by Mark J. Kohler | Apr 7, 2022 | asset protection, Blog, Business, Business Entities, Real Estate
The majority of real estate investors do not need an LLC for every rental property…and yes, that sounds simple on the face of it, but it can certainly get tricky in practice. Regrettably, a lot of workshop gurus and ‘coaches’ however, (working out of...
by Mark J. Kohler | Mar 22, 2022 | Blog, Business Tips, Financial Advice, Legal Tips, taxes
This year Tax Day is April 18th. Because of the day of the week, April 15th is NOT the due day this year. Although you have an extra weekend to deal with your taxes, it still may be a good idea to consider an extension AND maybe make a payment if necessary. Bottom...
by Mark J. Kohler | Mar 13, 2022 | Blog, Financial Advice, mjk, taxes
If you had a side hustle, or any size of small business in 2021, the last thing you want to do is leave any possible tax deductions on the table. It’s never to late to comb through your credit card statements, bank statements, even Venmo or Paypal to look for...
by Mark J. Kohler | Feb 9, 2022 | Blog, Business, Financial Advice, Legal Tips, taxes
1099 Rules For Business Owners in 2022 (updated 2/9/2022) Over the past few years, there have been a number of changes and updates regarding the reporting rules for the mysterious 1099 Forms. I say “mysterious” because many business owners simply guess as to what the...
by Mark J. Kohler | Aug 22, 2021 | Blog, Business, Business Tips, Legal Tips, taxes
You may have thought the only time you may need to worry about the so-called “Nanny Tax” is if you decide to run for public office and facing a pesky reporter at a political rally. However, it’s a concern everyone needs to take seriously. If you have any...
by Mark J. Kohler | May 6, 2021 | Blog, Business Tips, Financial Advice, Health Care, taxes
If you had a qualifying high deductible health insurance plan in 2020, you still have time to open AND fund a Health Savings Account (“HSA”) before the May 17th deadline. Thanks to recent Covid relief legislation, taxpayers have one last chance to still...