial assets.
    • Create entities without personal name/address, use mail forwarding services.
    • Measures to level up security/privacy, such as video inventory of belongings, shredding documents, and fireproof safes.
    • Asset protection and privacy has 3 different levels based on asset amount and risk.
    • Mark maps out the Trifecta and how it can be used to enhance asset protection, tax strategies, and estate planning.
    • Why asset protection and privacy are essential for wealth building and security.
    • Importance of regular maintenance and updates.
    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
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    18 m
  • #518 3 Simple Crypto Tax Hacks The IRS Want You To Ignore
    Aug 9 2024

    In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen decode cryptocurrency tax tactics. They address the uptick in crypto ownership and IRS oversight, focusing on strategies like Charitable Remainder Unitrusts, tax-free trading with Roth IRAs, and LLC setups as S-corporations. They provide examples of significant tax reductions and steps to implement these strategies effectively.

    Here are some of the highlights:

    • Mark and Mat point out how $28 billion in Bitcoin is being bought and traded every 24 hours.
    • How to use CRUT (Charitable Remainder Unitrust) for large capital gains.
    • The advantage of using Roth IRA or Roth 401(k) for tax-free crypto trading.
    • Mark and Mat address crypto mining, staking, DeFi lending, NFTs, and gaming.
    • Importance of reporting crypto transactions to the IRS.
    • The step by step process to set up and fund a crypto Roth IRA.
    • Combining W-2 income with investment strategies.

    Join us for the FREE 2-Hour Live Crypto Tax 101 Q&A where Mark J. Kohler will unveil his Top 5 Crypto Strategies and then give you an opportunity to get your questions asked and answered. When: August 22 from 9am - 11am PT
    Register now: https://markjkohler.com/free-crypto-tax-101-event/

    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
    • Craving more content? Check out my Instagram!
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    30 m
  • #517 How The Rich Use S-CORPS To Explode Their Wealth
    Aug 8 2024

    In this episode of the Main Street Business podcast, host Mark J. Kohler guides you through the strategic advantages of S corporations. Find out how to leverage them for maximum tax savings, secure your retirement, and maintain pristine corporate records, ensuring your business thrives for years to come.

    Here are some of the highlights:

    • Mark begins by mapping out the 'trifecta' model: operations, assets, and trust/1040 tax return
    • Explains how S Corporation allow for splitting income into salary and pass-through
    • How this strategy works well for various professionals making $50,000 or more
    • Importance of diversifying wealth building between business operations and retirement account via Solo 401k
    • How a Board of Advisors generates more legitimate write-offs for the S corporation
    • S corporations have 1500% less chance of audit compared to LLCs
    • How to take advantage of tax deductions on travel, meals, and equipment for board members
    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
    • Craving more content? Check out my Instagram!
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    17 m
  • #516 Tax Lawyer Q&A: Strategies To Save You THOUSANDS In Taxes
    Aug 2 2024

    In this episode of the Main Street Business podcast, host Mark J. Kohler and special guest Ashley Burr focus on optimizing business structures and tax benefits. They cover the pitfalls of using rewards points for business expenses, converting 401Ks to Roth IRAs, and selecting the right business structure for spouses. Mark and Ashley also unpack strategies for leveraging HSAs, real estate tax tips, and maintaining a corporate veil, concluding with tax-saving tips via S Corporations.

    Here are some of the highlights:

    • Mark and Ashley introduce tactics to mitigate tax burden from Roth conversions
    • Single-member LLC vs. partnership for spousal businesses
    • Strategies for real estate professionals to offset taxable income
    • Importance of proper business structure for asset protection
    • How to use Roth conversion to eliminate Required Minimum Distributions (RMDs)
    • Significance of comprehensive operating agreements for family business transfers
    • Balancing S Corp salary with Qualified Business Income (QBI) deduction
    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
    • Craving more content? Check out my Instagram!
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    41 m
  • #515 The Trifecta System: How The Rich Avoid Taxes
    Jul 30 2024

    Join Mark J. Kohler in this episode of the Main Street Business Podcast as he simplifies saving taxes and building wealth with the Trifecta System. Learn the basics of legal structures and advanced strategies to protect and grow your assets.

    Here are some highlights:

    • Mark introduces the Trifecta and how it can be used to save taxes, build wealth, and leave a legacy.
    • Mark points how the Trifecta is designed for everyone, not just the top 1%.
    • Emphasizes the importance of starting small and growing.
    • Mark maps out his own personal journey using the Trifecta.
    • How to successfully implement the Trifecta for parents' estate.
    • Encourages self-management with the right professional guidance.
    • Proves how the tax savings and protection strategies work in real-world situations.
    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
    • Craving more content? Check out my Instagram!
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    18 m
  • #514 The 3 Ways The Rich Raise Money To DOMINATE Business
    Jul 23 2024

    In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen explore the fundamentals of funding your business. Join them as they discuss borrowing, partnerships, and SEC-approved strategies, ensuring you understand the legal frameworks that differentiate these options.

    Here are some highlights:

    • Mark and Mat unpack t three main methods: borrowing, partnering, and raising through SEC-approved manner
    • Mark and Mat discourage blending methods to prevent legal issues
    • Stress the importance of proper documentation for legal protection
    • Significance of transparency and proper use of raised funds
    • Importance of staying in the chosen "lane" (lender, partner, or investor)
    • Caution against relying solely on influencer-provided documents or methods
    • Ensure proper recording and execution of all legal documents related to raising capital
    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
    • Craving more content? Check out my Instagram!
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    44 m
  • #513 The Smartest Route To Beating Inflation
    Jul 16 2024

    Join Mark J. Kohler and Mat Sorensen in their newest Main Street Business Podcast episode as they tackle the pressing issue of inflation and how it’s reshaping daily life for Americans. From taking on side gigs to mastering budgeting hacks and debt management strategies, they’ve got you covered during these difficult times.

    Here are some highlights:

    • Mark and Mat discuss and break down the impact of inflation on average Americans.
    • Mark and Mat map out strategies to combat rising costs.
    • Emphasize the benefits of side hustles to increase income.
    • Solutions like house hacking to reduce housing costs.
    • Examples of low-cost business ideas and starting small.
    • Significance in taking on any available work in order to make ends meet in difficult times.
    • Importance of self-respect and perseverance.
    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
    • Craving more content? Check out my Instagram!
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    32 m
  • #512 The Truth About S-Corps: How To ACTUALLY Pay Yourself
    Jul 9 2024

    In 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 trust, operations, and assets.
    • Details on how LLCs and S corporations fit into the trifecta.
    • Importance of taking a salary from the S corporation to save on self-employment tax.
    • How the payroll percentage decreases as profit increases.
    • Emphasis on not overcomplicating the payroll determination process.
    • Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
    • You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
    • Curious what my new certification is all about? Learn More
    • Looking to connect with a rock star law firm? KKOS is only a click away!
    • Grab my FREE Ultimate Tax Strategy Guide HERE!
    • Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
    • Craving more content? Check out my Instagram!
    Más Menos
    11 m