#538 15 Strategies To Reduce Your Year-End Taxes IMMEDIATELY episode artwork

EPISODE · Oct 22, 2024 · 22 MIN

#538 15 Strategies To Reduce Your Year-End Taxes IMMEDIATELY

from Main Street Business · host Mark J Kohler and Mat Sorensen

In this episode of the Main Street Business Podcast, host Mark J. Kohler shares his more powerful and essential year-end tax tips. From managing expenses to charitable giving and real estate strategies, get actionable insights to wrap up the year right and boost your business savings.Here are some of the highlights:Mark stresses getting books in order for year-end planning.Mark lays out the best practices and strategies for paying children 18 and older in your business.Detailed considerations and options for paying a spouse in business.Importance of 1099 planning for subcontractors.Short-term, long-term, and self-rental options.An in-depth look at the 529 state deduction strategies for college savings.Mark encourages everyone to discuss strategies with expert tax advisors.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...

Episode metadata supplied by the publisher feed · Published Oct 22, 2024

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In this episode of the Main Street Business Podcast, host Mark J. Kohler shares his more powerful and essential year-end tax tips. From managing expenses to charitable giving and real estate strategies, get actionable insights to wrap up the year right and boost your business savings. Here are some of the highlights: Mark stresses getting books in order for year-end planning.Mark lays out the best practices and strategies for paying children 18 and older in your business.Detailed consideratio...

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#538 15 Strategies To Reduce Your Year-End Taxes IMMEDIATELY

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This episode was published on October 22, 2024.

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