by Mark J. Kohler | Jun 4, 2018 | Blog, Business, Business Tips, Financial Advice, mjk
Natural disasters are all around us. It is absolutely astonishing how the weather patterns are changing and the impact they are having with unexpected impact all around us. Every day we turn on the news its earthquakes, fires, floods, tornadoes, and now even a...
by Mark J. Kohler | May 9, 2018 | Blog, Legal Tips, mjk, Tax planning, taxes
Being audited is one of the most stressful and dreaded experiences a taxpayer can go through. It’s a wonderful blessing to live in America, and paying taxes comes with that privilege, but enforcement is a reality. Sometimes our actions will increase our chances...
by Mark J. Kohler | Mar 12, 2018 | Financial Advice, mjk, taxes, Uncategorized
Ok…so the real name of an IRA that can be used for education expenses is called a Coverdell Education Savings Account (Coverdell ESA). However, for simplicity sake, we in the accounting world generally refer to these powerful little gems as the “Education...
by Mark J. Kohler | May 2, 2016 | asset protection, Blog, Business, Business Tips, Financial Advice, Legal Tips, mjk
In Part I of this series I discussed the liability created by our business operations and our effort to protect our personal assets. I refer to this as Inside Liability- the exposure created inside our business. Now I want to discuss the liability created by our...
by Mark J. Kohler | Feb 15, 2016 | Blog, Financial Advice, mjk, taxes
I just met with a client today that was scared to even claim their small business income and expenses. They actually had a ‘loss’ and increased their tax refund from last year by almost $2,500. But the fear of an audit brought them to meet with me. I...
by Mark J. Kohler | Jan 25, 2016 | Blog, Business, Business Tips, Financial Advice, mjk, Newsletters, taxes, Uncategorized
I realize this may sound cliché or even crazy, but the FIRST Step I have learned over my 14 years as an Attorney and CPA, is that if someone REALLY wants to build wealth and save taxes, they need to Start a Small Home Based Business. Please hear me out for those of...
