Can You Have More than 1 Solo 401k?
Let’s clear up the confusion around solo 401ks — and debunk a few myths. 1️⃣ You can have a day job 401k and a solo 401k for your small business. 2️⃣ Your spouse can join your solo 401k, even if they have their own day job plan. 3️⃣ You can have an IRA, solo 401k, and work 401k — all at the same time. 4️⃣ Best of all, you can invest your solo 401k beyond Wall Street — in real estate, crypto, small businesses, and more. ✅ Subscribe for weekly tax & wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/?utm_source=mjk-YouTube&utm_medium=description&utm_campaign=shorts source
How to Legally Handle Cash Payments
🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/discovery-call 🔥 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
How to Pass a Business to Your Kids
MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/contact-us/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform What happens to your business when you retire, or worse, pass away unexpectedly? If your goal is to keep it in the family, this video gives you a clear, realistic roadmap to make it happen without tearing the family apart. CPA and attorney Mark J. Kohler walks through five essential steps for successful family business succession: start planning early, choose and develop a clear leader, lock in your estate plan with a revocable living trust and a business continuation plan, equalize inheritances (often with life insurance), and craft a practical exit plan using tools like asset purchase agreements and promissory notes. You’ll learn common pitfalls, how to fund your own retirement without starving the next generation, and ways to keep peace among siblings while protecting your legacy. If this helped, please like the video, subscribe, and comment with your biggest succession question! CHAPTERS: 0:00 Intro 1:22 Start Planning Early 2:45 Choose the Right Leader 4:10 Estate Planning 6:44 Equalize Inheritances Fairly 7:34 Create the Exit Plan 9:34 Outro Resources: Interview a Main Street Tax Pro that Speaks like Mark: https://taxadvisornetwork.markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform Meet with a Real Lawyer on Zoom: https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform Self-Direct Your IRA or 401k- Buy a Business or Real Estate with Your Retirement Account (Directed IRA): https://directedira.com/appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform Keep Your LLC or Corp in good standing and Hide Your Address (Main Street Business Services): https://mainstreetbusiness.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform Connect: Website: https://markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform Facebook: https://www.facebook.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform Instagram: https://www.instagram.com/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform X: https://x.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform TikTok: https://www.tiktok.com/@markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_content=pass-business-to-your-kids&utm_campaign=youtube-scripted-longform source
Why Do Wealthy People Love Rental Properties?
Wealthy people diversify — they don’t rely on one strategy. They buy rentals, crypto, and other assets that build long-term wealth. There are five key classes of real estate investing every smart investor should know: 1️⃣ Short-term rentals – 100 hours of work in year one = massive write-offs. 2️⃣ Long-term rentals – build wealth and qualify as a real estate professional. 3️⃣ Self-rentals – rent your building to your business for big deductions. 4️⃣ Syndications – hands-off investments with solid ROI potential. 5️⃣ Roth IRA or 401k-owned real estate – grow and sell completely tax-free. This is how the wealthy multiply their money and protect their future. ✅ Subscribe for weekly tax & wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/?utm_source=mjk-YouTube&utm_medium=description&utm_campaign=shorts source
Does Your Spouse Need to Be on Payroll?
Many couples think putting their spouse on payroll helps with Social Security benefits, but that’s usually not worth it. A non-working spouse already qualifies for half of the working spouse’s benefit, and it’s based on 35 years of income. Instead, the real reason to add your spouse to payroll is to fund their 401(k) and maximize your household retirement savings. The key is finding that perfect salary level — enough to contribute to the plan, but not so high that you trigger unnecessary payroll taxes. ✅ Subscribe for weekly tax & wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/?utm_source=mjk-YouTube&utm_medium=description&utm_campaign=shorts source
Firearms & Estate Planning: What Every Family Needs to Know
In this video, Toby Mathis talks with Thomas Chittum, former Associate Deputy Director of the ATF and attorney at Chittum Law, about what families need to know when someone passes away and leaves behind firearms. They cover what to do if you discover guns in an estate, how to handle restricted weapons like machine guns or silencers, and the biggest mistakes that can turn an inheritance into a legal problem. You’ll learn how to safely secure, identify, and transfer firearms, when to involve the ATF, and how gun trusts can make life easier for your heirs. This video is for educational purposes only and not legal advice. Firearm and estate laws vary by state—always consult a qualified attorney before taking action. Learn more about Chittum Law: Thomas Chittum tlchittum@chittumlaw.com Home ABOUT THOMAS CHITTUM Tom Chittum served nearly 27 years with the U.S. Department of Justice, retiring in 2022 as Associate Deputy Director and Chief Operating Officer of the ATF. A career federal agent, he specialized in firearms, explosives, and violent crime investigations, often serving as an expert witness in federal court. After retiring, Tom became Senior Vice President of Forensic Services at SoundThinking (ShotSpotter), leading teams that helped law enforcement use technology and data to investigate gun crimes. He now speaks nationally on firearms law, criminal justice, and public safety policy. Want to protect your family and assets with proper estate planning? 👉 Schedule a free consultation: https://aba.link/jlf Show notes: 0:00 Intro 1:04 Meet expert Thomas Chittum (former Associate ATF Deputy Director) 3:07 What happens when you find guns in an estate 4:26 Key U.S. gun laws explained 6:30 First steps: safety and identifying firearms 9:15 Executors, possession rules, and common legal mistakes 12:05 How to properly transfer guns to heirs 16:24 Transferring restricted firearms 19:03 Using gun trusts to simplify estate transfers 29:51 How gun owners can prepare now 30:53 Outro ——————————————————————————————————— SUBSCRIBE https://aba.link/subscribe ~~~~ 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/baec6e 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/p3x OTHER ANDERSON ADVISOR EVENTS Learn a rich selection of subjects like tax and asset protection, business, investing, and more. Our attorneys and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life. https://aba.link/tobyevents ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of “Infinity Investing: How The Rich Get Richer And How You Can Do The Same” Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership” and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop 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. #estateplanning source
How To Protect Your Money Like The Rich!
Here’s how to build true financial protection and tax efficiency with the Trifecta Strategy. Keep your operations (like your S-Corp or business income) completely separate from your assets (your rentals, Bitcoin, or investments). Your business should own nothing—it’s just where the money comes in and where you take all your write-offs. Meanwhile, your LLC holds the assets, all owned by your trust for legacy planning. This creates the perfect wall between your income, your wealth, and your risk. ✅ Subscribe for weekly tax & wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/?utm_source=mjk-YouTube&utm_medium=description&utm_campaign=shorts source
This is TAX FRAUD!
🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/discovery-call 🔥 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
How to Use Real Estate Losses to Offset Taxes
🔥 Want to become Jasmine’s client? Tax Planning & Returns, Accounting, and IRS Tax Resolution: https://jasminedilucci.com/discovery-call 🔥 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
How to Live Off Your Investments Tax-Free
Wondering how to actually use the money on the asset side of your trifecta? When you buy rental properties, the cash flow is yours to live on today — often tax-free. Depreciation and mortgage interest from your tenants can wipe out most or all of your taxable income, while your property continues to grow in value. That means you’re building long-term wealth and generating immediate, spendable, tax-efficient income. ✅ Subscribe for weekly tax & wealth tips 📩 Join the free newsletter: https://markjkohler.com/youtube/?utm_source=mjk-YouTube&utm_medium=description&utm_campaign=shorts source