Main Street Business
Brought to you by, 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 En...
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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 En...
...see more
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Recent Episodes of Main Street Business
#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...Episode • 23 July 2024 • 43m and 45s
#513 The Smartest Route To Beating Inflation
Join Mark J. Kohler and Mat Sorensen in their newest Main Street Business Podcast episode as they tackle the pressing issue of inflation and how it’s reshaping daily life for Americans. From taking on side gigs to mastering budgeting hacks and debt management strategies, they’ve got you covered during these difficult times.
Here are some highlights:
Mark and Mat discuss and break down the impact of inflation on average Americans.Mark and Mat map out strategies to combat rising costs.Emphasize the benefits of side hustles to increase income.Solutions like house hacking to redu...Episode • 16 July 2024 • 31m and 40s
#512 The Truth About S-Corps: How To ACTUALLY Pay Yourself
In this episode of the Main Street Business Podcast, host Mark J Kohler tells you all you need to know about S Corporations. Learn how to effectively balance your payroll with profit, understand the fundamentals of business structures, and discover tips to optimize your tax benefits.
Here are some highlights:
Mark points out the confusion around determining the right payroll amount.Introduction to the Kohler Payroll Matrix as a solution.Mark breaks down the trifecta: revocable living trust, operations, and assets.Details on how LLCs and S corporations fit into the trifecta.Importance of taking a...Episode • 9 July 2024 • 11m and 14s
#511 They're LYING To You... You NEED An S-Corp (Here's How)
In this episode of the Main Street Business Podcast, host Mark J Kohler presents simplified tax strategies for business owners beginning their journey. Learn essential tips to safeguard your assets, reduce your taxes, and confidently control your financial path.
Here's what you can look forward to:
Mark introduces and breaks down the Trifecta concept for tax savings and asset protection.How the Trifecta design can be used as a tool for visualizing and achieving financial goals.Importance of separating business and personal assets for protection.Explanation of the benefits of setting up an S Corporation.Encouragement...Episode • 8 July 2024 • 14m and 31s
#510 Listen to this Before Putting Your Spouse on Payroll
In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen unpack the advantages and disadvantages of putting your spouse on the payroll. They shed light on potential pitfalls, discuss savvy alternatives such as board roles and Roth IRAs, and highlight the benefits of Solo 401k contributions and HRAs.
Here's what you can look forward to:
Mark and Mat break down the common misconceptions about paying spouses.Additional payroll costs including FICA, Medicare, and unemployment taxes.The benefits of using board of directors/advisors roles for spouses.Outline of the advantages...Episode • 2 July 2024 • 25m and 9s
#509 Build A Passive Income Empire With Rental Properties (Here's How)
In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen unpack the secrets of building long-term wealth through rental real estate. Join them as they delve into real estate deal analysis, key performance indicators, cash flow, ROI, and other valuable insights.
Here are some of the highlights:
Mark and Mat provide real-world examples taken from experience with 20,000 consults and various client scenarios.Mark and Mat discuss the importance of adding assets for small business owners and W-2 employees.How to properly analyze and determine which rental property to buyReminder to...Episode • 25 June 2024 • 36m and 53s
#508 Accountant Q&A: Tax Advice The IRS Wants You Ignore
Join hosts Mark J. Kohler and Mat Sorensen on the Main Street Business Podcast as they delve into the topics that matter most to you. From strategies to minimize estate taxes to the complexities of cryptocurrency and S-Corp ownership, there’s no stone left unturned. Plus, get the inside scoop on the Main Street Tax Pro Certification and its many benefits.
Here are some of the highlights:
Mark and Mat begin with an in-depth discussion on reducing tax on large inheritance from overseas investments.Process of changing ownership of an S Corp and its tax implications.Exp...Episode • 17 June 2024 • 41m and 18s
#507 Stop Choosing to be Broke with Jarom Bergeson
Could you imagine erasing $221,000 of debt in just 31 months? Join us in a special episode of the Main Street Business Podcast as Mat sit's down with Jarom Bergeson, a partner at KKOS Lawyers and author of "Stop Choosing to be Broke: A User's Guide to Money." Jarom's remarkable story of financial transformation—from drowning in debt to achieving financial stability—is nothing short of inspiring. Despite having a lucrative career as a lawyer, Jarom had to confront the harsh reality that smart financial decisions were essential to his journey.
Get Jaroms Book Here!
https://www.amazon.com...
Episode • 13 June 2024 • 1h, 2m and 32s
#506 A Beginners Guide For Business Owners To BEAT The IRS
In this episode of the Main Street Business Podcast, host Mark J. Kohler presents simplified tax strategies for business owners beginning their journey. Learn essential tips to safeguard your assets, reduce your taxes, and confidently control your financial path.
Here's what you can look forward to:
Mark introduces and breaks down the Trifecta concept for tax savings and asset protection.How the Trifecta design can be used as a tool for visualizing and achieving financial goals.Importance of separating business and personal assets for protection.Explanation of the benefits of setting up an S Corporation.Encouragement...Episode • 11 June 2024 • 18m and 55s
#505 Why The Rich Put EVERYTHING In Their Living Trust
Get your Estate Plan for up to $250 OFF during our Estate Plan Special: https://kkoslawyers.com/estate-planning-special-2024/
In this episode of the Main Street Business Podcast, hosts Mark J. Kohler and Mat Sorensen present the 4 key benefits of a living trust, no matter your age or wealth status, and how it can secure your family’s financial future after you’re gone.
Here are some of the highlights:
Mark and Mat give a thorough explanation of what a living trust is and its role in estate planning.Discussion on how a living trust avoids court...Episode • 4 June 2024 • 22m and 55s
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