The SALT Workaround After the One Big Beautiful Bill
Join Mark and Mat as they discuss the powerful SALT workaround in 36 states. You can have unlimited deductions for state taxes for this workaround strategy and exceed the $40,000 with the workaround. You’ll learn: The 3 steps to see if you qualify for the SALT workaround The 3 steps to implement it before year-end How to navigate state-specific deadlines and forms Why acting in 2025 is critical for 2025 tax savings Get a comprehensive tax consultation with one of our mains street tax lawyers that can build a tax strategy plan with an affordable consultation that will leave you speechless!! Here’s the link – https://kkoslawyers.com/services/comprehensive-bus-tax-consult/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction Resources: Get my newsletter and sign up for my weekly updates here – https://mainstreetpros.com/lp/tax-strategies-ebook/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction Get the $150 summertime discount and open your IRA to invest in what you know – https://directedira.com/appointment/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction Get in compliance with your current entity and get your minutes and state registration complete – https://www.mainstreetbusiness.com/contact/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_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=SALT_Deduction Connect: Website: https://markjkohler.com/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction Facebook: https://www.facebook.com/markkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction Instagram: https://www.instagram.com/markjkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction X: https://x.com/markkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction TikTok: https://www.tiktok.com/@markjkohler/?utm_source=YouTube&utm_medium=description&utm_campaign=SALT_Deduction 00:00 – Introduction 01:35 – Step 1 of seeing if you qualify for the workaround 07:34 – Step 2: Why having an S Corporation is key 10:43 – Step 3: The 36 states that allow the strategy 11:01 – How the S Corp pays your state tax for you 14:43 – Step 1 of implementing: Make the payment from your S Corp 16:35 – Deadlines and rules for different states 18:12 – Step 2 of implementing: Filing the right forms 21:17 – What’s included and excluded in the workaround 22:01 – Step 3 of implementing: Report correctly on your return 25:32 – How this strategy can save tens of thousands in taxes 26:18 – Final thoughts and challenge to take action before year-end If you liked the video, please give it a “Thumbs up!” and subscribe to see more! source
Every House Flipper NEEDS to Understand THESE RULES
If you’re just starting out in real estate flipping, watch this video as we discuss cap rates, the risks, and how to finance your first fix-and-flip the correct way. We walk through a real example with numbers and explain how to leverage fix-and-flip loans, 0% credit cards, and debt service coverage ratio (DSCR) loans. You’ll learn the difference between what a property is worth to a homeowner vs. what it’s worth to an investor. We’ll also talk about the risks of relying on after-repair value and why you should always have a backup plan in case the market shifts. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: https://aba.link/ptd With over 30 years of experience and hundreds of properties owned, this advice is designed to help you avoid common pitfalls and build lasting wealth. Whether you’re flipping or holding, understanding your numbers is key to success. Download Your Digital Copy Of Infinity Investing: How The Rich Get Richer And How You Can Do The Same 👉 https://inf.link/8dee92 🔔 Stay ahead of the curve. Subscribe for cutting-edge insights on real estate investing, business strategies, and more! Show Notes: 0:00 Intro 2:30 The Risks of Flipping with Market Fluctuations 3:30 Investor Value vs. After Repair Value 5:22 Investors Look at the Cap Rate 6:55 Market Cycles and Contingency Planning 8:35 Better Alternatives to Credit Card Financing 11:00 Flipping vs. Long-Term Holding (BRRR Strategy) 13:00 How to Avoid Financial Disaster When Flipping 14:08 Final Tips for Beginner Flippers ——————————————————————————————————— 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/c185b2 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. #flippinghouses #houseflipper #houseflipping source
IRS Secret That’s Saving Business Owners Thousands
Did you know you can write off up to $2,500 per invoice for equipment or supplies—without using depreciation? It’s called the de minimis safe harbor and it’s a powerful IRS-approved strategy for new business owners. Mark J. Kohler explains how to make it legit with an LLC, EIN, and proper accounting policy in your minutes. This is how you start taking real deductions, even with a side hustle. Subscribe for smart tax strategies that help you launch and grow with confidence. source
The Dangerous Myth About Trust Asset Protection
Think your revocable living trust protects you from lawsuits? It doesn’t—and it was never meant to. Mark J. Kohler explains the real purpose of a revocable trust: to organize your estate, pass on wealth, and avoid probate—not to serve as asset protection. If someone told you otherwise, they’re giving bad advice. Here’s what you need to know before relying on the wrong strategy. Subscribe for real, honest legal and tax guidance that actually protects your wealth. source
Don’t Make This Travel Write-Off Mistake
🔥 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
Qualifying for Real Estate Professional Status
🔥 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
Want to Be Rich? PAY OFF Debt
Click on the related video to watch the full video. 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/ya0 ——————————————————————————————————— 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. #debt #wealthy #richmindset #wealthbuilding source
Can Capital Losses Be Used to Offset Gains?
🔥 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 Structure Your Business for Tax Benefits
Mark J. Kohler breaks down the “Trifecta” structure he uses to help clients build wealth and protect their assets. From operations (S Corp) to assets (real estate, 401(k)s), everything flows into one powerful tool: a revocable living trust. It avoids probate, provides control over your legacy, and works whether you’re single, married, rich, or just starting out. Here’s why every entrepreneur should have one. Subscribe for expert tax, legal, and asset protection strategies that actually work. source
Can Entertainment Be a Tax Write Off?
The Tax Cuts and Jobs Act killed the entertainment deduction—but that limitation officially expires this year. Mark J. Kohler explains how the latest tax bill doesn’t renew the restriction, meaning golf, sports games, concerts, and more may now be legitimate business write-offs again. Here’s what that means for your 2025 taxes and beyond. Subscribe for updates on the latest tax law changes and how to use them to your advantage. source