Explore every episode of the podcast Main Street Business
| Title | Pub. Date | Duration | |
|---|---|---|---|
| #524 How The Rich Use LLCs To Hide Their Assets And Avoid Taxes | 30 Aug 2024 | 00:36:54 | |
In this episode of the Main Street Business Podcast, Mark J Kohler dives deep into the world of LLCs and their critical role in business success. He breaks down the concept of the trifecta and how it can empower entrepreneurs to build their American dream.
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| How Transforming Distressed Real Estate Can Skyrocket Your Wealth ft. Josh McCallen! | 30 Aug 2024 | 00:42:26 | |
Can identifying and leveraging underutilized properties truly unlock significant value? In our latest episode, we sit down with Josh McCallen, founder of Accountable Equity, to uncover the secrets of transforming distressed real estate into thriving business ventures. Josh shares his journey from a traditional middle-class upbringing to becoming a major player in the real estate and hospitality sectors, detailing his impressive feat of raising $54 million from investors. You'll hear firsthand how strategic planning and the synergetic integration of business operations with real estate can lead to substantial wealth creation.
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| #515 The Trifecta System: How The Rich Avoid Taxes | 30 Jul 2024 | 00:17:53 | |
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:
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| #426 Main Street Interview with Grant Cardone | 17 Apr 2023 | 00:18:58 | |
In this episode, Mark J Kohler interviews Grant Cardone, a successful entrepreneur and real estate investor. Grant shared his insights on success, emphasizing the importance of setting big goals and taking massive action to achieve them. He also discussed his real estate investment strategy, focusing on cash flow and building a portfolio of income-producing assets. They talked about sales and marketing, and Grant shared his views on how to effectively build a brand and business through effective marketing and sales techniques. Finally, Grant offered some valuable advice to aspiring entrepreneurs and investors, encouraging them to pursue their dreams with passion and dedication. So, if you're looking for some inspiration and practical advice on achieving success in business and investing, you won't want to miss this episode!
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| #424 Tax Planning For Student Athletes | 13 Apr 2023 | 00:40:19 | |
Hey there, college athletes! The NCAA recently announced a new rule allowing you to profit from your Name, Image, and Likeness (NIL). This is great news, but it also means that you have new financial responsibilities to consider. That's why it's important to learn about tax planning now. By understanding tax planning strategies, you can maximize your earnings and make the most of your opportunities. For example, you might want to set up a business entity to receive your endorsement income and save on taxes. Plus, you can avoid costly mistakes like failing to report income or pay taxes on time. Learning tax planning is also a crucial part of financial literacy. By building this knowledge, you can manage your finances, plan for your future, and make smart investment decisions. You'll be better equipped to work with financial professionals like accountants and financial advisors, too. So don't wait! By taking the time to learn about tax planning, you can set yourself up for financial success both during and after college.
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| #423 The Big Deadline - Should you Extend? | 11 Apr 2023 | 00:29:22 | |
Folks, let me tell you - filing for an extension is not something to fear. In fact, it can be one of the smartest moves you make when it comes to your taxes. Let's dive into the benefits of filing for an extension, and why it's important to submit an estimated payment along with it. First and foremost, filing for an extension can help you avoid late filing penalties. If you miss the April deadline, the IRS will slap you with a 5% penalty for each month that your return is late. Ouch! But by filing for an extension, you can buy yourself an additional six months to complete your tax return and avoid those pesky penalties. But that's not all - an extension can also give you more time to gather information and ensure that your tax return is accurate. This is especially important if you have a complex tax situation, with lots of investments or if you're self-employed. Taking your time and getting everything in order can help you avoid mistakes that could lead to an audit or penalties down the road. Now, let's talk about why it's crucial to submit an estimated payment along with your extension. When you file for an extension, you're only extending the time to file your return, not the time to pay any taxes owed. If you don't submit an estimated payment, you could be hit with penalties and interest charges. But that's not the only reason to submit an estimated payment - it can also help you avoid a big tax bill at the end of the year. By paying some of your taxes now, you can spread out the payments over a longer period of time, which can be a huge help for your budget. And, submitting an estimated payment can also help you avoid getting flagged for an audit. The IRS looks at large unpaid tax bills as a potential red flag, so getting some money in early can help you fly under the radar. In conclusion, don't be afraid to file for an extension if you need it. It can be a great way to avoid penalties, reduce the risk of errors, and give yourself more time to get your taxes in order. Just remember to submit an estimated payment along with your extension to avoid any headaches down the road.
