How the Home Office Unlocks a Bigger Auto Deduction (CPA Explains)

Get a comprehensive tax consultation with one of our Mains Street Tax Lawyers that can build a tax strategy plan with an affordable consultation – https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction Want your question featured and answered on the Main Street Business Podcast? Submit your questions here – https://mainstreetbusinesspodcast.com/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction In this video, tax attorney & CPA Mark J Kohler breaks down a powerful small business tax strategy: combining the home office deduction with the auto deduction to maximize your write-offs. Here’s what you’ll learn: – The rules for writing off a home office (exclusive & regular use) – The difference between mileage vs. actual expenses – How to combine these strategies to save more on taxes Resources: Get my eBook and sign up for my weekly newsletter updates here – https://mainstreetpros.com/lp/tax-strategies-ebook/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction 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=Home_Office_Unlocks_Bigger_Auto_Deduction Keep Your LLC or Corp in good standing and Hide Your Address (Main Street Business Services) – https://www.mainstreetbusiness.com/contact/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction Get an accountant that speaks Mark J Kohler to help you implement your tax plan – https://taxadvisornetwork.markjkohler.com/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction Connect: Website: https://markjkohler.com/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction Facebook: https://www.facebook.com/markkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction Instagram: https://www.instagram.com/markjkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction X: https://x.com/markkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction TikTok: https://www.tiktok.com/@markjkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=Home_Office_Unlocks_Bigger_Auto_Deduction Chapters: 0:00 – How to write off your auto with a home office 0:38 – Auto Deduction Rule for 2025 1:27 – Home Office Deduction Rule 3:26 – Standard Deduction vs Simplified Method 4:07 – How the Home Office UNLOCKS the Auto Deduction 5:10 – Mileage vs Actual Expenses 6:38 – The Commuting Rule 7:37 – Final Thoughts and Remarks If you liked the video, please give it a “Thumbs up!” and subscribe to see more! source

Can You Hide Your LLC Ownership?

In today’s digital world, privacy matters more than ever. A properly named trust can help keep your ownership of assets out of the public eye—like camouflage for your wealth. Mark J. Kohler breaks down why privacy is different from asset protection and how to structure your trust the right way. 📌 Subscribe for more tax & legal strategies! 📩 Join our free newsletter for weekly tips: https://markjkohler.com/youtube source

Why Filing Taxes Late Reduces Your Chance of an Audit

Did you know filing a tax extension can actually reduce your chances of an audit? Mark J. Kohler explains why waiting until later in the year helps you avoid that first wave of IRS audit assignments—and gives you more time to get it right. 📌 Subscribe for weekly tax-saving strategies. 📩 Join our free newsletter here: https://markjkohler.com/youtube source

Tax Hacks For Day Traders, What the IRS Isn’t Telling YOU

Would you like to learn more about this topic and talk to someone? Schedule a free consultation here: https://aba.link/e09587 In this video, I break down essential tax hacks for day traders and reveal what the IRS won’t — and in some cases, can’t — tell you. You’ll learn how the facts-and-circumstances test determines whether you’re classified as an investor or a trader, why that distinction matters for your deductions, and how to position yourself for the most favorable tax treatment. I also share the “bright line” rules the courts have already decided on, so you’ll know exactly where you stand. WATCH NEXT 👉 How To Set Up A Trading Business (Valuable Tax Benefits!) https://youtu.be/H7NRFSTAzP8 From understanding the pitfalls that often trigger audits, to discovering how you can deduct expenses like computers, data feeds, subscriptions, travel, and education, this video is packed with actionable strategies. Whether you’re trading stocks, options, or other securities, you’ll get practical guidance to keep more of your profits and stay compliant with the IRS. 🔔 Don’t forget to subscribe for more insights on real estate investing and business strategies! Show Notes: 0:00 Intro 2:10 Definition of a Trader By IRS 4:45 Writing Off Expenses as a Trader 8:49 Mark-to-Market Election 10:32 How to Qualify as a Trader 12:56 Wash Sale Rule 13:56 Alternative Solutions 17:16 Another Type of Income a Corporation Makes 18:14 Ultimate Tax Hack 21:00 Asset Protection Consult 23:30 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/38e ~~~~ 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. #daytrading #taxstrategy #stocktrader #stocks #tobymathis source

Tax Codes to Buy a Free Tax Income?

🔥 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

How to Save Money By Hiring Your Kids

Mark J. Kohler shares how involving your kids in your business — from board meetings to small duties throughout the year — can open the door to legitimate tax deductions. From laptops to 1099 income, these strategies help you save money, stay audit-proof, and build long-term family wealth. 📌 Subscribe for weekly tax, legal, and wealth-building tips. 📩 Join our free newsletter for weekly tax-saving strategies: https://markjkohler.com/youtube source

Why Are Accountants Quitting?

The accounting industry is facing a crisis—burned-out professionals, low enrollments, and business owners undervaluing real tax planning. Mark J. Kohler shares why the system is broken and how both accountants and business owners can step up to make tax planning exciting, strategic, and profitable. 📌 Subscribe for more tax, legal, and wealth-building strategies. 📩 Join our free newsletter for weekly tax-saving tips: https://markjkohler.com/youtube source

Augusta Rule Pro Tip

Watch Full Video here: https://youtu.be/wfjIxF_6LEc 🔥 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

How To Make Your IRA Work 10X HARDER in 2025

You don’t have to cash out your entire IRA or 401k to diversify. Mark J. Kohler explains how you can peel off a portion — $10k, $20k, even $200k — and use it for investments like gold, silver, crypto, or real estate, all inside your retirement account. 📌 Subscribe for weekly tax, legal, and wealth-building tips. 📩 Join our free newsletter for weekly tax-saving strategies: https://markjkohler.com/youtube source

Fund Your Roth BEFORE Your 401k

Don’t choose between a Roth IRA and a Solo 401k — use both! Mark J. Kohler explains why funding your Roth IRA (and your spouse’s or kids’ Roth IRAs) comes first, then adding a Solo 401k as the “Cadillac” option for solo entrepreneurs. Plus, why safe harbor 401ks are still a great choice if you have full-time employees. 📌 Subscribe for weekly tax, legal, and wealth-building tips. 📩 Join our free newsletter for weekly tax-saving strategies: https://markjkohler.com/youtube ⸻ source