by Mark J. Kohler | Dec 3, 2018 | Business, Business Entities, Business Tips, Tax planning
When it comes to tax strategies for entrepreneurs, I am convinced that the S-Corporation (S-Corp) is one of the most powerful long-term strategies to build upon. The tax benefits, audit protection and foundation for other tax deductions are absolutely amazing in an...
by Mark J. Kohler | Nov 20, 2018 | Business, Business Entities, Business Tips, Tax planning, taxes
From my perspective, travel is one of the most underutilized tax deductions by small-business owners today. I try to make all of my travel a business write-off by following a few simple rules. Moreover, meals and travel can be a powerful write-off during the holidays...
by Mark J. Kohler | Nov 6, 2018 | Business, Financial Advice, Legal Tips, mjk
The older I get the more I realize the sun doesn’t always shine and everyone, I mean everyone, at one point is going to face difficult financial times. It’s not if they are going to come, it’s when. Now, one of the best ways we can prepare for...
by Mark J. Kohler | Oct 9, 2018 | Business, Business Tips, Real Estate, Tax planning, taxes
Those that follow my lectures and writings know that I recommend Americans consider buying one rental property a year. It could be full or partial ownership investing with a partner. It could be a single family home, commercial property, VRBO short-term rental or even...
by Mark J. Kohler | Sep 4, 2018 | Business, Business Entities, Business Tips, Financial Advice, Legal Tips, taxes, Uncategorized
The Executive Summary is the most important section of your Business Plan. It provides a concise overview of the entire plan along with a history of your company. This section tells the reader where your company is and where you want to take it. It’s also the first...
by Mark J. Kohler | Aug 28, 2018 | asset protection, Business, Business Tips, Financial Advice, Legal Tips
Please forgive me for being so bold, but I am getting tired of people telling me “I don’t have to do annual maintenance for my LLC because it’s not required” and “My one page Articles of Organization from the State is all I need” – Wrong! There are more and more cases...
