Main Street Business

<p><em>The Main Street Business Podcast</em> hosted by Mark J. Kohler with co-host Mat Sorensen discuss complex tax and legal topics like LLCs, corporations, estate planning, raising capital, and retirement planning in an engaging and charismatic way, making it easy for anyone to understand.<br /><br />Mark J. Kohler has done over +10,000 consultations with clients, is a Senior Partner at KKOS Lawyers and CFO/Board Member of Directed IRA Trust Company with $2B+ in managed assets. He’s a best-selling author of six books, national speaker and founder of the Main Street Certified Tax Advisor Program, a program training thousands of CPAs and Enrolled Agents on proven strategies, effectively changing the lives of millions of small business owners in America.</p>

#592 The 10 Biggest LLC Mistakes (And How to Avoid Them!)

Why risk your business and hard-earned money with the wrong setup when you could be protecting yourself and saving on taxes? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down the critical steps every small business owner and new LLC owner must take to avoid costly mistakes. From choosing the right entity structure to understanding tax advantages, they reveal the insider strategies that keep more money in your pocket and safeguard your future. Dis...

09-05
26:03

#591 Benefits of a Privacy Address

Your name and home address are everywhere — and that’s a problem! In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down practical, legal ways to keep your personal info off public records while still running your business and owning assets the right way. You’ll learn why manager-managed LLCs beat member-managed, how to use registered agents and privacy addresses, what PO boxes can and can’t do, and when a Wyoming holding LLC (or similar) adds a layer ...

08-22
26:44

#590 Be Your Own Landlord: 3 Unique Strategies

Why make someone else rich when you could be paying yourself? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen reveal three powerful real estate strategies that allow business owners to become their own landlord, create cash flow, and protect family wealth. From renting your own building to your business, to buying your kid’s college home, to purchasing your parents’ house for asset protection and tax benefits, these proven methods could transform your fina...

08-15
33:35

#589 The SALT Workaround After the One Big Beautiful Bill (OBBB)

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 workaroundThe 3 steps to implement it before year-endHow to navigate state-specific deadlines and formsWhy acting in 2025 is critical for 2025 tax savingsGet a comprehensive tax consultation with one of our mains street tax lawyer...

08-08
30:09

#588 Tax Strategy Q&A: Mega Backdoor Roth, RV Write-Offs, and LLC Mistakes

Mark Kohler and Mat Sorensen are back for another Open Forum episode of the Main Street Business Podcast — answering real tax, legal, and wealth-building questions from listeners across the country. In this episode, they cover advanced strategies and insider tips for: The Mega Backdoor Roth: How it works and who can use itMaximizing vehicle deductions and depreciation the smart wayFixing a broken S-Corp partnership structureLLCs vs. business trusts in CaliforniaSolo 401(k) contribution strate...

07-22
41:22

#587 Trump Signs The Big Beautiful Bill: What This Means for Tax Planning

President Trump just signed the Big Beautiful Bill into law — and it’s packed with tax breaks for small business owners, real estate investors, and everyday entrepreneurs. In this episode, tax attorney Mark J. Kohler and attorney Mat Sorensen break down the most useful strategies you can implement right now to save big. Here’s what you’ll learn: How to leverage 100% bonus depreciation for real estate, vehicles, and business equipmentWhy the QBI (199A) deduction is now a permanent win for sma...

07-15
32:08

#586 When Should I Register My LLC in a Different State?

Mark J Kohler and Mat Sorensen dive deep into the world of LLC registration, revealing must-know strategies for small business owners and real estate investors. Learn how to: Properly register your business across state linesProtect your assets with the right LLC structureAvoid expensive penalties and legal pitfallsMaximize tax benefits for multi-state operationsWhether you're a rental property owner, remote business operator, or entrepreneur looking to expand, this episode is your ultimate g...

07-08
29:13

#585 New Tax Bill Signed Into Law By President Trump - What’s In and What's Out?

To get a comprehensive tax and legal plan get to my law firm KKOS Lawyers: https://kkoslawyers.com In this special episode, Mat Sorensen breaks down President Trump’s newly signed tax legislation, known as the “Big Beautiful Bill," and what it means for your personal and business taxes. With sweeping changes taking effect in 2025, Mat outlines the most impactful provisions for individuals, small business owners, and real estate investors. 0:00 - Introduction to The Big Beautiful Bill 5:...

07-05
23:15

#584 The Best Real Estate Opportunity in a Decade — Featuring Chris Loeffler from Caliber

In this insightful episode, Mat Sorensen sits down with Chris Loeffler, CEO of Caliber, to dissect the current state of the real estate market and why commercial real estate is presenting one of the best buying opportunities in over a decade. With over $2.9 billion in assets under management and development, Chris breaks down the macroeconomic and local market conditions creating value in distressed assets—especially in hotels, industrial, and multifamily sectors. They explore how real estate...

07-03
56:58

#583 Strategic Strategies With a Self Directed IRA

Mark J. Kohler and Mat Sorensen reveal game-changing strategies for transforming your retirement accounts from Wall Street limitations to Main Street opportunities. Discover how to legally invest your IRA or 401(k) in high-potential assets beyond traditional stocks and mutual funds. Maximize Tax-Free Wealth: Learn Roth IRA investment strategies that minimize taxesExplore Alternative Investments: Real estate, crypto, private businesses, and moreGain Checkbook Control: Understand IRA LLC struct...

