#508 Accountant Q&A: Tax Advice The IRS Wants You Ignore

Join hosts Mark J. Kohler and Mat Sorensen on the Main Street Business Podcast as they delve into the topics that matter most to you. From strategies to minimize estate taxes to the complexities of cryptocurrency and S-Corp ownership, there’s no stone left unturned. Plus, get the inside scoop on the Main Street Tax Pro Certification and its many benefits. Here are some of the highlights:Mark and Mat begin with an in-depth discussion on reducing tax on large inheritance from overseas investments.Process of changing ownership of an S Corp and its tax implications.Explanation of the backdoor Roth IRA process and common mistakes.Importance of specifying access mechanisms for off-exchange crypto assets.Mark and Mat unpack the various benefits of the Main Street Tax Pro Certification for strategic tax planning.Impact of cost segregation studies on active income and real estate professional status.Ways to reduce capital gains tax on the sale of a home.Ready to Take the Next Step?Work With Mat & Mark’s Law FirmGet strategic legal guidance for your business, taxes, asset protection, and estate planning with KKOS Lawyers.[Book a Call with KKOS Lawyers]Take Control of Your RetirementWant to invest your IRA or 401(k) in assets you actually understand? Check out our self-directed trust company Directed IRA.[Learn More About Directed IRA]Free ResourcesMat Sorensen’s Optimal Order of Investing GuideLearn how to prioritize where your money should go and build a smarter investing strategy.[Download the Free Guide]Mark J. Kohler’s 30-Point Tax GuideDiscover practical tax strategies and planning opportunities every business owner and investor should know.[Download the Free Guide]Get More From Mat & MarkWatch on YouTubeTax strategies, business planning, investing, asset protection, and more.[Visit the YouTube Channel...