Main Street Business

By Mark J Kohler and Mat Sorensen

The Main Street Business Podcast, hosted by attorneys Mat Sorensen and Mark J. Kohler, is the go-to resource for entrepreneurs, investors, and business owners who want to build, protect, a

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FAQs about Main Street Business:

How many episodes does Main Street Business have?

The podcast currently has 841 episodes available.

Main Street Business episodes:

November 14, 2023#464 Corporate Transparency Act - The New Law Affecting Every Business Owner
Get Your Company Compliant with Main Street Business Services

Dissolve Your Entity with KKOS Lawyers: https://kkoslawyers.com/

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen delve into the complexities of the Corporate Transparency Act. Here are some of the main points they discussed:
The ramifications of the Corporate Transparency Act for small business owners, including the need to report to the Financial Crimes Enforcement Network (FinCEN) if they own 25% or more of an LLC or are a manager or officer in an entity.
The severe penalties for non-compliance, such as a $500 per day fine and potential jail time.
Advice on how to ensure compliance, including the need to update FinCEN of any changes in entity ownership or management within 30 days.
Insights into the exceptions to the Act, such as an exemption for large companies with 20 or more full-time employees or generating $5 million in revenue.
Guidance on the importance of properly dissolving unused entities to avoid complications and penalties.
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
35min
November 12, 2023#463 Real Estate Expert Reveals Their Millionaire System - With Kathy Fettke
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In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Kathy Fettke, a prominent real estate investor and co-CEO of the Real Wealth Network. This exciting discussion delves into the dynamic world of real estate investments, particularly in the residential housing market.

Here's what you can expect to hear about:
Kathy provides a unique perspective on making money in real estate, with a focus on identifying problems and creating win-win solutions.
The duo discusses the current state of the residential housing market, including the impacts of rising interest rates and the shift in housing demand.
Kathy shares insightful information about her real estate funds, explaining how they provide a hands-off investment opportunity for busy professionals.
The conversation also explores the potential risks involved in real estate investments, emphasizing the importance of understanding the market, reading investment documents carefully, and working with experienced partners.
Kathy also emphasizes the importance of personal health and well-being in the context of wealth building, and shares her plans for future women's retreats aimed at empowering women in the real estate industry.
The importance of due diligence, understanding the risks involved, and partnering with experienced individuals in real estate investments is also discussed.
For more opportunities to learn from Kathy Fettke, follow the link below to her website and stay connected: https://realwealth.com/
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
42min
November 07, 2023#462 Revealing Tax Strategies That Will Leave You BROKE
In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen debunk five viral tax strategies that are often oversold and misunderstood. Here are some of the main points they discussed:
The top five deceptive tax strategies: The QSBS 1202 strategy, setting up an entity in another state to avoid state tax, cost segregations, setting up a C corporation for a small business, and the overselling of life insurance.
Insight into why these strategies often don't work for the majority of people, despite being pitched as universal solutions.
Advice on seeking a second opinion from a non-salesperson before implementing any tax strategy.
Thoughts on the importance of considering the credentials of those offering tax advice and ensuring they are licensed professionals.
Practical guidance on what to do if you've already implemented one of these five strategies and find it isn't serving you well.
This is a must-listen episode for anyone who is navigating their tax strategies and wants to ensure they are making informed decisions!
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
28min
November 05, 2023#461 Ex AirBNB Employee REVEALS How To Maximize Profits - With Daniel Rusteen
In this episode of the Main Street Business Podcast, Mark welcomes Daniel Rusteen, a former Airbnb employee and author of 'Profitable Properties', to talk about the intricate world of short-term rental investments. Here's what you can expect to hear about:
Daniel compares Airbnb with other forms of real estate investment and explains how hosts can optimize their listings for maximum profit.
The importance of listing optimization, including pricing strategy, photo quality, and listing descriptions.
The key factors influencing the success of an Airbnb listing - the quality of the property, how it's marketed online, and the host's attention to customer service.
Highlighting the potential returns, cash flow, and tax savings of an Airbnb. Daniel also shares his unique pricing strategy to maximize profits.
Daniel shares his vast experience in the short-term rental industry and provides a practical perspective on Airbnb investments.
The importance of due diligence and understanding the risks involved in short-term rental investments is also discussed.
Check out Optimize My Airbnb and use code MAINSTREET to unlock 50% OFF the Profitable Properties Program: https://optimizemyairbnb.com/optimized-business-airbnb-hosting-course-profitable-properties-short-term-rental-program/