07-01
26:52

#582 How Gene Simmons Started as a Small Business Owner and Became #1

Gene Simmons joins us for an unforgettable masterclass on business, life philosophy, and how KISS built a billion-dollar brand through strategic thinking and trademark protection. • The precious nature of time and why "you will never get this day back" • Why the "get rich slow scheme" is more reliable than get-rich-quick fantasies • How KISS became the only band whose faces are trademarked like Disney characters • The recent billion-dollar sale of KISS to Pop House company • Coming from humb...

06-24
21:37

#581 Breaking News - Senate Tax Bill Text Released

Breaking News - Senate Tax Bill Text Released. With both the House and Senate versions now on the table, which proposal offers bigger tax cuts? Which one could save you more money? I’m breaking down the differences between the House and Senate proposals and what’s changing and how it will affect you. Intro & Why This Tax Bill Matters 00:00 - 00:02:25 Expiring Tax Provisions in 2026 00:02:25 - 00:03:32 Standard Deduction & Income Tax Rates 00:03:32 - 00:09:07 Child Tax Credit Breakdown...

06-20
32:56

#580 The 4 Phases of Business - Don’t Make the Same Mistakes We Did

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen walk you through the full business lifecycle—showing you how to start lean, systemize operations, scale smart, and exit on your terms. Get ready for real-world strategies that actually work. Here are some of the highlights: Mark shares his experience in the startup phase, emphasizing the importance of not suffocating the business. Mat highlights how scaling a business involves scaling people, not just syst...

06-17
40:38

#579 Tax Hacks the Wealthy Use (Attorneys Break it Down)

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen take on your toughest tax and business questions in an open forum style. From setting up the right business structure to handling a home office deduction the smart way, they give you the tips you wish your accountant and attorney actually explained. It’s smart, fast-paced advice that real Main Street entrepreneurs can put into action. Here are some of the highlights: Mark and Mat discuss the benefits and dr...

06-03
54:05

#578 The Complete Guide to Estate Planning

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen explain why every adult—single or married, wealthy or not—needs a will and a revocable living trust. Learn the practical steps for setting up your estate plan, naming a trustee, and ensuring your assets stay protected and your wishes are followed. Here are some of the highlights: Mark emphasizes the importance of having a will, noting that 50% of Americans do not have one.Mat explains that a trust allows for ...

05-27
20:29

#577 Which LLC is Right for Your Business

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen take a deep dive into the six LLC structures every entrepreneur, investor, and licensed professional should understand. Whether you're starting a business, protecting rental properties, or building wealth with a high-net-worth strategy, this episode breaks down how to choose and use the right LLC to match your goals. Here are some of the highlights: Mark and Mat discuss the six types of LLCs, starting with th...

05-13
36:59

#576 How to Set Up a Family Office Without Being Ultra-Rich

In this episode of the Main Street Business Podcast, Mark J. Kohler shows how simple board meetings and a strategic plan can supercharge your finances. He explains how to turn ordinary family gatherings into legitimate, tax-deductible business meetings that strengthen your entity structure. Get inspired to organize your goals, sharpen your decision-making, and create a family office that supports real wealth-building. Here are some of the highlights: Mark explains the concept of a family offi...

05-06
16:23

#575 How to Turn NIL Deals Into Long-Term Wealth

In this episode of the Main Street Business Podcast, Mark J. Kohler and Max Merritt reveal how NIL athletes can turn short-term earnings into long-term wealth. From forming an LLC to electing S corp status and leveraging mega Roth strategies, they lay out the playbook every young athlete—and their advisors—should follow. Here are some of the highlights: Mark emphasizes the similarities between athletes and entrepreneurs, highlighting the self-discipline required in both fields.Max notes that ...

05-01
31:21

#574 Stock Market Falls - 3 Strategies to Take Advantage and Build Wealth

In this video, I break down 3 strategies to help you navigate a market downturn: 1) The market always comes back – History shows us time and time again that corrections are normal and the market recovers. The key is staying invested. 2) Tax loss harvesting – This is a powerful tool to offset gains and reduce your tax bill. I’ll show you how to do it the right way. 3) Over-allocated in stocks? It might be time to diversify. If you're too heavy in the market, consider investing in alternative a...

04-22
08:00

#573 How to Exit Your Business The RIGHT Way w/ Chris Van Dusen

In this episode of the Main Street Business Podcast, Mark J. Kohler welcomes Chris Van Dusen to unpack the biggest mistakes business owners make when trying to sell—and how to avoid them. From cleaning up your books to understanding your true enterprise value, this is your roadmap to a smarter exit. Here are some of the highlights: Mark and Chris explain the concept of enterprise value, differentiating it from lifestyle businesses.Chris emphasizes the importance of understanding the market an...

04-15
30:15

Andrew Jacoby II

Great stuff as always Mark. Been a few years since I saw you in Sacramento years ago in person. Loved Grant's insights about his children and their Involvement and education.

12-22 Reply

Recommend Channels