How to Maintain My S-Corporation

by Mark J. Kohler | Aug 16, 2022 | Business, Business Entities, Legal Tips, Tax planning, Uncategorized

S-Corporation format can provide you with some amazing benefits, but if you don’t maintain it properly, you can have a lot of unexpected problems.  I wish that it was as easy as just filing a form with the State and you have magical tax savings and bullet-proof...

When to use an S-Corporation

by Mark J. Kohler | Aug 16, 2022 | Business Entities, Business Tips, Financial Advice, Legal Tips, taxes

An S-Corporation (S-Corp), is a common entity to save on taxes and most small business owners should be using them as their entity of choice. I consistently get asked by business owners around the country if an S-Corp is a good fit for their business. I can tell you...

How to Use a Board of Directors

by Mark J. Kohler | Aug 4, 2022 | asset protection, Business, Business Entities, Business Tips, Legal Tips, Tax planning

Setting up a Board of Advisors or Board of Directors can be one of the greatest keys to success for an entrepreneur.   Having a Board of Directors or Advisors is a ‘support team’ to give encouragement, advice, and guidance regarding your vision and goals....

How to Write-off Your Travel Expenses

by Mark J. Kohler | Aug 3, 2022 | Business, Business Entities, Business Tips, Financial Advice, Legal Tips, taxes

A tax deduction for your travel expenses is one of the most underutilized tax deductions by small business owners today! Making sure our travel has a ‘business purpose’ is critical. It’s a perfect opportunity for business owners to take a great tax...

Is the Single Member LLC a Solution for Me?

by Mark J. Kohler | Jun 21, 2022 | asset protection, Business, Business Entities, Business Tips, Legal Tips, Real Estate

The Single-Member LLC can be the perfect solution for some business owners, while for others it’s a complete waste of time and money. These special type of “SMLLC”s certainly have their place in the spectrum of business entity choices, but whether...

How Many Properties Should I Put in My LLC?

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...