

Main Street Business
Mark J Kohler and Mat Sorensen
The Main Street Business Podcast hosted by Mark J. Kohler with co-host Mat Sorensen discuss complex tax and legal topics like LLCs, corporations, estate planning, raising capital, and retirement planning in an engaging and charismatic way, making it easy for anyone to understand.Mark J. Kohler has done over +10,000 consultations with clients, is a Senior Partner at KKOS Lawyers and CFO/Board Member of Directed IRA Trust Company with $2B+ in managed assets. He’s a best-selling author of six books, national speaker and founder of the Main Street Certified Tax Advisor Program, a program training thousands of CPAs and Enrolled Agents on proven strategies, effectively changing the lives of millions of small business owners in America.
Episodes
Mentioned books

Aug 28, 2024 • 49min
#523 Mastering the Real Estate Market in 2024 with Robert Helms
Understanding Real Estate investing and the market in 2024 Join us with Robert Helms from The Real Estate Guys Radio Show as we discuss how rising interest rates impact the market and why a long-term perspective is key. Robert shares strategies for targeting the right markets and building a strong team. Plus, hear about Robert's 18-year-old son Ethan’s first investment in Memphis, highlighting the power of strategic saving and market knowledge. To get in contact with Robert and his team:Website and Podcast - https://realestateguysradio.com/Contacts - midsouth@realestateguysradio.comsihomes@realestateguysradio.compip@realestateguysradio.comRobert is speaking at the 2024 Alternative Asset Summit Hosted by Mat Sorensen - By your Tickets Here! https://altassetsummit.com/ Grab my FREE Ultimate Tax Strategy Guide HERE! You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: 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!

Aug 27, 2024 • 38min
#522 The Secrets To Scaling Your Business
Join Mark J. Kohler and Mat Sorensen in this episode of the Main Street Business Podcast as they guide you through effective business scaling techniques. Learn about the strategic hiring of an executive assistant, the importance of establishing SOPs, how to manage onboarding and compliance to safeguard your expansion.Here are some of the highlights:Mark and Mat break down the significance of hiring an executive assistant first and foremost.Interviewing at least three candidates before making a decision.Be clear about expectations and work schedule right from the start.Using a payroll service like ADP for tax and legal compliance.How to calculate the potential increase in revenue from freed-up timeSpending time training and introducing the employee to the business.Documenting standard operating procedures (SOPs) for each task.Always be prepared to cut ties if the employee isn't working out within 90 days. Grab my FREE Ultimate Tax Strategy Guide HERE! You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: 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!

Aug 20, 2024 • 35min
#521 4 Contracts All Business Owners NEED To Know...
Join hosts Mark J. Kohler and Mat Sorensen in this latest episode of the Main Street Business podcast as they dive into the critical contracts every business owner should understand. They examine various lease types, discuss the complexities of partnership agreements, and outline the key components of effective employment and service contracts to help listeners navigate their business relationships with confidence.Here are some of the highlights:Mark and Mat introduce four essential contracts for small business owners and investors.Explain different types of commercial leases (triple net, gross lease).Mark and Mat emphasize the importance of clarity and thoroughness to prevent disputes and enhance business relationships.Share a real-world example of a landlord losing money due to misunderstanding lease terms.Discuss employment agreements and independent contractor agreements.Stress the need for clear terms on responsibilities and dispute resolution.Highlight common issues in partnerships, such as funding and decision-making.Provide tips on approaching lawyers for contract review and drafting Grab my FREE Ultimate Tax Strategy Guide HERE! You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: 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!

Aug 16, 2024 • 1h 24min
#520 83 Minutes Of Tax Advice That Will Save You Thousands
Discover the top five strategies to transform your financial mindset. Learn about the complex taxation rules for cryptocurrency and how to optimize side hustles for wealth creation. Delve into the benefits of the Mega Backdoor Roth strategy and self-directed IRAs for retirement. Explore key tax-saving insights on real estate investments and the significance of structured business plans. Tune in for essential advice to maximize your tax savings and build a brighter financial future!

Aug 13, 2024 • 18min
#519 How The Rich Make Their Assets Invisible
Join Mark J. Kohler in this latest episode of the Main Street Business Podcast as he explores the fundamentals of asset protection and privacy. Learn about the essential structures, from LLCs to the advanced "Trifecta Strategy," and how regular reviews and professional advice can boost your financial security.Here are some of the highlights:Mark emphasizes how asset protection is about implementing strategies to protect financial assets.Create entities without personal name/address, use mail forwarding services.Measures to level up security/privacy, such as video inventory of belongings, shredding documents, and fireproof safes.Asset protection and privacy has 3 different levels based on asset amount and risk.Mark maps out the Trifecta and how it can be used to enhance asset protection, tax strategies, and estate planning.Why asset protection and privacy are essential for wealth building and security.Importance of regular maintenance and updates. Grab my FREE Ultimate Tax Strategy Guide HERE! You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: 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!

4 snips
Aug 9, 2024 • 30min
#518 3 Simple Crypto Tax Hacks The IRS Want You To Ignore
Join the hosts as they unravel the intricacies of cryptocurrency tax strategies. Discover how Charitable Remainder Trusts can reduce capital gains taxes while boosting cash flow. Learn the benefits of using Roth IRAs for tax-free trading and maximizing your crypto investments. They also discuss the massive trading volume in Bitcoin, highlighting the importance of reporting all transactions to the IRS. Get ready to implement these insider tactics and potentially save big on your cryptocurrency taxes!

Aug 8, 2024 • 17min
#517 How The Rich Use S-CORPS To Explode Their Wealth
In this episode of the Main Street Business podcast, host Mark J. Kohler guides you through the strategic advantages of S corporations. Find out how to leverage them for maximum tax savings, secure your retirement, and maintain pristine corporate records, ensuring your business thrives for years to come.Here are some of the highlights:Mark begins by mapping out the 'trifecta' model: operations, assets, and trust/1040 tax returnExplains how S Corporation allow for splitting income into salary and pass-throughHow this strategy works well for various professionals making $50,000 or moreImportance of diversifying wealth building between business operations and retirement account via Solo 401kHow a Board of Advisors generates more legitimate write-offs for the S corporationS corporations have 1500% less chance of audit compared to LLCsHow to take advantage of tax deductions on travel, meals, and equipment for board members Grab my FREE Ultimate Tax Strategy Guide HERE! You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: 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!

Aug 2, 2024 • 41min
#516 Tax Lawyer Q&A: Strategies To Save You THOUSANDS In Taxes
Ashley Burr, an expert in optimizing business structures and tax benefits, shares essential insights on minimizing tax burdens. She discusses the advantages of converting 401Ks to Roth IRAs and emphasizes choosing the right business structure, especially for spouses. The conversation dives into leveraging Health Savings Accounts, tax strategies for real estate professionals, and maintaining a corporate veil. Listeners will find value in tips regarding S Corporations and effective asset protection, making tax savings more accessible.

Jul 30, 2024 • 18min
#515 The Trifecta System: How The Rich Avoid Taxes
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 FREE Ultimate Tax Strategy Guide HERE! You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: 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!

Jul 23, 2024 • 44min
#514 The 3 Ways The Rich Raise Money To DOMINATE Business
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 mannerMark and Mat discourage blending methods to prevent legal issuesStress the importance of proper documentation for legal protectionSignificance of transparency and proper use of raised fundsImportance of staying in the chosen "lane" (lender, partner, or investor)Caution against relying solely on influencer-provided documents or methodsEnsure proper recording and execution of all legal documents related to raising capital Grab my FREE Ultimate Tax Strategy Guide HERE! You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: 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!