In this episode of the Main Street Business Podcast, host Mark J. Kohler unpacks the intersection of traditional tax strategies and the world of cryptocurrency. Learn how the "Trifecta Concept" can streamline your estate planning and operational income, while also addressing the unique tax challenges of crypto mining, NFTs, and gaming revenue.

Here are some of the highlights:

• Mark begins by mapping out the Trifecta Structure for client asset organization.
• Mark breaks down the S corporation strategy: Split income into reasonable comp and K-1.
• Operational crypto income: Mining, certain staking, gaming revenue, NFT creation.
• Importance of organizing client's crypto activities within the trifecta framework.
• Tax strategies: Using IRAs or solo 401(k)s for gaming income.
• Gaming tokens are taxable income subject to self-employment tax.
• How to use software to track cryptocurrency basis for reporting purposes.

• Grab my eBook 30 Unique Strategies Every Business Owner Should Know!
• You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Main Street 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!