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| #422 Paws for Thought: Writing Off Working Animals | 31 Mar 2023 | 00:36:54 | |
Hey there, it's Mark J. Kohler, and I'm excited to discuss the tax benefits of using working animals for your business or medical needs. Did you know that you could write off many of the expenses associated with your animal on your taxes? In this podcast, we'll explore the world of working animals and the specific expenses that may be deductible, such as food, veterinary care, training, and equipment. As a tax and legal expert, I'll also provide insights into the legal requirements and documentation necessary to claim these deductions. Whether you're a business owner with a service animal or someone with a medical need for a therapy animal, this podcast will offer valuable information on how to save money and maximize the benefits of your working animal. So join me as we navigate the world of tax savings and working animals together!
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| #421 "Tax and Legal Planning: Debunking FAQs and Misconceptions" | 16 Mar 2023 | 00:38:01 | |
Tax and legal planning can be a daunting task, especially when you're bombarded with conflicting information and misconceptions. But fear not! This Podcast aims to clear the air and provide you with the answers to the most common questions and misconceptions about tax and legal planning. Whether you're a small business owner or an individual looking to optimize your financial situation, this show will equip you with the knowledge you need to navigate the complex world of tax and legal planning with confidence. From understanding the basics of tax planning to debunking common myths about legal structures, this article covers it all. So dive in and learn how to make the most of your financial situation today!
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| #420 Open Forum | Your Questions Answered | 09 Mar 2023 | 00:51:19 | |
Join Mark and Mat in their engaging discussions as they tackle your personal tax and legal questions! Receive insightful answers to your most pressing concerns, and learn from their expertise as they provide some of the most effective solutions to your tax and legal issues. Tune in and let them help ease your worries with their informative and engaging dialogue.
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| #419 Your LLC May Be Useless: Mark's First Day In Court | 04 Mar 2023 | 00:46:22 | |
In this week's podcast, Mark is joined by a special guest who will discuss the significance of understanding why forming a limited liability company (LLC) may not be beneficial for you. Throughout the episode, Mark and his guest delve into the intricacies of LLCs, exploring the potential drawbacks and limitations of this business structure. By listening in, you will gain valuable insights into the factors that should be considered before deciding to form an LLC, and learn why this option may not be the best fit for your unique circumstances. Join Mark and his guest as they offer an informative and eye-opening discussion on the topic.
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| #418 LLC vs S-Corp! | Which One Is The Right One? | 24 Feb 2023 | 00:30:02 | |
In this weeks podcast Mark and Mat bring to light the importance and differences of the LLC and S-corp, listen as Mark and Mat duke it out between the two.
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| #417 When To Call Your Lawyer... | 16 Feb 2023 | 00:53:11 | |
There's pros and cons when it comes to contacting your lawyer...
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| #416 The People's Show | Open Forum Q&A | 09 Feb 2023 | 00:46:22 | |
Mark and Mat take time to answer your interesting legal questions, join them as the give clear and concise answers to your great tax and legal questions..
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| #514 The 3 Ways The Rich Raise Money To DOMINATE Business | 23 Jul 2024 | 00:43:45 | |
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:
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| #415 How Are Your Assets Protected? | Here's Some Basics... | 02 Feb 2023 | 00:36:27 | |
Mark and Mat explain the basics that are more then affordable to protect your assets, tune in to hear the educational content and learn how to save and protect your assets!
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| #414 The Home Office Deduction | 26 Jan 2023 | 00:37:04 | |
On this weeks podcast Mark and Mat talk about the home office deduction.
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| #413 Open Forum | Your Questions Our Answers | 18 Jan 2023 | 00:57:06 | |
On this weeks podcast Mark and Mat answer some of your difficult and important questions.
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| #412 The Scary Truth About 1099's and Subcontractors | 11 Jan 2023 | 00:34:32 | |
Join Mark and Matt as they discuss some facts and truths that you may not know when it comes to 1099's and subcontractors!
