334: OPEN FORUM SHOW - Answering difficult tax, legal & business questions
Main Street Business
Mark J Kohler and Mat Sorensen
2.4 • 584 Ratings
🗓️ 16 April 2021
⏱️ 69 minutes
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| 0:00.0 | Welcome everybody to another episode of the Main Street Business Podcast. |
| 0:10.1 | My name is Mark Kohler, yours truly, and I'm here with the amazing Matt Sorensen, |
| 0:14.9 | here talking about small business, legal, tax, business strategies, self-directing a little bit because we have a sister podcast that focuses |
| 0:24.2 | on you investing your retirement account of what you know best but today's open forum our special |
| 0:29.3 | day man yeah this is this is the special day for the listeners this is where we talk about what |
| 0:35.7 | you want to talk about when you're like guys guys, stop talking about this dumb stuff. Okay, then submit a question at Mainstreetbusiness.com, |
| 0:43.6 | submit a question. You can go right there on the homepage to submit that. And you can see we've |
| 0:47.4 | got a lot of questions in there. We've had a lot posted through social. Mark and I are just |
| 0:53.6 | going to try and have some fun, say something smart, |
| 0:56.0 | maybe give you a tip that one of the fellow listeners has put in, or maybe you've got your own |
| 1:00.6 | question in the queue you're waiting for us to get to. So thanks for everyone for submitting all |
| 1:06.3 | those. We do have a lot. This might be a record number of questions. I can't say we'll get to all |
| 1:10.2 | them. Yeah. There's been a record number of submissions. Yeah, I'm going to say we're not getting to get to them all. But we're going to try to do as combine, divide, conquer, whatever generals would do on the line of a battle. You know, they're just going to say, let's knock out. We're going. Outflank it. Yeah, we're going to link all these questions. That's right. It's going to nuke some of them. Just do them all at once. Let me help out. Buy low, sell high. There you go. That just solved at least half the questions. Yep, yeah. All right, a couple current events. Yeah, news in the news, first of all, April 15th, usually April 14th is a nutty day. |
| 1:54.4 | Tomorrow would be tax day normally. It is not. For those that have been living under a rock or on a boat traveling across the world on |
| 2:02.1 | the ocean and you're just tapped in. It's going to be May 17th. That's the day. |
| 2:08.1 | Yeah. So if you normally make a deposit with your taxes or you're worried about filing an |
| 2:14.3 | extension, you're not prepared, there are no penalties, no interest if you |
| 2:20.5 | wait until May 17th for what you would normally deposit for your 2020 taxes. However, if some of you |
| 2:30.3 | are still making your, for those of you that need to make your regular 2021 first |
| 2:36.7 | quarter deposit those are due tomorrow so uh those that are doing payroll reports for first |
| 2:43.4 | quarter 21 2021 those are still due by the end of this month so it's's just your 1040 stuff, really, that you need to. |
| 2:53.6 | Yeah. |
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