Can Haircuts and Makeup Be Written Off?
🔥 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
Is Prepaid Rent Beneficial for 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
3 Year-End Retirement Account Deadlines You’re Not Thinking About
MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines These three retirement deadlines before December 31, 2025, could literally double your money overnight, unlock up to $70,000 of Roth contributions, and turn your accounts into a tax-free ATM for your future! In this episode of the Main Street Business Podcast, Mat Sorensen and Mark J. Kohler break down powerful, little-known 401(k) and Roth strategies that most employees and small business owners are completely missing. You’ll learn how to “match & out” your workplace 401(k) so you don’t leave free employer money on the table, how the Mega Backdoor Roth works using after-tax contributions inside your 401(k), and why high earners and oil rig workers were among the first to exploit it. The guys also cover critical year-end deadlines for setting up a solo 401(k), how to snag valuable small business tax credits, and smart ways to structure Roth conversions so you don’t accidentally bump yourself into a much higher tax bracket. They even touch on using your kids’ earned income to fund their own Roth IRAs and create generational tax-free wealth. If you want to keep more of what you make, grow your retirement accounts faster, and stop relying on Wall Street or your employer to “save” you, this episode is your year-end checklist. Watch to the end, then hit subscribe for more tax and wealth-building strategies, drop your questions in the comments, and share this with a friend or family member who needs to take control of their retirement before the year is over! CHAPTERS: 0:00 Intro 0:35 3 Year-End Deadlines You’re Not Thinking About 1:23 Deadline #1: 401(k) Match & Out 6:34 Deadline #2: Mega Backdoor Roth in Your 401(k) 19:52 Deadline #3: The Roth Conversion 24:07 Bonus Tip: Putting Money in Your Children’s Roth IRA 25:17 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_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines Meet with a Real Lawyer on Zoom: https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines 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_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines 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_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines Connect: Website: https://markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines Facebook: https://www.facebook.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines Instagram: https://www.instagram.com/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines X: https://x.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines TikTok: https://www.tiktok.com/@markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=main-street-business-podcast&utm_content=msbp603-3-year-end-deadlines source
How to Get a 100% Write-Off Instead of 50% for Company Events
Monthly team happy hours and casual office snacks are only 50% deductible, even if the company pays. But when you structure a true business event—tied to a meeting, agenda, or special occasion—the food becomes 100% deductible. The key is adding legitimate business purpose and making it an infrequent, documented event. This is how smart business owners turn culture-building activities into fully deductible company expenses. 👍 Like & Subscribe for more tax, legal, and business protection insights. 📩 Free newsletter: https://markjkohler.com/youtube/ source
Yes, You Can Have a Solo 401k and a Work 401k — Here’s How the Wealthy Stack Them
If you have a side hustle, you qualify for a solo 401k—even if you already have a 401k at your day job. And the contribution limits are huge. Under age 50, you can add another $23,000 into your solo 401k on top of your IRA. Over age 50, it’s $30,500. Combine that with a monthly Roth IRA contribution and a few extra clients or projects in your business, and in 15–20 years you could have over $1–2 million tax-free. This is the exact stacking strategy wealthy entrepreneurs use to build long-term retirement wealth fast. 👍 Like & Subscribe for more tax, legal, and business protection insights. 📩 Free newsletter: https://markjkohler.com/youtube/ source
Is This How You Avoid 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
Save Thousands on Taxes By Knowing This About Writing Things Off
The IRS code (Section 62) is clear: any expense incurred to produce income is a write-off against that income. If you make $1,000 in your small business, every legitimate cost to earn it—cell phone, Wi-Fi, a home office, supplies—can offset that income. And you don’t need an LLC or business bank account to start. Just track your expenses in a simple spreadsheet or even toss receipts in a shoebox. Take action first, clean it up as you go, and learn while you build. source
How To Buy Crypto Tax Free With A Roth IRA
Take your profits and start funding a Roth IRA—then trade, mine, stake, or run DeFi inside it, completely tax-free for life. A Roth IRA isn’t limited to Wall Street. With a self-directed Roth, you can buy crypto directly from your phone and grow it tax-free until retirement. Most Americans have almost nothing saved for retirement. Start now, and your crypto gains inside a Roth IRA can turn into millions over the next 20 years. 👍 Like & Subscribe for more tax, legal, and business protection insights. 📩 Free newsletter: https://markjkohler.com/youtube/ source
It’s Easier to Make Money Than You Think
If you need extra money, start simple: mow someone’s lawn. Seriously. In many cities, you can’t even get a landscaper to return a call right now — demand is sky high. If you show up, answer the phone, and do the work, you’ll be swamped with jobs. Inflation is real, budgets are tight, and people still need basic services. Grab a mower, knock on a few doors, and make real money this weekend. No excuses. source
When to Switch from an LLC to an S Corporation
MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/contact-us/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp Most LLC owners assume their structure is optimized, but a basic LLC often leads to thousands in unnecessary self-employment taxes. In this detailed breakdown, Mark J. Kohler explains the real differences between staying a default-taxed LLC and electing S Corporation status — what each structure does, when the numbers justify making the switch, and how to maximize tax savings while staying compliant. You’ll learn the exact profit range where an S Corporation becomes advantageous, how salary versus pass-through income works, and the simple filing process to transition without dissolving your existing LLC. We also cover common mistakes to avoid, including switching too early, mixing passive and operational income, overpaying yourself on payroll, and mismanaging your quarterly filings. We walk through ongoing costs, reasonable salary guidelines, and why S Corporations reduce both taxes and audit risk while opening the door to additional deductions, retirement strategies, and cleaner financial records. If this video helped, subscribe for weekly tax strategies, drop your questions in the comments, and share this with another small business owner who wants to keep more of their profit! CHAPTERS: 0:00 Intro 0:52 Why So Many Small Business Owners Overpay on Taxes 1:51 When to Make the Switch — The Magic Profit Zone 3:16 How the S Corp Actually Saves You Money 4:23 The Right Way to Transition 5:28 The Costs (And Why They’re Worth It) 6:30 Common Mistakes to Avoid 8:31 When a S Corp Might Not Be Right Yet 9:13 What Happens After You Switch 10:22 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_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp Meet with a Real Lawyer on Zoom: https://kkoslawyers.com/schedule-an-appointment/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp 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_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp 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_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp Connect: Website: https://markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp Facebook: https://www.facebook.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp Instagram: https://www.instagram.com/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp X: https://x.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp TikTok: https://www.tiktok.com/@markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=when-to-switch-from-llc-to-scorp source