Warning: This Lady Is NOT a Licensed Tax Professional
🔥 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
Will vs. Trust — What’s Best for Your Family?
MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/contact-us/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=will-vs-trust A simple will isn’t the safety net most families think it is. In this step-by-step guide, Mark J. Kohler explains the real differences between a will and a revocable living trust — what each document does, when you need one versus the other, and how to avoid probate while protecting your heirs. You’ll learn the “funding” steps most people miss, how pour-over wills and guardianship work, and practical trust provisions that save time, money, and heartache. We also cover beneficiary designations, life insurance, and retirement account strategies (including Roth IRA inheritances), special needs planning, and business/real estate continuity so your successor trustee can act immediately. If this video helped, subscribe for weekly strategies, drop your questions in the comments, and share this with someone who needs to get their estate plan done! CHAPTERS: 0:00 Intro 0:51 Quick Definitions 1:58 Why Most Families Choose a Trust 3:07 What a Will Still Does Well 4:21 The Funding Step Most People Miss 6:33 Smart Provisions to Protect Heirs 8:31 Retirement Accounts — Small Tweaks, Big Impact 9:36 Business & Real Estate Continuation 10:28 Cost, Updates, and Expectations 11:02 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=will-vs-trust 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=will-vs-trust 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=will-vs-trust 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=will-vs-trust 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=will-vs-trust Connect: Website: https://markjkohler.com/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=will-vs-trust LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=will-vs-trust Facebook: https://www.facebook.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=will-vs-trust Instagram: https://www.instagram.com/markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=will-vs-trust X: https://x.com/markkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=will-vs-trust TikTok: https://www.tiktok.com/@markjkohler/?utm_source=mjk-youtube&utm_medium=description-link&utm_campaign=youtube-scripted-longform&utm_content=will-vs-trust source
Can You Deduct Your Car If It’s In Your Personal Name?
🔥 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
When it’s Time to Become an S-Corp
I met a couple flipping real estate and making around $250,000 a year. Their accountant told them not to form an S-Corporation because “it wasn’t worth it.” Huge mistake. At that income level, they could have set a reasonable salary of $70–80K and saved over $15,000 in self-employment taxes — every single year. Too often, business owners get bad advice or no advice at all because their accountant doesn’t understand small business tax strategy. You need an adviser who knows your world and helps you plan proactively. You are the captain of your financial ship — get the right crew. Subscribe for weekly tax strategy insights. Join the newsletter: https://markjkohler.com/youtube source
Stop Overpaying Taxes With This Simple S-Corp Strategy
Here’s how to break down your income in an S-Corporation. Say your business makes $150,000 in sales and $50,000 in expenses, leaving $100,000 in profit. If you ran that through a regular LLC or sole proprietorship, you’d pay about $15,000 in self-employment tax. Instead, with an S-Corp, you split your income: • Part goes to salary (subject to payroll tax). • The rest flows through as a K-1 distribution (not subject to self-employment tax). The key question: How much should your salary be? It depends on your profit and what’s considered a reasonable percentage for your industry. That balance determines your tax savings. Subscribe for more tax and small business strategy insights. Join the free newsletter: https://markjkohler.com/youtube source
How to Offset Taxes With Real Estate
🔥 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
S-Corp Owners: This Salary Formula Changes Everything
Here’s how the Kohler Payroll Matrix helps you find the right payroll percentage for your S-Corp. The key variable isn’t just “profit” — it’s draws. How much money you actually take out of the business matters most. So, for simplicity, we’ll call it profit. Imagine your profit line across the bottom: $0, $50K, $100K, $150K, $200K, and beyond. On the vertical axis, we have payroll as a percentage of that profit — from 0% up to 100%. Here’s the secret: As your profit increases, your payroll percentage should go down. You’ll still earn more money overall, but your salary becomes a smaller portion of total profit — optimizing your savings on self-employment tax while staying compliant with IRS “reasonable compensation” rules. Subscribe for practical tax and S-Corp strategies. Join the free newsletter: https://markjkohler.com/youtube/ source
What Living Trust Lawyers Won’t Tell You (But I Will)
Would you like to learn more about living trusts? Schedule a free consultation here: https://aba.link/3a60a9 In this video, Toby Mathis explains in plain English what a revocable living trust really does, what it doesn’t, and why it’s one of the smartest moves for protecting your family and assets. đź“‚ Free Emergency Binder for Estate Planning Download our exclusive Emergency Binder. 👉 https://aba.link/ku1 Purchase a physical copy of the Emergency Binder 👉 https://aba.link/531 You’ll get a simple checklist to complete this week, helping you stay out of court, out of the headlines, and out of family disputes. Toby also walks through when a will is enough, when a trust is better, and how married couples can maximize estate tax protections. đź”” Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more! Show Notes: 0:00 Intro 1:31 What a revocable living trust actually is 3:36 Will vs. Living Trust 6:40 Funding a Living Trust Checklist 9:41 How the Emergency Binder handles passwords safely 13:18 When a Will is “Enough” 16:00 Rentals in multiple states: skip multiple probates 19:09 Estate tax landscape & portability still matters 21:03 Biggest mistakes people make (overview) 23:10 Real-world scenarios intro 26:07 Five costliest mistakes & how to avoid them 29:45 Putting it together 32:20 FAQs: Divorce/creditor concerns 35:11 Outro ——————————————————————————————————— 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/vam 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 financial, investment, or 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. #livingtrust #estateplanning #probate #tobymathis source
How to Save 15.3% in Taxes Every Year
Here’s the math behind the S-Corporation tax savings strategy: If you make $100,000 in profit, you might pay yourself a $40,000 salary and take the remaining $60,000 as a distribution. ✅ That $40K is subject to payroll tax. ✅ The $60K is not — saving you 15% on that portion. That’s a $9,000 savings compared to paying self-employment tax on the full $100K as a sole proprietor. As your income grows, fine-tuning your reasonable salary percentage keeps you compliant and saving thousands every year. ✅ Subscribe for weekly tax strategy insights 📩 Learn more: https://markjkohler.com/youtube/ source
The #1 Mistake People Make After Setting Up a Living Trust
Most people stop short after signing their revocable living trust — they forget the most important step: funding it. Here’s what that means: ✅ Deed your real estate — transfer your home and LLCs that own rentals into your trust (no tax triggered). ✅ Update your bank & investment accounts — complete the change of beneficiary (COB) forms so they’re owned by your trust. ✅ Add retirement accounts — list your spouse first and your trust second as the beneficiary. If your trust is empty, it’s just a pile of paper. Once funded, it protects your assets, keeps things private, and ensures your wishes are followed. ✅ Subscribe for more tax and legal strategies 📩 Learn more: https://markjkohler.com/youtube/ source