What’s Kenner French Thinking!

Join us a R. Kenner French shows the audience exactly how a Podcast episode is published on the VastSolutionsGroup.com website.

You asked for a 2023 quick reference guide to retirement planning for the small business owner — so here you go. Some plan options for small entities and the self-employed include SEP-IRAs, SIMPLE IRA plans, SIMPLE 401(k) plans, and individual 401(k) plans. Each plan has specific features, requirements, and contribution limits that should be considered when choosing the right plan for your busines...

Keith Andrews, a commercial real estate expert. Keith shares his background and experience in the industry and discusses the benefits of joining EXP Commercial. He also provides insights on transitioning from residential to commercial real estate and the earning potential in the commercial sector. Keith emphasizes the importance of building relationships and offers advice on sales strategies. He i...

AI is changing everything and it's essential for businesses to implement AI to stay competitive. Vast Solutions Group specializes in helping businesses implement AI. They offer tools and services to automate processes, onboard clients, and provide value to customers. AI can automate social media, automate client onboarding, and provide automated responses to customer inquiries. It's import...

Entrepreneurs often miss deductions which means they are leaving money on the table. What is the number one missed deduction? Hmm, read on… One of the most commonly missed deductions for entrepreneurs is the home office deduction. This deduction allows business owners who work from home to claim a portion of their home expenses, such as mortgage interest, property taxes, and utilities, as business...

Kenner and Lily introduce themselves as co-hosts of the podcast 'The Vast Voice: Telling Business Secrets to Entrepreneurs.' They discuss the benefits of podcasting for entrepreneurs and the importance of choosing a co-host who can connect with the audience. They also talk about the logistics of podcasting, including the technology and platforms they use. Kenner shares his experience of ho...

You may choose any recordkeeping system suited to your business that clearly shows your income and expenses but, yes, YOU NEED TO KEEP RECORDS, per the IRS. The business you are in affects the type of records you need to keep for federal tax purposes. Your recordkeeping system should include a summary of your business transactions. This summary is ordinarily made in your business books (for exampl...

This conversation is an introduction to captive insurance, a strategy that can help business owners lower their tax liability and mitigate risk. R. Kenner French, explains that a captive insurance company is a privately owned property and casualty insurance company that allows business owners to customize their own coverage. By setting up a captive, business owners can write a check to their own i...

In this episode of the Vast Voice, we sit down with Matthew Coates, an industry leader, to explore three key areas for thriving in today's world. We delve into the rise of Artificial Intelligence (AI) and its impact on the field of architecture, design and investing. Matthew offers insights on how architects and real estate investors can leverage this technology to enhance their work. Next, he...

Kenner, discusses who controls the Artificial Intelligence (AI) market. He claims that Microsoft and Google are the dominant forces, with everyone else being minor players. Microsoft's investment in OpenAI and Google's TensorFlow are given as examples. Kenner then dives into who might control AI in the future. While open source AI offers possibilities, its lack of regulation is concerning....

This episode features an interview with Nancy Steidl, an international business consultant and intellectual property law specialist based in the UK. Nancy shares her wealth of experience and expertise on starting and operating a successful business. She emphasizes the critical importance of having a solid business plan before launching, understanding the legal structures and regulations in your ar...

Ever dreamt of owning a towering skyscraper or a sprawling shopping mall, but the price tag left you speechless? In this episode of Vast Voice, we bring you a titan of the industry, Mr. Irwin Boris, a renowned New York City commercial property financier. Get ready to unlock the secrets to securing funding for those colossal commercial real estate deals. Mr. Boris will pull back the curtain and sha...

Yes, it is true, you can lower tax liability with artificial intelligence. Few people realize that there are applications and services out there that utilize sophisticated technology to lower tax liability, while also increasing retirement savings for individuals and entrepreneurs alike.

Maximizing Business Deductions: The Key to Financial Efficiency For any business owner, navigating the labyrinth of tax laws and deductions is not just a matter of compliance but a strategic necessity. By ensuring you take advantage of all available deductions, you can significantly reduce your taxable income, thereby minimizing your tax liability. This approach is not about evasion but about smar...

In this conversation, Kenner and Lily discuss the pros and cons of working with your spouse in a business. Kenner shares that working with his wife has been awesome and they have a good work-life balance. Lily, on the other hand, advises against it but acknowledges that there are some pros. They suggest starting with small projects to test the waters and setting strict boundaries to separate work...

Is bookkeeping important for the IRS? Ask the auditor when he or she knocks on your door. Yes. Why should I keep records? Good records will help you monitor the progress of your business, prepare your financial statements, identify sources of income, keep track of deductible expenses, keep track of your basis in property, prepare your tax returns, and support items reported on your tax returns. Wh...

Are you an entrepreneur and ever had a dream of starting your own podcast but felt overwhelmed by where to begin? Look no further! In this episode of Vast Voice, we welcome Renae Lipsmeyer, a podcasting powerhouse who built a massive following from scratch. If you are a real estate investor with coaching clients, tax professional, or in other industry and even thinking about hosting a podcast you...

The worlds of finance and technology are on a collision course, and in this episode of the Vast Voice, we buckle up for the ride! We explore the fascinating intersection of Artificial Intelligence (AI), cryptocurrency, and taxation, and how these forces will revolutionize the way we manage money. Imagine AI-powered tax software that anticipates your filing needs, automatically optimizes deductions...

While tax laws are intricate and vary based on individual circumstances, there are relatively simple strategies entrepreneurs should use to reduce tax liability. This episode should help a ton.

You can sum up the appeal of a Roth IRA in three words: federal tax benefit. Add on top of that the new potential of huge earnings in cryptocurrency and you have a powerful combination. Earnings in a Roth IRA grow tax free as long as the owner abides by the Internal Revenue Service (I.R.S.) rules, and withdrawals are federally tax free once you reach age 59½ and have held the Roth IRA for at least...

JD Gibson, the author of the popular business tomb, "The Middle Class Mindset Escape Plan," that has helped people move from W2 to entrepreneur in a matter of months joins the Vast Voice. The Texan talks about what elevated him from being "just a doc(tor)" to becoming such a big businessman - he now owns one of the most beautiful estates in Texas. Gibson goes over some of his i...

If you are not using technology, specifically AI, to lower your tax liability, something is wrong. Technology is now more readily available, even at relatively low prices than ever. Therefore, you should be using it to lower your tax liability, save you time, therefore making it so you can spend more time doing the things you enjoy maybe even spending time with your family. By implementing AI tech...

In this episode of Tax Tuesday, Kenner and Lili go over a very brief and SMART idea to tax mitigation. Listen up to see what it is. It is something ALL and EVERY entrepreneur should live by. Wait, in fact, all tax payers to a certain extent should abide by the suggestions that Kenner and Lili cite.

For many people, retirement income may come from a variety of sources but before that many people may need familiarizing as to where they are.

Though so many people are seemingly "sitting on the sidelines," right now is the time to be actively investing in real estate. Do not be one of the those people who buys at the top of the market because of a craze buy when things are at the bottom and people are fleeing. Be a contrarian. You will be glad you did. Plus, in the this episode we go over some of the future episodes where awes...