by Mark J. Kohler | Sep 22, 2021 | Financial Advice, Tax planning
Yes…the title of the article is true. This is not a tricky way to get in the back door and talk about protecting the rich. Please keep reading whether you are a Republican or Democrat…this does not have to be political! First, don’t listen to the media, or...
by Mark J. Kohler | Jun 10, 2021 | Business, Business Tips, Financial Advice, taxes, Uncategorized
The Charitable Remainder Trust or CRT is a very powerful tool to save taxes and protect assets. In fact, there are a number of benefits available to the average taxpayer. The CRT can be an important option for anyone selling an asset with a big gain! What is a...
by Mark J. Kohler | Jun 1, 2021 | Financial Advice, Health Care, Tax planning, taxes
Health care & insurance for entrepreneurs is one of the biggest and most powerful tax strategies available! Many entrepreneurs don’t realize it, but as small-business owners, we have more options to save on healthcare and insurance costs than any other group of...
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...
by Mark J. Kohler | Apr 29, 2021 | Education Savings, Financial Advice, mjk, Retirement planning, taxes, Uncategorized
The Coverdell ESA vs the 529 Plan, which is better? First, what I’m about to say may fly in the face of what you’ve heard from your tax professional or financial advisor: The Coverdell ESA is by far the best tool to save and build wealth for college...
by Mark J. Kohler | Apr 26, 2021 | Financial Advice, Tax planning, taxes, Uncategorized
2021 Tax Deadline Changes: get a comprehensive breakdown of deadline changes with the IRS and new PPP legislation. [Updated April 27th, 2021] Many of the tax deadlines historically on April 15th have been changed to May 17th, but it’s more than just your Form...