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| #412 Trump Tax Rant - The Truth | 05 Jan 2023 | 00:38:36 | |
Mark really goes off on the Trump naysayers, listen closely as Mark not only talks about the truths behind the attacks on Donald Trumps Taxes, but how it's possible for President Trump to say e on taxes as he does.
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| #411 Last Minute Action Items For Tax Savings Before Year-End. | 28 Dec 2022 | 00:26:33 | |
You don't want to miss out on this year end podcast, Mark and Mat discuss vital year end tax and saving strategies that can save you thousands!
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| #410 End Of Year Open Forum | Q&A Tax Questions | 22 Dec 2022 | 00:40:28 | |
Mat and Mark go over some very interesting questions sent in by you on saving taxes for the year end returns, join as we hear great answers given by the two best tax Attorneys around.
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| #409 Open Forum Q & A | Your Tax and Legal Questions! | 16 Dec 2022 | 01:02:06 | |
Listen to Mark with his solo podcast adventure on Main Street Businesses's Open Forum Podcast.
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| #408 S-Corps & Saving Taxes In 2023. | 08 Dec 2022 | 00:24:38 | |
In this weeks Main Street Business episode, Mat and Mark break down important tips on how to best save taxes in 2023. Don't miss this weeks episode of the Main Street Business Podcast.
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| #407 Awesome Year-End Tax Tips | 07 Dec 2022 | 00:36:46 | |
In this weeks Main Street Business episode, Mat and Mark break down important year end tax tips. Don't miss this weeks episode of the Main Street Business Podcast.
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| #513 The Smartest Route To Beating Inflation | 16 Jul 2024 | 00:31:40 | |
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:
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| #406 Scams, Loses, Theft and More - Must Know Tax Information | 17 Nov 2022 | 00:36:59 | |
In this weeks Main Street Business episode, Mat and Mark break down a myriad of covering topics related how to maybe write-off crypto scams, hacks, or FTX losses Don't miss this weeks episode of the Main Street Business Podcast.
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| #405 OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions | 10 Nov 2022 | 00:46:40 | |
In this weeks open forum episode, Mat and Mark break down a myriad of covering topics related to tax and legal questions asked by you.
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| #404 Moving to Avoid Taxes!! | 03 Nov 2022 | 00:32:48 | |
In this weeks open forum episode, Mat and Mark break down a myriad of covering topics from, why you should maybe move to avoid being taxed on a state level! Don't miss this weeks episode of the Main Street Business Podcast.
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| #403 The Power Of a Solo 401k | 28 Oct 2022 | 00:55:24 | |
In this weeks open forum episode, Mat and Mark break down a myriad of covering topics from, how to get a solo 401k, tax strategies, and MORE! Don't miss this weeks episode of the Main Street Business Podcast.
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| #402 IRS Is Your Silent Partner | What you should know | 21 Oct 2022 | 00:39:18 | |
In this weeks open forum episode, Mat and Mark break down a myriad of questions covering topics from, tax strategies, and MORE! Don't miss this weeks episode of the Main Street Business Podcast.
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| #401 OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions | 18 Oct 2022 | 00:51:54 | |
In this weeks open forum episode, Mat and Mark break down a myriad of questions covering topics from, tax strategies, and MORE! Don't miss this weeks episode of the Main Street Business Podcast.
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| #400 Short Term Rental Tax Strategies | The Truth! | 07 Oct 2022 | 00:35:21 | |
Listen to Mark and Mat, as the explain the hard truth about short term rentals and tax strategies.
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| #399 Wall Street Is Not Looking Out For Your Retirement | What You Can Do! | 23 Sep 2022 | 00:48:08 | |
Join Mark and Mat as they explain how you can better understand and control you retirement to get massive returns investing in what you know best.
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| #398 Tax & Legal Easy Button | The Trifecta... | 13 Sep 2022 | 00:19:18 | |
On this weeks episode Mark and Mat explain the importance of The Trifecta, listen as Mark and Mat as they go into detail, on how the Trifecta can help you.
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| #397 Your LLC Could Be Worthless! | What You Should Know... | 06 Sep 2022 | 00:22:14 | |
Today we are going to talk about the basic structures you may need to have a properly built LLC.