Profitable Properties: Airbnb Insider Secrets to Find, Optimize, Price, & Book Direct any Short-Term Rental is out now on Amazon: https://www.amazon.com/Profitable-Properties-Short-Term-Investment-Year-Round-ebook/dp/B0BZBS4C4F
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
37min
October 31, 2023#460 Unlocking the Power of the Solo 401k
Set up your Solo-K with KKOS: https://kkoslawyers.com/services/solo-401k-set-up/

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen delve deep into the intricacies of the Solo 401K retirement account. Here are some of the key points they discussed:
An explanation of the Solo 401K, its appeal for self-employed individuals, and the role it plays in wealth-building.
Discussion on the contribution limits of Solo 401K, the difference between traditional and Roth dollars, and how to make the most of these contributions.
The significance of self-directing in a Solo 401K, the flexibility it offers, and the potential for diversifying investments beyond traditional stocks and bonds.
Clarification on the types of businesses or employment scenarios that qualify for the Solo 401K, and nuances around part-time employees and rental income.
Real-world examples of how Solo 401K can be leveraged for maximum benefit, including the strategy of "rolling over" funds from traditional IRAs or old employer 401Ks and the option of loaning oneself money from the account.
This episode is a must-listen for anyone self-employed or with a side hustle, looking to understand and maximize their retirement savings.
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
43min
October 24, 2023#459 The Real Benefits of S-Corps
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In this episode of the Main Street Business podcast, host Mark J Kohler delves deep into the nitty-gritty of S Corporations, LLCs, and the concept of the Trifecta in business. Here are some of the significant points discussed:
An extensive walkthrough of S Corporations, the misinformation surrounding them, and why they're valuable for business owners.
The comparison between an LLC and an S Corporation
An in-depth explanation of the Trifecta, and how it provides a solid foundation for business owners.
An explanation of how an S Corporation plays a vital role in tax management strategy.
Real-world examples of how transitioning to an S Corporation can result in significant tax savings.
The importance of maintaining compliance with an S Corporation, including managing payroll, ensuring proper legal documentation, and regular meetings with a tax advisor.
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
19min
October 19, 2023#458 Charting a Sustainable Path in the Fashion Industry w/ Entrepreneur Allison Boyes
In this episode of the Main Street Business podcast, host Mark J Kohler invites special guest Allison Boyes, a young fashion entrepreneur and designer onto the show. They delve into Allison's journey from selling vintage clothing in high school to launching her own luxury label. Here are some of the topics they cover:
The significance of hands-on experience and learning by doing in entrepreneurship.
Allison's unique venture into creating luxury cowhide coats, discussing her sourcing methods and the challenges of material costs.
The process of finding a manufacturer, with Allison's emphasis on keeping production within the US.
Insights into the development of a brand identity, from selecting a color scheme to conducting photo shoots for marketing.
The concept of a 'core collection' in fashion, and how this helps in brand recognition and consistency.
Allison's plans for future collections, adding new elements to her existing line, and her ongoing efforts in marketing and brand promotion.
The challenges and rewards of balancing entrepreneurship with personal responsibilities like motherhood.
A discussion on the importance of staying true to one's values in business, as exemplified in Allison's decision to keep production local despite potential cost savings overseas.
Check out my daughter Allison's business and website here:
https://www.allimarye.com/
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
21min
October 17, 2023#457 The Reality Check for Small Business Owners Considering QSBS
In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen discuss the complexities and potential pitfalls of the Qualified Small Business Stock (QSBS) tax strategy. Here are some of the key points they discussed:
An explanation of the QSBS strategy, its allure for small businesses, and the role of C Corporations in this strategy.
