10 Years of No BS Tax Advice in 7 Minutes
🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/bookingpage 🔥 Join my new FREE Actual Tax Law Community for Free Workshops, Q&A’s and Tax Resources: https://actualtaxlaw.com/ 🔥 Follow Jasmine on Instagram for daily content: https://www.instagram.com/taxleveragejd/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ABOUT JASMINE DILUCCI, JD, CPA, EA Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS. Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution How Jasmine Got Here… 18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS. 22: Earned an Accounting Degree and a Master’s in Finance. 23: Became a CPA 24: Stepped into leadership as she took over her own CPA firm 26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm. 28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm. 29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client. 32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge. Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice. # # #jasminedilucci source
Build a Retirement Account as a Business Owner
Your company can design a retirement account for YOU—the owner and employee. Here’s how it works: ✅ A custom 401(k) designed by a real attorney for your situation (solo, spouse, or kids on payroll). ✅ Combine payroll planning with a 401(k) → unlock huge tax deductions. ✅ Pair it with your S Corp and you get the magic: • FICA savings • Retirement wealth building • Tax-free growth that snowballs year after year 🚀 This is the sweet spot for business owners—true synergy that accelerates wealth. 👉 Subscribe for weekly tax-saving strategies: https://markjkohler.com/youtube source
Standard Deduction or Simplified Method? How to Write Off a Home Office
Did you know your home office can unlock BIGGER write-offs? Here’s how it works: • Traditional Method: Calculate % of your home used for business, then deduct that portion of utilities, property taxes, mortgage interest, etc. (complicated worksheets). • Simplified Method: Write off $5 per sq. ft. up to 300 sq. ft. = up to $1,500 deduction. It may not sound huge, but here’s the kicker → it unlocks the auto deduction and other write-offs that can save you thousands. 👉 Get smart with your deductions—every dollar counts. Subscribe for weekly tax-saving strategies: https://markjkohler.com/youtube source
Can You Deduct a Lamborghini?
🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/bookingpage 🔥 Join my new FREE Actual Tax Law Community for Free Workshops, Q&A’s and Tax Resources: https://actualtaxlaw.com/ 🔥 Follow Jasmine on Instagram for daily content: https://www.instagram.com/taxleveragejd/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ABOUT JASMINE DILUCCI, JD, CPA, EA Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS. Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution How Jasmine Got Here… 18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS. 22: Earned an Accounting Degree and a Master’s in Finance. 23: Became a CPA 24: Stepped into leadership as she took over her own CPA firm 26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm. 28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm. 29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client. 32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge. Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice. # # #jasminedilucci source
Should You Stick With an LLC or S-Corp?
Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: https://aba.link/sot #TaxTips #BusinessTaxes #SCorp #EntrepreneurLife #SmallBusinessOwner #BusinessStructure #TaxStrategy ——————————————————————————————————— WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. source
This Church Stuff is Tax SCAM!
🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/bookingpage 🔥 Join my new FREE Actual Tax Law Community for Free Workshops, Q&A’s and Tax Resources: https://actualtaxlaw.com/ 🔥 Follow Jasmine on Instagram for daily content: https://www.instagram.com/taxleveragejd/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ABOUT JASMINE DILUCCI, JD, CPA, EA Jasmine DiLucci has specialized in tax since high school when she first became licensed to represent taxpayers before the IRS. Now as a tax attorney and CPA, she works with individuals and business owners across the nation to on Tax Planning, CFO Advisory, and IRS Tax Resolution How Jasmine Got Here… 18: Became an Enrolled Agent, licensed to represent taxpayers before the IRS. 22: Earned an Accounting Degree and a Master’s in Finance. 23: Became a CPA 24: Stepped into leadership as she took over her own CPA firm 26-28: Juggled full-time studies at SMU Law while she was growing her CPA firm. 28: Graduated from law school 4th in her class and became an Attorney, all while managing her CPA firm. 29-31: Expanded her CPA firm to seven figures, with a focus on delivering top-notch service and exceptional value to every client. 32: Launched Tax Leverage to offer free online education and combat the rise of “tax gurus,” aiming to provide real, accessible tax knowledge. Today: She’s dedicated to running her firm and leveraging her expertise to educate and empower others, helping individuals and businesses navigate the complexities of taxes and finance. ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Disclaimer: This information on this channel is for educational purposes only and does not constitute professional legal or tax advice. # # #jasminedilucci source
Why Having 2 LLCs Can Save Taxes and Grow Wealth
Here’s why you don’t want one LLC doing everything. In the Trifecta Strategy, you separate your operations from your assets: • One LLC holds your rental property (assets). • Another LLC runs your business or side hustle (operations). But here’s the problem—profits in a standard LLC are hit with 15.3% self-employment tax. Ouch. The solution? Convert that LLC to an S Corporation. With an S Corp, you avoid self-employment tax on profits, only pay yourself a reasonable salary, and keep more money in your pocket. 👉 That’s why the Trifecta structure is so powerful—it protects AND saves you taxes. Subscribe for more tax & wealth strategies: https://markjkohler.com/youtube source
