16 Minutes of Brutally Honest Tax Advice

[@joshs.8003]

I love your authentic expression Mark! This is one of my favorite episodes

[@AtizaJuanita]

"Buckle up! Don't bend over for the soap" 😅😂

[@ScottJLetourneau]

Great content, Mark! Remember the multistate taxation rules for all of you who live in the U.S. and form an entity in another state. Years ago, I consulted with Deloitte on this issue; even with a management company in another state, in most situations, your LLC in one state would need to be foreign-qualified in your home state. You can choose which state to domicile your business if you are a non-resident on a different subject.

[@THEtaxstrategists]

Hobby rules mark?

[@jenifercausey4262]

Thanks for the info my brother!!! Love the delivery!!!

[@bryangreenleaf5001]

Mark- you rock dude. Like you, I’ve had it up to here with the BS every single American has had to live through over the last couple decades. Need I say more? No? Good. I’ve realized we are a human family and we need to care for one another instead of the shit we’ve been doing. I’m in. It’s time. The world is changing so it’s go time baby! If you need any help in the Austin TX area, let’s figure out how to help my brothers and sisters her in the lone star state. I’m signing up for your event. This is fun! Thanks amigo!

[@OffGridNorthIdaho]

Mark, love your strategies, love your passion. Don't love the bomb dropping.

[@ceciliacirrincione428]

Thank you Mark! Reaching out to your team. Is there time to file for S corp or LLC before the years out?

[@carneyave]

Oh my! New sub, Mark. I love your enthusiasm, and straight to the point honesty. Refreshing. Let’s go 2025!!

[@azsunvjp]

Best 16 Minutes 💥

[@markos9751]

I had no idea Danny Bonaduce became a tax professional…incredible.

[@corinasouthers9440]

Thank you!!! I need to join your program

[@j-p4194]

Mark is a savage and I love it 😅

[@apai811]

I lost it at the C Corp bleeping 😆🤣🤣🤣 And the expressions are meme worthy.

[@ademasres4288]

They said to me, “We are financial advisers.” At a gun point, they ordered me to sign a bunch of papers on my desk. To save my life, I signed them all papers. Since then they are controlling my money and my company. It’s now twenty years. Still today BOI did not even remove them. For that reason I am not able to pay my taxes properly. What can I do? I am 75 years old.

[@jmcenterprises9591]

Mark, your videos are awesome. I get screwed every year on taxes. Can you do a video just on tax free investments?

[@TechnicallyTosin]

I appreciate you for sharing

[@shirleyjgarland3576]

Thank you.

[@Capitalist_Pig314]

How do you feel about a simpler tax system? I was always intrigued by the fair tax initiative. As a businessman and being in construction, I’m sick and tired of making decisions based on tax considerations instead of business considerations . I think a nation with strategic tariffs on the borders and freewheeling, capitalism and simple taxation within the borders would be a recipe for success

[@elizabethg4942]

❤love the passion!

[@hptrans6605]

can you use capital gains from sale of stock to offset using depreciation ?

[@yaqian3806]

Hi Mark, should I set up the trifecta when I make less than 40k? I know the criteria for S corp is 40k minimum. Can I still move money to the 401k and such?

[@carriepinter7847]

Any advice on the best custodian for the self-directed IRA?

[@mikebarnes2294]

Mark Kohler and Matt Sorensen set up a self-directed custodial firm called Directed IRA.

[@plant4table]

This is very entertaining 😂

[@blacksuperman2657]

How do I hire you to set up my Revocable Trust?

[@tripstorm]

Another great video thanks 👍. However, have you got any experts specialising in UK Trusts, which also incorporate potential Crypto gains? Thanks

[@Jay-sy5yf]

Karlton Dennis just got smoked lol

[@JuanitoMarissales]

They collaborate!

[@richardhudson1243]

Because ROTH IRAs are tax-free, you'll be able to keep more of the money you've worked so hard to earn.I want to invest more than $300k, but I'm not sure how to go.

[@alan30189]

300,000 in your Roth? Definitely put some of it in the leading AI companies. I own Nvidia, Apple, and Microsoft and am killing it. Invest the rest in “dividend aristocrat” stocks that are also leaders in their fields. (I’ll let you look up dividend aristocrats). One last thing: Do not speculate on stocks.

[@ralph72462]

How do I get you as my CPA or financial advisor. If Trump does what he said he going to do and he usually does; well then I have a window of opportunity to make some moves but I am not at all wealthy so I would have to share with an expert where I am and build a smart plan for the future. Financial management is not really a strength for me I just have some pensions so forth. I don't have any trifecta nothing really setup I need you or someone like you to help me manage what I do have as smart as possible and start to build from there. I do have a financial advisor that handles my 403b but he is just really a republican for what he is selling and that's okay just that I need like you said someone on my side hired to represent me not anybody else that is in conflict with what is best for me. Advice help and thank you for sharing all that you shared on your videos.

[@ralph72462]

My text checker changed the word representative to Republican sorry hope the rest makes sense. I would appreciate it if I can contact your business as a client?