#588 Tax Strategy Q&A: Mega Backdoor Roth, RV Write-Offs, and LLC Mistakes

Main Street Business

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2M ago 41:22

MP3•Episode home

Mark Kohler and Mat Sorensen are back for another Open Forum episode of the Main Street Business Podcast — answering real tax, legal, and wealth-building questions from listeners across the country.

In this episode, they cover advanced strategies and insider tips for:

The Mega Backdoor Roth: How it works and who can use it
Maximizing vehicle deductions and depreciation the smart way
Fixing a broken S-Corp partnership structure
LLCs vs. business trusts in California
Solo 401(k) contribution strategies to hit the $70K cap
Combining multiple accounts in a Multi-Member IRA LLC
RV write-offs: What full-time RV entrepreneurs can (and can’t) deduct

Whether you're a business owner, investor, or just want to stop overpaying the IRS — this episode is packed with strategies and answers that could save you thousands.

Grab my FREE Ultimate Tax Strategy Guide HERE!
You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: Main Street 360
Looking to connect with a rock star law firm? KKOS is only a click away!
Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
Craving more content? Check out my Instagram!

Chapters

1. Intro to Main Street Business Podcast (00:00:00)

2. The Mega Backdoor Roth Strategy (00:01:14)

3. Vehicle Depreciation Tax Rules (00:06:45)

4. S-Corp Partnership Pitfalls (00:14:24)

5. Business Trusts vs LLCs in California (00:21:07)

6. Solo 401k Contribution Strategy (00:24:30)

7. Multi-Member IRA LLC Rules (00:32:00)

8. RV Business Tax Deduction Options (00:34:20)

703 episodes

#Taxation #Business #Estate Planning #MBA #Entrepreneur #Mark J Kohler #Mat Sorensen #Mark J Kohler And Mat Sorensen #Tax Strategies #Legal Compliance #Business Structure #Tax Tip #Accounting #Irs Updates #Financial Reporting #Tax Prep #Tax Reform

#588 Tax Strategy Q&A: Mega Backdoor Roth, RV Write-Offs, and LLC Mistakes

Main Street Business

84 subscribers

published 2M ago

MP3•Episode home

In this episode, they cover advanced strategies and insider tips for:

The Mega Backdoor Roth: How it works and who can use it
Maximizing vehicle deductions and depreciation the smart way
Fixing a broken S-Corp partnership structure
LLCs vs. business trusts in California
Solo 401(k) contribution strategies to hit the $70K cap
Combining multiple accounts in a Multi-Member IRA LLC
RV write-offs: What full-time RV entrepreneurs can (and can’t) deduct

Whether you're a business owner, investor, or just want to stop overpaying the IRS — this episode is packed with strategies and answers that could save you thousands.

Grab my FREE Ultimate Tax Strategy Guide HERE!
You don't want to miss this! Secure your tickets for the most significant business, tax & legal event of the year: Main Street 360
Looking to connect with a rock star law firm? KKOS is only a click away!
Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute discovery call to explore the Main Street Tax Pro Certification.
Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
Craving more content? Check out my Instagram!

Chapters

1. Intro to Main Street Business Podcast (00:00:00)

2. The Mega Backdoor Roth Strategy (00:01:14)

3. Vehicle Depreciation Tax Rules (00:06:45)

4. S-Corp Partnership Pitfalls (00:14:24)

5. Business Trusts vs LLCs in California (00:21:07)

6. Solo 401k Contribution Strategy (00:24:30)

7. Multi-Member IRA LLC Rules (00:32:00)

8. RV Business Tax Deduction Options (00:34:20)

703 episodes

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Main Street Business « » #588 Tax Strategy Q&A: Mega Backdoor Roth, RV Write-Offs, and LLC Mistakes

Chapters

1. Intro to Main Street Business Podcast (00:00:00)

2. The Mega Backdoor Roth Strategy (00:01:14)

3. Vehicle Depreciation Tax Rules (00:06:45)

4. S-Corp Partnership Pitfalls (00:14:24)

5. Business Trusts vs LLCs in California (00:21:07)

6. Solo 401k Contribution Strategy (00:24:30)

7. Multi-Member IRA LLC Rules (00:32:00)

8. RV Business Tax Deduction Options (00:34:20)

#588 Tax Strategy Q&A: Mega Backdoor Roth, RV Write-Offs, and LLC Mistakes

Chapters

1. Intro to Main Street Business Podcast (00:00:00)

2. The Mega Backdoor Roth Strategy (00:01:14)

3. Vehicle Depreciation Tax Rules (00:06:45)

4. S-Corp Partnership Pitfalls (00:14:24)

5. Business Trusts vs LLCs in California (00:21:07)

6. Solo 401k Contribution Strategy (00:24:30)

7. Multi-Member IRA LLC Rules (00:32:00)

8. RV Business Tax Deduction Options (00:34:20)

Podcasts Worth a Listen

Welcome to Player FM!

Similar to Main Street Business

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#588 Tax Strategy Q&A: Mega Backdoor Roth, RV Write-Offs, and LLC Mistakes