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

• 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
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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.

• 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!

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 

• 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!

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.

• 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!

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.

• 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!

In 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.
• Importance of separating business and personal assets for protection.
• Explanation of the benefits of setting up an S Corporation.
• Encouragement to invest retirement accounts in non-Wall Street products.
• Significance of having a tax advisor who understands advanced tax strategies.

• 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!

In 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, and unemployment taxes.
• The benefits of using board of directors/advisors roles for spouses.
• Outline of the advantages, including solo 401k contributions for spouses and maximizing retirement savings through payroll.
• Scenarios where spouses must be on payroll due to material participation.
• Ensuring compliance with tax laws and regulations.

• 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!

In 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 assets for small business owners and W-2 employees.
• How to properly analyze and determine which rental property to buy
• Reminder to consider other investment opportunities besides real estate.
• Significance of understanding the 'why' behind buying a rental.
• Overall ROI includes strategic advantage, cash flow, and appreciation.
• Different appreciation rates for residential vs. commercial properties.

• 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!

Join 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 investments.
• Process of changing ownership of an S Corp and its tax implications.
• Explanation of the backdoor Roth IRA process and common mistakes.
• Importance of specifying access mechanisms for off-exchange crypto assets.
• Mark and Mat unpack the various benefits of the Main Street Tax Pro Certification for strategic tax planning.
• Impact of cost segregation studies on active income and real estate professional status.
• Ways to reduce capital gains tax on the sale of a home.

• 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!

Could 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 financial decisions were essential to his journey.

Get Jaroms Book Here!
https://www.amazon.com/Stop-Choosing-Be-Broke-Users/dp/B0CP82Q62R

Schedule a Call with Jarom Here!
https://kkoslawyers.com/lawyers/jarom-j-bergeson/

• 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!