by Mark J. Kohler | Apr 24, 2019 | Blog, Business Tips, Financial Advice, mjk, Real Estate, taxes
As many of you know, our law AND accounting firm recommend to ALL of our clients to purchase at least one rental property a year for tax planning and wealth building benefits. It doesn’t have to be big, but at least something. Thus, I have created these “10 Steps to...
by Mark J. Kohler | Mar 26, 2019 | Business, Business Tips, Real Estate, Tax planning, taxes
Opportunity Zones (OZ) investments were created under the recent passage of the Tax Cuts and Jobs Act, and designed to essentially help states jumpstart communities that have historically struggled economically. In theory, they have a two prong benefit; help...
by Mark J. Kohler | Mar 18, 2019 | Business Tips, Tax planning, taxes, Uncategorized
All of us want to save taxes, but at the same time stay out of trouble with the IRS. In fact, I would hope we would even have a higher standard of being honest and ethical in the manner in which we all report our income, deductions and file our tax returns. We live in...
by Mark J. Kohler | Mar 12, 2019 | Blog, Financial Advice, Legal Tips, taxes
How many of you build, track and utilize credit card points for personal benefit? It’s a great tax strategy (credit card point redemption benefits are currently tax-free), AND it’s an added bonus when you have to pay one of the most dreaded bills of the...
by Mark J. Kohler | Mar 6, 2019 | Blog, Business Tips, Financial Advice, Legal Tips, taxes
Many of us at some point in our lifetime are going to experience at least one year where we are faced with a daunting tax bill. Even the most careful and successful people can have a problem paying their taxes due to an unforeseen situation. First, don’t...
by Mark J. Kohler | Feb 27, 2019 | Business, Business Tips, Financial Advice, Real Estate, taxes
Unless you’ve been hiking through the Amazon jungle for the past year, you have most certainly heard about the Tax Cuts and Jobs Act (effective January 1, 2018). Furthermore, if you own a small business or own real estate, the topic of the 199A or 20% pass-through...