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| #512 The Truth About S-Corps: How To ACTUALLY Pay Yourself | 09 Jul 2024 | 00:11:14 | |
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:
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| #396 OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions | 29 Aug 2022 | 00:48:14 | |
In this weeks open forum episode, Mat and Mark break down a list of questions covering topics from tax strategies, and MORE! Don't miss this weeks episode of the Main Street Business Podcast.
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| #395 Asset Protection Level 3 - Retirement Accounts and More! | 18 Aug 2022 | 00:39:01 | |
In this weeks episode of the Main Street Business Podcast, Mark and Mat break down the basics of level 3 asset protection. This is the third episode in a three part series, covering levels 1-3 in asset protection.
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| #394 Asset Protection Level 2 - LLCs & More | 11 Aug 2022 | 00:59:12 | |
In this weeks episode of the Main Street Business Podcast, Mark and Mat break down the basics of level 2 asset protection. This is the second episode in a three part series, covering levels 1-3 in asset protection.
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| 393: Asset Protection Level 1 - The Basics | 04 Aug 2022 | 00:56:00 | |
In this weeks episode of the Main Street Business Podcast, Mark and Mat break down the basics of level 1 asset protection. This is the first episode in a three part series, covering levels 1-3 in asset protection. Level 1 might not be what you think! Believe it or not, they don't even cover entities. These are essential basics that everyone building wealth should know and understand. To learn more or submit a question for our next Open Forum show, visit: https://mainstreetbusiness.com/
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| 392: The Top Real Estate Tax Strategies Everyone Should Know | 21 Jul 2022 | 00:56:23 | |
To get your tickets to the real estate tax summit, visit: https://realestatetaxsummit.com/
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| 391: Protect Your Company With a Trademark | 18 Jul 2022 | 00:54:18 | |
On this week's episode of the main street business podcast, Mark Kohler, Mat Sorensen, and guest star Jarom Bergeson break down when you should get a trademark, why you should get a trademark, and how to get one properly.
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| 390: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions | 08 Jul 2022 | 00:51:01 | |
In this weeks open forum episode, Mat and Mark break down a myriad of questions covering topics from Solo 401k strategies, doing business internationally, tax strategies, and MORE! Don't miss this weeks episode of the Main Street Business Podcast.
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| 389: Tax Free Wealth - The Roth IRA | 30 Jun 2022 | 00:25:45 | |
Mark and Mat break down the power of the Roth IRA in this weeks episode of the Mainstreet Business Podcast. The Roth is a powerhouse tool that creates 100% TAX FREE wealth. Additionally, they break down a handful of game changing strategies on how to take your retirement to the next level.
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| 388: Recession Proof Your Business | 24 Jun 2022 | 00:41:09 | |
Learn practical steps you can take to weather the financial storm coming. Mark and Mat share fundamental strategies to keep your business afloat during these hard financial times.
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| 387: Recession Proof Your Life - 10 Steps | 16 Jun 2022 | 00:38:59 | |
Learn 10 practical steps you can take to weather the financial storm coming. Mark and Mat share real strategies that work and you can apply with your loved ones immediately.
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| #511 They're LYING To You... You NEED An S-Corp (Here's How) | 08 Jul 2024 | 00:14:31 | |
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:
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| 386: Estate Planning Series Part 3: Funding and Maintaining your Revocable Trust | 09 Jun 2022 | 00:43:00 | |
Join Mark and Mat for Part 1 of a 3-part series on Estate Planning. Fun, interesting, and always informative. For more info get over to www.mainstreetbusiness.com
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| 385: Estate Planning Series Part 2: Making Estate Plan Decisions | 03 Jun 2022 | 00:44:49 | |
Join Mark and Mat for Part 1 of a 3-part series on Estate Planning. Fun, interesting, and always informative. For more info get over to www.mainstreetbusiness.com
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| 384: Estate Planning Series Part 1 - Do I need an Estate Plan? | 27 May 2022 | 00:42:46 | |
Join Mark and Mat for Part 1 of a 3-part series on Estate Planning. Fun, interesting and always informative. For more info get over to www.mainstreetbusiness.com
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