Main Street Business

Discover how to transform your holiday party into a fully deductible business expense! Learn the surprising IRS rules for 100% deductions and the key requirements your event must meet. Explore fun and morale-boosting ideas that also satisfy tax codes, like awards and structured programs. Uncover creative strategies like the Augusta rule for home-based events. Plus, find practical tips for documenting your party expenses. Turn holiday cheer into financial savings while building team culture!

Discover 20 powerful year-end tax strategies tailored for small business owners and entrepreneurs. Learn about retroactive S-corp elections, maximizing HSAs, and strategic income timing to save money. Find out how to properly pay family members, leverage bonus depreciation on vehicles, and navigate health reimbursement arrangements. Plus, explore options like tax-loss harvesting and charitable gifts to maximize your deductions before the year ends. Get ready to finish strong and set your business up for financial success!

Bestselling author and family law expert Rebecca Zung joins attorney Mark J. Kohler for a deep dive into protecting your business during divorce. They discuss essential steps for financial preparation and how emotional decisions can sabotage your case. Rebecca outlines the five crucial areas in family law and explains the importance of timing when valuing your business. She introduces her SLAY framework for negotiating with narcissists and reveals how AI can aid in uncovering financial deception. A must-listen for anyone facing divorce!

Dive into essential investing wisdom as the hosts share the top ten due diligence must-dos. Learn why understanding your investment is crucial, and uncover the legal pitfalls of undocumented deals and commission kickbacks. Get insights on evaluating borrowers’ track records and resisting pressure tactics. Discover the power of saying no, hiring advisors, and leveraging CRUTs for crypto benefits. With real client stories and a live Q&A, this session is packed with valuable lessons to protect your wealth.

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down why every small business owner should hold their annual Family Board Meeting before the end of the year. This powerful meeting isn’t just a formality — it’s a proven strategy to strengthen your business, protect your assets, and educate your family about wealth and responsibility. You’ll learn how to make your Family Board Meeting IRS-compliant, maximize write-offs, document your decisions properly, and create a legacy plan that keeps your business and family aligned for years to come. Mark and Mat share real examples, step-by-step guidance, and practical insights to help you get it done right before December 31st. Don’t wait until tax season to get organized — plan your Family Board Meeting now and take control of your financial future!You’ll learn:How to structure and hold your Family Board Meeting before year-end to stay compliant and maximize tax benefitsThe 7 key reasons every business owner needs an annual Family Board Meeting — from asset protection to financial educationHow to properly document your meeting minutes so your business stays audit-proof with the IRSSmart ways to include your spouse and kids in your business legally — and teach them real-world wealth principlesWhat expenses you can write off when holding your Family Board Meeting, including travel and meeting costsHow this meeting supports your business continuity plan and legacy goals for future generationsSimple steps to get your Family Board Meeting done before December 31st — and set your business up for long-term successGet a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here’s the link - https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=buzzsprout&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp598-family-board-meeting-by-year-end 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!

Dive into smart strategies for small business owners! Learn when to switch from an LLC to an S-Corp using the $50K rule. Discover how to transfer real estate into an LLC without triggering pitfalls. Unpack the distinction between true business income and passive income like royalties. Get tips on correctly paying yourself to avoid IRS issues and explore bookkeeping secrets for tax season. Plus, maximize retirement contributions and understand self-directed IRAs. Practical insights await every entrepreneur!

Take control of your retirement with our Solo 401(k) Special, starting at $895. The offer ends on October 17, 2025! Learn more: https://kkoslawyers.com/solo-401k-special-2025/?utm_source=buzzsprout&utm_medium=description-link&utm_content=596-solo-401k-p2-maintain&utm_campaign=main-street-business-podcastAre you taking full advantage of one of the best retirement strategies available to entrepreneurs and small business owners? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen dive deep into how to set up, maintain, and maximize your Solo 401(k) — giving you the tools to make the most of this powerful retirement plan.The Solo 401(k) offers higher contribution limits, flexible investment options, and unique tax advantages that make it one of the most attractive plans for the self-employed. Mark and Mat break down everything you need to know about eligibility, plan setup, ongoing compliance, and strategies to ensure your plan is working for you. They’ll also cover common mistakes, key rules to remember, and proven ways to grow your wealth through real estate, small business investments, and alternative assets inside your Solo 401(k).Whether you’re new to retirement planning or already have a Solo 401(k) in place, this episode provides practical steps to help you stay compliant, maximize contributions, and take full advantage of the tax-saving opportunities available. By the end, you’ll understand why the Solo 401(k) is often a smarter choice than a SEP IRA or other retirement plans — and how to ensure yours is structured correctly.If you’re serious about saving taxes, building wealth, and taking control of your financial future, this is an episode you don’t want to miss!You’ll learn:How to determine if you qualify for a Solo 401(k) — even if you have part-time employees or a small side businessThe key rules for full-time and part-time employees, and how to stay compliant as your business growsSmart strategies for setting optimal salary levels for yourself and your spouse to maximize contributions and minimize taxesThe different contribution options (traditional, Roth, and employer match) and how to combine them for greater flexibilityHow to roll over or restate an existing 401(k) into a self-directed plan that lets you invest in what you know bestGet a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here’s the link - https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=buzzsprout&utm_medium=description-link&utm_content=596-solo-401k-p2-maintain 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!

