Business Owners – Avoid a Personal Lawsuit with an LLC
Setting up an LLC isn’t just filing a one-page form. If you want real asset protection, you must respect the entity. That means: • A separate bank account and checking • Proper title transfers • An operating agreement • Membership or stock certificates • Corporate book and minutes Without these “guts,” your LLC could be pierced in court—and your personal assets exposed. 👉 Subscribe for more tax and legal strategies for entrepreneurs. 📩 Join our free newsletter for weekly tax-saving tips: https://markjkohler.com/youtube/?utm_source=YouTube&utm_medium=description&utm_campaign=shorts source
Open a Separate Bank Account For Your Business
If you’re serious about running a business, you need a separate business bank account. It keeps your income and expenses clean, makes bookkeeping easier, and protects your liability shield. Here’s how it works: • Take your LLC Articles of Organization or Articles of Incorporation • Bring your EIN and basic governing docs (bylaws or operating agreement) • Open a simple, low-cost small business account with debit card and checks—skip the “premium” accounts Keeping business and personal money separate is critical for protecting your LLC and making tax time painless. 👉 Subscribe for more tax and legal strategies for business owners. 📩 Join our free newsletter for weekly tax-saving tips: https://markjkohler.com/youtube/?utm_source=YouTube&utm_medium=description&utm_campaign=shorts source
The 8 D’s (The Rich Love Using These Tax Secrets)
Most people think taxes are just about reporting last year’s income, but true tax planning is about understanding how different types of income are treated. 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/75d4d1 We’ll walk you through the key differences between earned income, passive income, and portfolio or capital gains income, showing how the tax code rewards each one in unique ways. You’ll see real-world examples, like how two identical houses can receive completely different tax treatment depending on whether they’re a personal residence or a rental property. We’ll also cover how earned income is hit hardest with payroll taxes, why passive income can be a game-changer for investors, and how long-term capital gains offer some of the lowest tax rates available. If you’re looking to lower your tax bill, build long-term wealth, and take advantage of tax strategies the wealthy have been using for years, this video is for you. By the end, you’ll understand the foundations of smart tax planning and how to structure your income for the best possible tax outcomes. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: https://aba.link/27l Show Notes: 0:00 Intro 2:01 Passive Income (Rents & Non-Material Participation) 4:29 The IRS Plays Favorites—Shift Your Income 4:58 #1 Divide: Split Income Across People & Entities 7:07 #2 Deduct: Turn Smart Spending into Write-Offs 9:00 #3 Dump: Harvest Losses & Unlock Suspended Losses 10:16 #4 Depreciate: Bonus Depreciation & Cost Segregation 12:11 #5 Delay: Installment Sales, 1031s, IRAs 13:50 #6 Donate: Appreciated Assets, DAFs & CRTs 16:23 #7 Disguise: S Corps, C Corps & Distribution Planning 18:17 #8 Disinherit: Trusts, Gifting & Estate Tax Planning 19:34 Big Takeaway: It’s Not What You Make—It’s What You Keep 20:03 Final Thoughts ——————————————————————————————————— SUBSCRIBE https://aba.link/subscribe ~~~~ 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/eqx 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. #deductions #depreciation #taxtips source
Boycotting Your Taxes is ILLEGAL!
🔥 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
The Mistake Most Business Owners Make with Their LLC Address
Every LLC or corporation needs two things: a registered agent and a company address. Many business owners fix the registered agent issue for privacy, but then accidentally list their home address as the company address. That becomes public record—and anyone can look it up on your Secretary of State’s website. The good news: this is an easy fix. Protect your privacy and keep your personal address off public filings. 👉 Subscribe for more tax and legal strategies for business owners. 📩 Join our free newsletter for weekly tax-saving tips: https://markjkohler.com/youtube/?utm_source=YouTube&utm_medium=description&utm_campaign=shorts source
When You Structure Your Board of Directors Based on Social Media
🔥 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 You Should NEVER Use Your Home Address For Your Business
When you form an LLC or corporation, every state requires you to list a registered agent. This person receives official notices—like lawsuits or government correspondence. Here’s the catch: the registered agent’s name and address become public record. If you use your home or personal info, anyone can find it. That’s a privacy risk most business owners don’t think about. Instead, use a professional registered agent service to protect your name and address. It’s one of the simplest ways to add a layer of privacy and protection to your business. 👉 Subscribe for weekly tax & asset protection strategies. 📩 Join our free newsletter here: https://markjkohler.com/youtube/?utm_source=YouTube&utm_medium=description&utm_campaign=shorts source
How to Write Off Entertainment (Legally)
🔥 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
The Biggest Mistake Business Owners Make with Taxes
Too many entrepreneurs think they can just hand everything off to an accountant or lawyer. That’s a mistake. You don’t need to prepare your own tax return or file your LLC—but you do need to understand why you’re doing it and what it means for your business. Be the captain of your ship. Your advisors are the first mates. When you take charge, you’ll make better decisions, save more in taxes, and build real wealth. 👉 Subscribe for more tax-saving strategies. 📩 Join our free newsletter for weekly tips: https://markjkohler.com/youtube/?utm_source=YouTube&utm_medium=description&utm_campaign=shorts source
Short Term Rental Strategy For Couples!
Just married and now own two homes? Instead of rushing to make one a long-term rental, consider the short-term rental (STR) loophole. Why this works: • If the property is already furnished, it’s Airbnb-ready • Short-term rentals can unlock huge depreciation write-offs in year one • After a year, you can convert it into a long-term rental if you choose This strategy can mean tens of thousands in tax savings while generating income. 👉 Subscribe for weekly tax & wealth-building strategies. 📩 Join our free newsletter here: https://markjkohler.com/youtube/?utm_source=YouTube&utm_medium=description&utm_campaign=shorts source