by Mark J. Kohler | Aug 14, 2018 | Business Tips, Financial Advice, Tax planning
First and foremost, remember the auto deduction isn’t travel, but expenses for your car, truck or SUV. Also, remember this includes ALL your vehicles as long as they have some sort of business use, i.e. an RV, van, delivery truck or motorcycle used in your business...
by Mark J. Kohler | Aug 6, 2018 | Business, Financial Advice, taxes
The Home Office Deduction is still alive and well…don’t let any accountant tell you otherwise. There are several strategies on how to maximize the Home Office Deduction. It is NOT high risk and every good business owners should take advantage of a home...
by Mark J. Kohler | Jul 30, 2018 | Business, Business Entities, Business Tips, Financial Advice, Legal Tips, taxes
In my opinion, travel is one of the most underutilized tax deductions by small business owners today!! Making sure our travel has a ‘business purpose’ is critical and a perfect opportunity for business owners for a great tax write-off. In fact, even...
by Mark J. Kohler | Jul 24, 2018 | asset protection, Business, Business Entities, Business Tips, Real Estate
What in the world is a Registered Agent? When you first hear this term, if you are like me, your mind goes straight to Ethan Hunt, Jason Bourne, or the ever famous Bond, James Bond. Sadly, I have the cruel task of explaining to clients that, while creating a new...
by Mark J. Kohler | Jul 16, 2018 | Business Entities, Business Tips, Financial Advice, Retirement planning, Tax planning
For those that are married, this is a very important question and something we often analyze for clients in our office. In fact, many clients rush to put their spouse on payroll, but for the wrong reasons and it could actually be a costly mistake. Essentially, there...
by Mark J. Kohler | Jul 9, 2018 | Estate Planning, Financial Advice, Legal Tips
It’s hard enough to deal with the emotional grief when a loved one passes, however the “paperwork” and “red tape” can make a tough situation even worse. But frankly, it doesn’t stop there either does it? If you’re your lucky, your loved one left a detailed Will or...
by Mark J. Kohler | Jul 3, 2018 | Business, Health Care, Tax planning
As small business owners, we have more options than any other group of Americans to save on health care costs. We ALSO have to keep up with the changes. Every year, another aspect of ‘ObamaCare’ changes or ‘TrumpCare’ changes the rules and...
by Mark J. Kohler | Jun 25, 2018 | Business, Business Tips, Tax planning, taxes
On Thursday, June 21st, 2018 the rules changed for online sellers and the collection of sales tax. As if we weren’t already still reeling from the largest tax law change in over 30 years, aka the Tax Cuts and Jobs Act…the Supreme Court joined the party. By...
by Mark J. Kohler | Jun 19, 2018 | Business, Business Entities, Business Tips, Financial Advice, Legal Tips
If you are looking to raise capital, finding an “Accredited Investor”, or even being able to explain the rules to a possible investor, can seem as impossible as catching a glimpse of a Snow Leopard. Yes, it can be difficult to find investors for your project, and it...
by Mark J. Kohler | Jun 4, 2018 | Business, Business Entities, Charity, Tax planning
I think most people dream of doing more charitable work and giving to others. It’s an amazing feeling to lift and bless another. For some, just donating some time and giving what they can financially is all they can do, and there is certainly nothing wrong with...
