by Mark J. Kohler | May 30, 2018 | Legal Tips, Uncategorized
A self-directed IRA (traditional or Roth), is a retirement account YOU control. That’s right, you get to decide what you invest in…NOT just stocks, bonds, mutual funds, annuities, or whatever your brokerage account is selling that month. Now your broker may tell you...
by Mark J. Kohler | Apr 25, 2018 | Estate Planning, Financial Advice, Legal Tips, Uncategorized
Nobody wants to think about dying, but being prepared for a disaster is important in every instance, and dying with your assets disorganized could be just that: a disaster. Millions of Americans die each year without any type of estate plan in place, and this forces...
by Mark J. Kohler | Apr 24, 2018 | Blog, Financial Advice, Tax planning, taxes, Uncategorized
It’s estimated that there are over 78 million dog owners in the U.S. and over 85 million people that think they own a cat. That’s A LOT of pets and they aren’t cheap either. The pet industry spends now over $67 billion in the U.S. (Source American Pet...
by Mark J. Kohler | Mar 28, 2018 | Business, Business Tips, Financial Advice, Tax planning, taxes, Uncategorized
Well, things have changed in 2018 when it comes to writing off meals and food expenses in your small business…and frankly, that’s for any size business. Large or small, business owners have to reevaluate their budget for the food they were able to deduct...
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 | Oct 2, 2017 | Blog, Business Tips, Financial Advice, Newsletters, taxes, Uncategorized
This may seem bold to hear from your CPA. I’m not a realtor selling your real estate, but as a tax lawyer, I am actually trying to help you save taxes and build wealth at the same time. I consistently repeat and encourage my clients and students everywhere I go...
