What’s Kenner French Thinking!

What a first guest we have on our special guest Thursday!! None other than Stephen Hilgart joins us to talk about his view on how to grow a business of any kind into the next Google. Man, his ideas are mind blowing. Stephen advises and consults with Fortune 500 companies, executives, managers and sales professionals in the areas of Peak Performance, leadership, organizational behavior, psychology...

Your host, R. Kenner French, wrote an article years ago titled that well before the big AI wave. Little did he or society know that AI is basically essential to success in today's marketplace. In this episode we briefly go over the importance of using AI to keep ahead, grow, and hopefully truly prosper.

Too many times do people completely disregard taxes and simply pay the tax bill on April 15th. An entrepreneur should start planning for their cash flow, tax situation, well before Tax Day. May you be on Bainbridge Island, WA, SoCal, NYC, to Palm Beach, FL, just take at least an hour a quarter to take a look at your financial situation - well before it is too late. In this brief episode, we go ove...

It's Money Monday! We're thrilled to kick off season 3 of the Vast Voice Podcast with a premiere episode focused on financial freedom. Stay tuned as we delve into the world of wealth-building secrets! Hey, have you heard the interview with Loral Langemeier? She's known as the Millionaire Maker and is everywhere talking about how to get rich. Loral has a whole 'Millionaire Maker&#39...

Hiring your spouse to work as an employee in your business can save you big on taxes. The savings can be particularly great if you are a sole proprietor or have a single-member LLC taxed as a sole proprietorship or as a partnership (as long as your spouse is not a partner). But this arrangement can backfire if you don’t do it the right way. Here are five key things to know about employing your spo...

Roth IRAs are an excellent investment vehicle for most folks. The contributions are not tax-deductible, but your capital gains are tax-free. You can also withdraw your contributions at any point, without penalty, since you’ve already paid the taxes on that money. Those are two great advantages of Roth IRAs. Here a few more interesting tidbits you might not know about: 1.You can use a Roth IRA to b...

Here is some info that will help increase retirement savings and also decrease your tax liability!

Roth IRAs are an excellent investment vehicle for most folks. The contributions are not tax-deductible, but your capital gains are tax-free. You can also withdraw your contributions at any point, without penalty, since you’ve already paid the taxes on that money. Those are two great advantages of Roth IRAs. Here a few more interesting tidbits you might not know about: 1.You can use a Roth IRA to b...

Accounting fees Advertising Amortization Auto expenses Banking fees Board meetings Building repairs and maintenance Business travel Business association membership dues Charitable deductions made for a business purpose Children on payroll (Models?) Cleaning/janitorial services Cameras (Yes, people have them still) Collection expenses Commissions to affiliates Computers and tech supplies Consulting...

Want to do a smart thing? Max out your retirement account. Yep. It’s smart and very beneficial to strive to put the maximum amount into your retirement account(s) every year. When you do so, you can greatly reduce your taxable income and tax burden as well as boost your retirement income. Even if you find yourself behind schedule late into the calendar year, all is not lost; there are still things...

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...

If you email Deb@VastSolutionsGroup.com and are the first to do so, you will get $100 with no strings attached.  Put "Anchor Offer" in the subject line of the email.  We want to do some research on the reach of Anchor.fm.  Good luck.

It is time to strategize ways to lower tax liability and one good way is to look at the top 5 tax tips!

Years ago when I started investing in cryptocurrency I had seemingly millions of questions about it. Back then, there was nobody to turn to. It was the wild, wild west. People thought I was crazy for investing in virtual money that probably was going to go away like a ridiculous fad. Well, here we are years later and the same people who ridiculed me back then are asking me questions as they start...

In today’s world it is tougher and tougher to find money to start businesses. One way you could do so in 2022 is to use your retirement assets. Yes, you can fund a business with your IRA dough. While most people are aware of the option of using their 401(k) to purchase a home, most are not aware that the option exists to use their 401(k) to fund a business. Let’s look at how you can do that. Here...

People are just becoming acquainted with the idea of digital money in the form of cryptocurrencies like bitcoin, where transactions are recorded on a secure distributed database called a blockchain. And now along comes a new concept: the blockchain-based token, which I’ve been following as a blockchain researcher and teacher of courses about cryptocurrency and blockchain tokens. In the last 18 mon...

To answer:  Question #1: Bitcoin or Cryptos? The first question you should ask yourself is whether you want to invest in bitcoin directly or cryptos as an asset class? Did you know that there are over 2,000 cryptocurrencies besides bitcoin? Question #2: What About Inflation? When you invest in bitcoin or any other currency or commodity – including gold, oil or pork bellies – you are investing...

Liquidity of Crypto Think about it - the Bitcoin system is capped at 21 million coins. Currently, there are roughly 18 million or so Bitcoin in circulation. What does that all mean? Lots. There is a lot of speculation about what will happen to the value when the 21 million-Bitcoin limit is reached, however this won’t happen until around the year 2140. In general, the US stock market is very liquid...

Out of the Country? Pay Tax! Income Tax Requirements When Living Out of the Country Living in a foreign country holds a lot of appeal. It gives an exotic impression and seems like a never-ending vacation. But it doesn’t matter where you go, because the US government still expects you to file a tax return and pay taxes. This is true even if you become a citizen of the other country and live th...

Common (Totally Wrong) Myths About Cryptocurrencies! As with any other fringe product or service, there are many myths surrounding cryptocurrencies. Cryptocurrencies aren’t just for computer geeks and drug dealers trying to avoid the government. Relieving yourself of these myths will permit the formulation of a more accurate opinion. It’s easier to make informed decisions when your knowledge is so...

Keys and blocks Cryptography is the technique used to protect privacy of a message by transforming it into a form that can be understood only by the intended recipients. Everyone else will see it as only an unintelligible sequence of random characters. This message manipulation is enabled by a pair of keys, public and private keys: You share your public key with your friend, who uses it to transfo...

The IRS’ take on Cryptocurrency, or as the Service calls it, "Virtual Currency" is becoming more and more essential to investing and holding the  assets. Why? Virtual currency transactions are taxable by law just like transactions in any other property. Taxpayers transacting in virtual currency  may have to report those transactions on their tax returns. WHAT IS VIRTUAL CURRENCY?  Virtual currency...

Crypto is a unique currency. It’s completely virtual. Crypto is unsupported by any central bank or other authority. It’s not the official currency of any country. Yet all of these are both advantages and disadvantages. Whether or not crypto is an advantage for you is dependent on your situation. Crypto have several advantages over conventional currency: 1. Crypto can’t be physically stolen, genera...

A nonqualified deferred compensation (NQDC) plan is an elective or non-elective plan, agreement, method, or arrangement between an employer and an employee (or service recipient and service provider) to pay the employee or independent contractor compensation in the future. In comparison with qualified plans, NQDC plans do not provide employers and employees with the tax benefits associated with qu...

Cryptocurrency (now termed “Crypto”) is a digital monetary system. Instead of “dollars,” the unit of currency is referred to as a “Bitcoin.” Like traditional money, cryptos can be used to store and transfer value among other crypto users within the crypto community. Bitcoin is considered a cryptocurrency. The currency utilizes blockchain technology and cryptography for management and creation of t...