Hold Your Family Board Meeting Immediately | Year End Tax Tips #4

[@mike2959]

Mark, great advice. Asking your grandparents of 70-80’s years while your kids of 15 years old are ALSO sitting is such a life lesson that no college, no school can provide. What an invaluable connection and bridge us 40-60 year olds can bring… And you’re DAMN right it’s going to be over some damn turkey!

[@allme7425]

Thank you, Brother Mark-this did it! My husband watched with me and we are going for a family board meeting before the end of the year and we are going to get things in order Mike and Jana, TX

[@SaurabhTiwari-m9d]

Love this tax tip! Never thought about writing off a family board meeting, genius! Definitely sharing this with my family and friends, thanks for the advice!

[@GrantLydon]

Recently found this channel. Love the content and grateful to you for teaching. I have shared this with many of my friends and family running their own businesses. Happy Thanksgiving!

[@jmcenterprises9591]

Thanks Mark, for this super informative video. I wonder whether you have any tutorials on marketing. The tax info is much needed and appreciated.

[@logarttreiton2569]

can you make a video for foreigners that want to move their assets to the US, Real estate, crypto, etc? How would we do it to pay as little as possible and to secure our assets? like, what would be the first step?

[@bucky8346]

Can You do this if You don’t have an LLC and are just a 1099? Just started a side hussle and waiting to make sure this is gonna take off before investing in LLC

[@lillianpark7321]

Can you do all of this even if you're not getting income into the business?

[@hoffgroup9106]

Can I back date an LLC to cover a meeting this December or do I need the LLC beforehand? 1099 only at this point. Family is all meeting out of town.

[@ExjanaH]

Do you have to have the whole family? Could it just be me, my brother & my husband?

[@genalyncarrillo8818]

Can you still do write off if your LLC doesn't have a profit yet?

[@psiked]

Your LLC would have tax implications and business expenses even without a profit. If you have a business, how did it lose $ to begin with? If you supply a good or service to someone else, you had an expense somewhere to get from point “A” to tax season

[@ExjanaH]

Or could it just be me & my husband without the whole family on either side?

[@THEtaxstrategists]

Mark, I think you have caught a case of the Karlton Dennisitis! I used to think you were a legit tax consultant. Very sad.

[@BostonBaby1000]

Lame. Why not take advantage of the things big corporations do? Why can’t the little guys have the same benefits? This is why I’d hire him before I hire you. What do we need you for?

[@THEtaxstrategists]

@BostonBaby1000 i am not trying to build a practice/gain clients. Just using my 35 yr+experience as a tax pro shining light on aggressive strategies. Note that he admits "the cruise strategy no longer works..." he probably advised such in the past. And karlton amd Karla? Gimme a break!!!

[@BostonBaby1000]

@ so you use the fact that he gives more helpful advice (don’t try to use the well-known cruise write off anymore) and then add a baseless accusation that he probably did that in the past. You’re a logical fallacy nightmare.

[@THEtaxstrategists]

​@@BostonBaby1000do you listen to karltons and karlas advice too?

[@THEtaxstrategists]

​@@BostonBaby1000he admiys je is turning a personal expenditure (thanksgiving) into a biz expense. Will not end well...btw. happy thanksgiving!!