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Main Street Business

331: OPEN FORUM SHOW - Answering difficult tax, legal & business questions

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

🗓️ 18 March 2021

⏱️ 72 minutes

🧾️ Download transcript

Summary

Join Mark and Mat as they answer difficult tax, legal, and business questions from around the Nation. To listen or search for prior episodes, or sign up for their Weekly Free Newsletter, visit www.mainstreetbusiness.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: Main Street 360 Looking to connect with a rock star law firm? KKOS is ...

Transcript

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0:00.0

Welcome, everyone to the Main Street Business Podcast with Mark Kohler and Matt Sorensen.

0:12.0

We're recording today on St. Patrick's Day.

0:15.6

And I just want to note as evidence of the video version of this, which you can get on Mark Kohler's

0:21.3

YouTube channel. I'm wearing green. Mark is not. That looks more like turquoise.

0:27.9

That's just bad lighting. It's green. Okay. All right. I am holding a golden Bitcoin. So for

0:37.1

those people who see this, you can go to YouTube and see what a real but a Bitcoin

0:42.4

looks like.

0:43.4

This is a golden egg, just for any of you to know if you don't, if you're not getting the joke.

0:47.6

It's not a great one, but it's a joke.

0:50.6

Jeez.

0:52.5

Yeah.

0:53.2

So is that a pot of gold?

0:54.8

Is this the St. Patrick's Day?

0:56.2

Yeah.

0:56.3

So I did shoot a video for St. Patrick's Day and said that this is your chance to give yourself a gift on St. Patrick's Day.

1:03.6

Put a little gold in your Roth IRA.

1:06.1

So if you already have your directed IRA account set up, you can call the team over there and just

1:12.4

say, hey, can you give me a list of some precious metal dealers? It's a wild crazy jungle out there

1:18.5

of precious metal dealers, but we have a few that we recommend you do your due diligence on.

1:23.0

You could buy a little gold right on your side of your Roth. There you go. Yeah, absolutely.

1:28.0

You buy gold, silver, platinum, or palladium. Those are the four precious metals you can own in your IRA. What about a zirconian? I can't buy zirconian. No, that doesn't work. That's, you know, that's what you get for your, that's what you get instead of a diamond for, you know. I told my wife it was a precious, precious stone.

1:45.6

It's more precious than diamonds.

...

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