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Main Street Business

223: 15 Year-end Tax Tips That Could Save You Thousands

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 29 November 2018

⏱️ 56 minutes

🧾️ Download transcript

Summary

Join Mark and Mat as they highlight 15 of their best year-end tax tips and strategies. It’s fun, interesting and a great list of items to cover with your tax advisor before the end of the year. Don’t miss this and have a pen and paper handy. More info at www.refreshyourwealth.com Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners On Main Street America: Ma...

Transcript

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0:00.0

Broadcasting worldwide on Internet Radio.

0:07.7

Refreshing takes on legal strategies.

0:10.1

Straightforward answers to difficult tax questions.

0:13.2

Independent ideas on building wealth.

0:15.8

It's the Refresh Your Wealth Show with Mark Kohler and Matt Sorenson.

0:19.8

Get your free copy of Mark and Matt's ebooks and sign up for their weekly free newsletter

0:24.4

with important tax deadlines and articles at refresh your wealth.com.

0:28.8

Now, here's Mark and Matt.

0:52.1

Okay. Welcome, everybody to another episode of Refresh Your Wealth, our annual show.

0:53.3

This is a big deal.

0:55.7

This is our annual show on year-end tax tips. Just what you've all been waiting for all 12 months of the year. This was your

0:59.7

Christmas present this year. We're delivering an early. Maybe it's a stocking stuffer.

1:05.4

Can I make it sound any better?

1:10.6

Yeah, man, I, I think some stocking stuffers, you know, sometimes the, you know, like the cash

1:16.2

and the stocking or, you know, the gift card, sometimes as you get older, those are the

1:19.8

things you appreciate more.

1:21.0

Yeah.

1:21.3

How many of you would like a little extra gift of $2,000 in tax savings?

1:26.7

Well, welcome to the show. Yeah, it's about to be unwrapped. That's right. And I'm not being facetious. I'm going to be bold enough to say this. If we don't come up with the strategy, we're going to throw out, we don't even know how many yet. We're just going to go for it today. And then that'll be the title of the show, 8, 10, 12. I don't know how many it is. But seriously, for all of you listeners, if we don't come up with at least one that could put $1,000 to $2,000 of extra tax savings on your tax return come next year, then you can call us a failure. I'll take it. My teenagers say it all the time. I'm, I'm,

2:02.8

you know, I'm resilient. Yeah. I used to it. Yeah. I just do it. So, okay, I think that's fair.

2:08.9

Can we up to that? Well, perhaps. We shall see. Let's, I also have to, I'll say this, though, those clients of ours, and we see it on their tax returns, I see it even myself doing my own dang tax return.

2:25.9

Because I'm doing a lot of these strategies we're talking about. I'm probably doing 60 to 70% of them.

...

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