Take control of your retirement with a Solo 401(k): https://kkoslawyers.com/services/solo-401k-set-up/?utm_source=buzzsprout&utm_medium=description-link&utm_content=solo-401k-p1-benefits&utm_campaign=main-street-business-podcastAre you overlooking one of the most powerful retirement strategies available to entrepreneurs and small business owners? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen take a deep dive into the Solo 401(k) — explaining exactly what it is, who qualifies, and how it can dramatically improve your retirement savings and tax strategy. If you’re self-employed, a freelancer, or running a small business, this plan could be a game-changer for your financial future.Unlike traditional retirement accounts, the Solo 401(k) comes with higher contribution limits, flexible investment options, and unique tax advantages that put you in control. Mark and Mat walk you through how the plan works, the rules you need to know, and why so many entrepreneurs are using it to invest not only in the stock market, but also in real estate, private companies, and alternative assets. They’ll also cover common misconceptions, key mistakes to avoid, and practical strategies to maximize the benefits of this plan.Whether you’re just getting started with retirement planning or looking for ways to reduce your tax burden while growing wealth, this episode breaks it all down in plain, actionable steps. By the end, you’ll understand why the Solo 401(k) stands out compared to SEP IRAs and other options — and how to know if you qualify. If you’re serious about building wealth, saving taxes, and gaining more control over your financial future, this is an episode you can’t afford to miss!You’ll learn:How a Solo 401(k) lets you save for retirement using any small business or side hustle income — even alongside a day job 401(k) or IRAThe major tax and contribution advantages that make Solo 401(k)s one of the most flexible retirement plans for entrepreneursHow to borrow from your Solo 401(k) and pay yourself back with tax-free interestWhy Solo 401(k)s offer strong asset protection and rollover options from old retirement accountsThe power of self-directing your Solo 401(k) into real estate, small businesses, and other alternative investmentsGet a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here’s the link - https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=buzzsprout&utm_medium=description&utm_content=595-solo-401k-p1-benefits&utm_campaign=main-street-business-podcast 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!

Mat sat down with Donald Miller to break down how the StoryBrand framework and airplane model can transform small business growth. In this episode of the Main Street Business Podcast, we dive into marketing, sales, and clarity in messaging so entrepreneurs can scale with confidence. 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!

Are you making money decisions that could be holding you back from real financial freedom? In this episode of the Main Street Business Podcast, Mark J. Kohler flies solo to answer your questions! In the process, he reveals the common mistakes people make with money, taxes, and investments — and how you can avoid them. He shares proven strategies to help you protect your wealth, build long-term security, and take control of your financial future.From managing taxes to creating passive income, this discussion breaks down the essential steps every entrepreneur, investor, and professional should know. Learn how to maximize deductions, grow your wealth, and safeguard your assets without falling into costly traps.If you’re serious about building wealth and creating lasting financial stability, this is an episode you can’t afford to miss!You’ll learn:How transferring a property to an LLC works, the risks of triggering the due-on-sale clause, and what to watch out for with your lenderThe difference between Schedule E and Schedule C when reporting short-term rental income — and how mixed personal use can change your tax treatmentKey rules for deducting business mileage when operating across multiple locations, and how to maximize your write-offsWhat expenses you can (and can’t) cover in a Roth IRA LLC, including laptops, mining rigs, and other gear for crypto-related activitiesWhy documenting your strategies correctly is essential to avoid IRS issues and maintain tax efficiencyPractical, real-world answers to common tax and wealth-building questions that apply to both investors and small-business ownersGet a comprehensive tax consultation with one of our Main Street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here’s the link - https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=buzzsprout&utm_medium=description&utm_campaign=msbp004-open-forum-lessons-on-wealth 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!