The three major problems associated with the QSBS strategy - The requirement of having a qualifying business, the need to show significant profit, and issues with potential buyers.
The significance of earnings before interest, taxes, depreciation, and amortization (EBITDA) in determining the value of a business.
The types of businesses that qualify for the QSBS strategy, and the potential roadblocks that could hinder a QSBS.
Real-world examples of situations where the QSBS strategy worked successfully, specifically in venture capital scenarios.
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
19min
October 15, 2023#456 How to Unlock Passive Income with Rental Properties w/ Rich Fettke
In this episode of the Main Street Business podcast, host Mark J Kohler welcomes special guest Rich Fettke, co-founder of Real Wealth - an organization that educates and helps individuals with their real estate investments. They discuss Rich's journey from being diagnosed with melanoma skin cancer to becoming a successful real estate investor and coach. Here are some of the topics they cover:
The importance of passive income and how it can ensure financial security during unexpected life events.
A unique 'holistic' approach of Real Wealth to wealth building which integrates living life on your own terms with making money.
Insights on the potential of small multi-family properties like duplexes as a strategic investment move.
How market research and vetting processes are crucial in identifying emerging markets for real estate investments.
Exploring the concept of a self-managing business, empowering team members to run the business, and freeing up time for personal growth and pursuits.
Real Wealth's innovative model of having property teams across the country, ensuring the quality of properties, and understanding localized real estate trends.
Providing advice for potential investors to take action, start small, and consistently grow their real estate portfolio over time.
Importance of making sound investment decisions and not just chasing tax benefits.
The real estate market by debunking fear-mongering headlines and focusing on actual data and trends.
For more opportunities to learn from Rich Fettke, follow the link below to his website and stay connected: https://realwealth.com/
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
25min
October 10, 2023#455 Health Insurance Open Enrollment: Strategies for Individuals and Small Businesses
In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen highlight the significance of healthcare open enrollment for solopreneurs and business owners. They delve into a range of strategies and tips to help manage healthcare expenses and optimize benefits. Here are some of the key points they discussed:
Insights into different healthcare facets and angles, such as the Health Reimbursement Arrangement (HRA), the Qualified Small Employer Health Reimbursement Arrangement (QSEHRA), and the Individual Coverage Health Reimbursement Arrangement (ICHRA).
Benefits of using the Health Savings Account (HSA) strategy for those who are generally healthy, including its tax advantages and potential for future growth.
The role of insurance agents, bankers, and lawyers in providing guidance on healthcare plans, emphasizing the need for individuals to educate themselves on their options.
The concept of 'network' in healthcare plans, highlighting how the choice of network can impact the cost and coverage of your healthcare.
The need for employers to consider healthcare benefits as a tool for retaining and attracting quality employees.
Ready to Take the Next Step?
Work With Mat & Mark’s Law Firm
Get strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.
[Book a Call with KKOS Lawyers]
Take Control of Your Retirement
Want to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.
[Learn More About Directed IRA]
Free Resources
Mat Sorensen’s Optimal Order of Investing Guide
Learn how to prioritize where your money should go and build a smarter investing strategy.
[Download the Free Guide]
Mark J. Kohler’s 30-Point Tax Guide
Discover practical tax strategies and planning opportunities every business owner and investor should know.
[Download the Free Guide]
Get More From Mat & Mark
Watch on YouTube
Tax strategies, business planning, investing, asset protection, and more.
[Visit the YouTube Channel...
...more
35min

FAQs about Main Street Business:

How many episodes does Main Street Business have?

The podcast currently has 841 episodes available.

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