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Main Street Business

351: 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 August 2021

⏱️ 67 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 free weekly 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 Sorenson.

0:11.4

We're excited to be with you today on the Open Forum episode.

0:15.3

This is your episode.

0:16.9

That's right.

0:17.3

It's Q&A time.

0:18.7

And so we're going to do our best to answer your questions or have your questions answered Q&A.

0:25.6

I'm trying to make sure I get all the vernacular down. I just ran into the studio eating in a breakfast burrito.

0:31.0

And I said, he said, what kind of breed is that? And I go, breakfast burrito. I'm eating breakfast and lunch. And he goes, Mark, we have a word for that. It's called brunch. Yeah. It's called brunch. But I don't think that breakfast burrito from the gas station, you can technically call brunch. It did feel like brunch. Yeah. It didn't go down like breakfast. Yeah. when I was walking outside of the truck shop, they're like, free mimosa?

0:55.8

That, that, that. Mimosa. Yeah. Don't go down my friend. Yeah. When I was walking outside of the truck shop, they're like, free mimosa?

0:58.8

That didn't happen.

0:59.3

Yeah.

1:02.5

Well, thanks to everyone for being here.

1:04.1

As we said, it's open forum show.

1:08.4

That means we're going to take your tax legal asset protection, wealth building questions.

1:09.4

Today, Mark and I are both tax attorneys.

1:12.3

Mark's a CPA.

1:13.5

I also am CEO of directed IRA, our trust company for self-directed retirement accounts.

1:18.7

We're just out here answering your questions for free.

1:23.7

You decide if they're worth anything, but they're free.

1:26.3

So, nope.

1:28.8

Full refunds are offered on these questions, by the way. Yeah, full refunds. Yeah, we like to have fun on the show.

1:33.3

So hopefully those that are new to the show, appreciate the, some might call it humor. Some might

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