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Main Street Business

#601 Top 20 Year-End Tax Strategies Everyone Should Know!

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

🗓️ 19 November 2025

⏱️ 31 minutes

🧾️ Download transcript

Summary

Are you missing out on some of the most powerful year-end tax strategies available to small business owners and entrepreneurs? In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down 20 actionable moves you can still make before December 31 to save thousands on taxes and set yourself up for long-term financial success. From retroactive S-corp elections to HSAs, Solo 401(k)s, and smart income timing, this episode is your complete year-end playbook. Unlik...

Transcript

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0:00.0

These are deadlines and strategies that if you do not employ before 1231, you are SOL.

0:07.0

Every $10,000 that you pay yourself in profit instead of salary, that's a $1,500 tax savings.

0:13.0

And if you made more than 50 grand this year, profit, you're going to want to consider this.

0:17.0

Anything you know you're going to buy in January, pull the trigger on December 31st. Get the write-off now. It's about making a good economic decision, then grabbing the best

0:25.1

tax write-off. And you can invest that money however you want.

0:33.7

Welcome, everybody, to the Main Street Business Podcast and could be the most powerful cost-saving,

0:39.3

wealth-building podcast you've listened to all year, because we're talking about our top 20 tax,

0:47.1

strategies, and deadlines that you need to know about to save money and make money.

0:52.9

Matt, what did you think, Matt?

0:53.9

Is that a great intro? I don't know. Can you add to add to it? I think this can be the most powerful podcast you've ever listened to in your life. Because this is about saving money on taxes and there's a lot of things you need to know about by year end. And we get all these questions from our clients and our law firm at KQLS lawyers about what they can or can't do, what matters to me. We're going to hit them fast and furious with you here. We're going to hit 20. Now, maybe eight of these make sense for you. You might not be hitting all 20 of them, maybe three or four, but we want to hit them so you know what matters. And keep in mind, we do have a webinar at KQS Lawyers on this. So get over to KQOSRoyers.com where you can sign up for the webinar.

1:29.4

This is going to go far more detail in this.

1:46.5

But I'm excited. I don't know if you want to be lead off here, Mark, or if you want to defer. Yeah, I'll go ahead off. I want to say one other thing. We're going to, as Matt said, go quickly through this. November 19th, you can get over to KQSloyers.com. You'll see it in the show notes to sign up for the free webinar where we have eight to ten of our attorneys going through these more in depth

1:52.4

and answering questions in a one to an one hour to an hour and a half webinar. I'm not sure

1:57.6

where that is going to be yet. It's going to be a big one. So plan on the more in-depth webinar to get more questions answered.

2:05.6

Have a pen and paper handy.

2:07.3

Have your note app on your phone open.

2:10.2

Be ready to call your accountant, your tax advisor.

2:13.0

And if you don't have one, we can get you one over the Main Street Tax Advisor Network. It's going to also

2:19.9

be in the show notes where we have trained over a thousand accountants nationwide, CPAs, enrolled

2:25.9

agents and others, where you can find a new tax strategies if you need one. So everybody, buckle up.

2:32.6

These are deadlines and strategies that if you do not employ before 1231, you are S-O-L.

2:39.8

And I'm not talking statute of limitations.

...

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