Main Street Business

In this episode of the Main Street Business Podcast , hosts Mark J Kohler and Mat Sorensen unpack the defamation case between Grant Cardone and John Legere. They delve into the implications of this case, exploring how it affects the way we communicate online and protect our reputation. Here's what you can anticipate: A breakdown of the case, highlighting the key statements made by John Legere...

In this episode of the Main Street Business Podcast , hosts Mark J Kohler and Mat Sorensen delve into 3 potential legal liabilities for individuals and small business owners. They offer valuable insights into the process of reducing liability through effective planning and documentation. Here's what you can anticipate: A discussion on the three most common ways you might get sued in America:...

In this episode of the Main Street Business Podcast , hosts Mark J Kohler and Mat Sorensen provide an in-depth discussion on the importance of effective tax planning for individuals with a side hustle or small business. They offer valuable insights into the process of reducing tax liabilities by taking legitimate expenses offered by the IRS. Here's what you can look forward to: How to effecti...

In this episode of the Main Street Business Podcast , hosts Mark J Kohler and Mat Sorensen delve into various tax strategies for W-2 earners and discuss how to effectively minimize your tax liabilities. They explore the benefits of different deductions, tax credits, and alternative investment strategies, emphasizing the importance of smart tax planning. Here's what you can look forward to: A...

In this episode of the Main Street Business Podcast , hosts Mark J Kohler and Mat Sorensen unpack the complexities of business structures and their tax implications. They delve into a variety of topics, including the advantages of transitioning a side hustle to an S Corp, the intricacies of tax management for partnerships and LLCs, and the strategic use of different entities for business owners an...

In this episode of the Main Street Business Podcast , hosts Mark J Kohler and Mat Sorensen address a variety of questions from their listeners. The topics range from the tax implications of self-rental and equity grants for startups, to the benefits of converting a side hustle to an S Corp, and the complexities of managing taxes for partnerships and LLCs. Here's what you can anticipate: Detai...

In this episode of the Main Street Business Podcast , hosts Mark J Kohler and Mat Sorensen talk about the ins and outs of auto tax deductions for small business owners. They discuss the various write-offs, including mileage and actual expenses, tax incentives for electric vehicles, and the importance of year-end planning. Here's what you can expect: An in-depth discussion on how to get the mo...

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen dive into the best tax-free vehicle to grow wealth - the Roth account. They discuss the significant benefits of Roth accounts, the power of time value of money, and the importance of planning and executing strategies before the year ends. Here's what you can expect: An explanation of how to use the best...

In this episode of the Main Street Business Podcast, hosts Mark J Kohler and Mat Sorensen give their 25-year-end tips for saving BIG on taxes. Mark and Mat reveal the complex realm of legal entities, discuss the imminent changes brought about by the Corporate Transparency Act, and much more! Here's what you can expect: The common missteps when setting up a multitude of legal entities such as...

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Jody Moore, a successful life coach, author, and podcast host. This insightful conversation focuses on the intersection of mindset, emotions, and business success. Here's what you can look forward to in this episode: Jody shares her journey from a corporate background to becoming a highly sought-after life coach, impa...

Business owners are constantly oversold legal strategies they don't need, even if it's working for others. Always take the time to understand your needs! Legal strategies should be tailored to your specific situation. Otherwise, you end up paying more in fees, maintenance costs, and unnecessary complexity. Don’t be persuaded by fear or the fact that everyone else is doing it. For an affo...

In this episode of the Main Street Business Podcast, Mark J Kohler welcomes Gino Barbaro, a successful multifamily real estate investor and co-founder of Jake & Gino . In this conversation, the duo dives into multifamily real estate investments, with a particular focus on apartment complexes. Here's what you can look forward to in this episode: Gino shares his unique journey from running...

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...

Hit your settings and auto-download our podcast! 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 pro...

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 busine...

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...

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-build...

Hit your settings and auto download our podcast! 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...

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 entreprene...

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...

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:...

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...

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen provide a comprehensive guide on how to deal with the Internal Revenue Service (IRS) when you owe them money! Understanding the importance of communicating with the IRS and making a plan to address tax debt. Resolving tax debt options, such as short-term and long-term payment arrangements. The process and pot...

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen take questions submitted by listeners! If you want to submit a question for our once-a-month open forum show, visit: https://podcast.mainstreetbusiness.com/submit-a-question/ For more game-changing financial strategies, be sure to like and subscribe to the podcast, and sign up for our weekly newsletter to get...

In this episode of the Main Street Business podcast, hosts Mark J Kohler and Mat Sorensen delve deep into the tax benefits available through short-term rental properties. They explain how real estate professionals can offset their losses on rentals against their other income sources, thus introducing the concept of a short-term rental loophole.  Understanding the potential tax benefits of utilizin...