Welcome to the Main Street Business Podcast with your distinguished hosts, Mark J. Kohler and Matt Sorensen.

Both are best-selling authors and have over 25 years of industry experience with 10,000 client consultations,

making them the leading tax and legal experts in the nation.

Together, they'll unpack the most complex tax, legal, and financial strategies,

crucial for saving more,

stressing less, and building generational wealth. Today, they're your personal advisors.

Ready to break it down for you and make the tax and legal game easier than ever. Here is Mark and

Matt. IRS allows you to run out for a primary residence to your business for up to 14 days a year. The business gets a tax deduction. You don't have to recognize the personal income. I can get all the way up to $1,000 a day. That's $14,000 tax deduction and $14,000 tax free for me. Stock markets up, crypto's up, interest rates are going down. Holy crap. Inflation will

follow. It's a domino effect. This is a time to move forward, invest in your future, invest in your

business. Looking at your payroll at the end of the year is a strategy that every business owner

can take advantage of to minimize the taxes. There's no point of paying extra fika if we don't

need to.

Welcome to another episode of the Main Street Business podcast.

My name's Mark Kohler, and I have the honor and pleasure to introduce my special guest today,

Carter Cofield, owner of Melanin Money, a CPA working out of Dallas, Texas,

a major influencer in the tax and legal industry, an absolute force in our Main Street Tax Pro program serves on our board of advisors. He's impacted so many business owners over the years

and across the country. It's an honor to be Carter's friend and also a co-professional

in this crazy industry. Carter, thanks for being here today. So happy to be here. Had a great

weekend together. And we're going to keep it going. That's right. And for those that don't know,

I'm sure, unless you've seen some social media post,

Carter and I were at a board of directors retreat in Charleston, South Carolina, and just had a good time socializing and eight plus hours in a boardroom, just powwowing on ways to make the industry

better. Yeah, it's been good. It's been good. Well, Carter, thanks for finding the time to be here on the podcast today. And the plan was, we were just going to riff. We're going to, you know, for those, that's, you know, rock and roll term for those that, you know, don't know, we're going to riff on tax and legal strategies, especially year-end tax tips. So we're just going to go for it.

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