How To Start Your Side Hustle With An LLC ASAP
Millions of Americans are starting side hustles—online sales, services, products—you name it. Here’s the truth: • Your operational LLC is the first step in building wealth. • It creates a wall of protection between your business operations and your personal assets. • BUT → An LLC by itself doesn’t save you taxes. It’s just the beginning. • The real tax strategies come when you start layering in home office, auto, and eventually converting to an S Corp when the time is right. 👉 Respect the LLC. It’s the foundation of your trifecta. Subscribe for weekly tax-saving strategies: https://markjkohler.com/youtube source
Benefits of a Privacy Address
MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/contact-us/?utm_source=youtube&utm_medium=description&utm_campaign=msbp001_be_your_own_landlord Your name and home address are everywhere — and that’s a problem! In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down practical, legal ways to keep your personal info off public records while still running your business and owning assets the right way. You’ll learn why manager-managed LLCs beat member-managed, how to use registered agents and privacy addresses, what PO boxes can and can’t do, and when a Wyoming holding LLC (or similar) adds a layer of anonymity. We also cover the six states that require an in-state street “ghost” address, the difference between privacy (camouflage) and asset protection (bulletproof vest), and real-world scenarios for landlords, investors, and anyone with growing visibility. If you’ve ever worried about tenants, stalkers, or just unwanted mail at your front door, this step-by-step playbook will help you tighten things up without breaking the bank. Subscribe for weekly tax, legal, and business strategies. Like the episode if it helped, drop your questions in the comments, and share it with a friend who needs more privacy! CHAPTERS: 0:00 Teaser 0:42 Your Privacy Gameplan 0:59 Drake’s LLC Naming Fail 2:18 Privacy in the AI Era 2:40 Two Targets: You vs Assets 3:24 Public-Facing vs Quiet Entities 4:04 Get Expert Help + Resources 5:29 Pick Your Privacy Level 6:34 Costs, Tradeoffs, No Easy Button 8:12 Use Manager-Managed LLCs 8:47 Fix Member-Managed Mistakes 9:54 Keeping Your Name Off Filings 11:00 Wyoming LLCs for Anonymity 11:40 Case Study: Arizona Property 13:24 Hire a Registered Agent 14:46 Don’t List Yourself or Home 15:36 Why P.O. Boxes Don’t Work 16:18 Company Address vs Agent Address 17:30 Privacy Address Service Explained 20:01 Six States Need In‑State Address 22:04 Real Risks: Stalkers and Tenants 23:45 Privacy vs Asset Protection 25:05 Integrate Privacy and Protection 26:28 Wrap Up and Next Steps Resources: Interview a Main Street Tax Pro that Speaks like Mark: https://taxadvisornetwork.markjkohler.com/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address Meet with a Real Lawyer on Zoom: https://kkoslawyers.com/contact-us/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address Self-Direct Your IRA or 401k- Buy a Business or Real Estate with Your Retirement Account (Directed IRA): https://directedira.com/appointment/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address Keep Your LLC or Corp in good standing and Hide Your Address (Main Street Business Services): https://mainstreetbusiness.com/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address Connect: Website: https://markjkohler.com/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address LinkedIn: https://www.linkedin.com/in/markjkohler/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address Facebook: https://www.facebook.com/markkohler/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address Instagram: https://www.instagram.com/markjkohler/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address X: https://x.com/markkohler/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address TikTok: https://www.tiktok.com/@markjkohler/ ?utm_source=youtube&utm_medium=description&utm_campaign=msbp002_benefits_of_privacy_address source
Are Business Clothes Tax Deductible? Here’s the Truth (With Examples!)
Have questions about tax deductions? Sign up for a free consultation with my team to get your questions answered. 👉 https://aba.link/a5p In this video, we explore the truth behind deducting business clothing and dry cleaning expenses, cutting through the myths often spread on social media. We examine real IRS rules, regulations, and tax court cases to explain when clothing is deductible and when it’s simply considered a personal expense. Your Next WATCH 👉 TOP 9 TAX DEDUCTIONS For Your RENTAL PROPERTY https://youtu.be/9fw5s_hDdcw We walk through historic and modern examples, including unique professions, to show how the three-part test for deductibility is applied in real life. We also break down how these rules differ for specialized uniforms, safety gear, and items not suitable for personal wear. By the end, we give a clear, practical understanding of how to stay compliant and avoid costly mistakes when it comes to clothing deductions. đź”” Don’t forget to subscribe for more insights on real estate investing and business strategies! Show Notes: 0:00 – Intro 1:18 – Early Case Law 5:32 – 3 Part Test For Deductibility 8:46 – Designer Clothing Case: Pevsner v. Commissioner 11:31 – Examples of Deductible Clothing 14:54 – Travel Exception for Laundry & Dry Cleaning 17:00 – Clothing as Advertising 21:05 – Final Thoughts ——————————————————————————————————— FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: https://aba.link/p5m TAX TUESDAY LIVE Join us every other Tax Tuesday, where you can have your tax questions answered live by our experts entirely FREE. Register Now 👉 https://aba.link/8mr Visit Anderson Advisor’s website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba ——————————————————————————————————— WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #writeoff #clothestaxes #taxtips #taxdeductions source