4 Strategies To BEAT Year-End Taxes w/ Karlton Dennis

Поделиться
HTML-код
  • Опубликовано: 25 окт 2023
  • Learn YEARS Worth Of Knowledge In Just 5 Days at the Tax Free Wealth Challenge with Karlton Dennis! www.thetaxfreewealthchallenge...
    Secure your tickets to my most significant tax & legal event of the year! CPAs, Attorneys, Business Owners, AND Entrepreneurs! You don't want to miss this event! Phoenix, AZ - Nov 30 thru Dec 2 @ www.taxandlegal360.com/
    Ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo: markjkohler.as.me/
    Curious what my new certification is all about? Check out: markjkohler.com/become-a-cert...
    Looking to connect with a rock star law firm? KKOS is only a click away: kkoslawyers.com/
    Grab my FREE Ultimate Tax Strategy Guide: markjkohler.com/contact/
    Take control of your retirement! Schedule a new account call with Directed IRA: directedira.com/appointment/
    Are you a new business owner? You need to check out: mainstreetbusiness.com/
    Stay in the loop on Facebook: / markkohler
    Craving more content? Instagram's where it's at: / markjkohler
    Ready to team up with me? Here's your doorway to great things: linktr.ee/MJKRUclips
    I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE
    If you liked the video, please give it a "Thumbs up!" and please subscribe to see more!
    #Scorp #LLC #smallbusiness #Taxes #avoidtaxes #paylesstaxes #wealth #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw
  • РазвлеченияРазвлечения

Комментарии • 62

  • @Urla..
    @Urla.. 8 месяцев назад +77

    Increasing tax rates are the reason I rolled over my 401k to a Roth. I don’t want to be 59 paying taxes on current income on withdrawals made from my retirement account.

    • @RafetMert-qs3kw
      @RafetMert-qs3kw 8 месяцев назад +2

      Pre-tax contributions may help reduce income taxes in your pre-retirement years while after-tax contributions may help reduce your income tax burden during retirement.

    • @HermanOberg
      @HermanOberg 8 месяцев назад +1

      Both have their perks but you can also save for retirement outside of a retirement plan, such as in an individual investment account or employing the services of a retirement planner/investment advisor.

    • @Urla..
      @Urla.. 8 месяцев назад +1

      I have thought about it, but haven't figured out how to get consultation, I don’t live in a big city.

    • @Urla..
      @Urla.. 8 месяцев назад +1

      What is her fee structure like? Are her services available to about anyone? Can you share more details?

    • @bradlucass
      @bradlucass 8 месяцев назад +1

      Impressive, I took a look at your advisr. I set up an appointment. I’m looking forward to her reply, I hope she sees my message.

  • @user-cario
    @user-cario 9 месяцев назад +26

    Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 7k in March 2023...

    • @essalvadormata4352
      @essalvadormata4352 9 месяцев назад +4

      I'm new to investing, can you guide me on how you do it?

    • @user-cario
      @user-cario 9 месяцев назад +3

      I engage in various prolific investments by compound interest & leveraging and as well operating with an investment professional, Charles Lucas. So far, I've attained returns over 12k this month.

    • @robhochsteindickey1269
      @robhochsteindickey1269 9 месяцев назад

      Wait are you trying to say he's too good and I can trust him because I've lost quite a good number of coins in the current dip, just hope I find a way to recover from such a massive loss.

    • @camilacarlos9030
      @camilacarlos9030 9 месяцев назад +5

      Yes, his name is Charles Lucas.
      I'm from Australia I used to take loan from the bank for surviver but after trading $2k with Mr. Charles he changed my financial status for real. Most people think investing in crypto is all about buying coins and leaving it to rise, come on, it takes much analysis to be a successful crypto trader. Allow a good professional trader to handle your trades, with a little capital you...

    • @tracylilian1886
      @tracylilian1886 9 месяцев назад +5

      I saw a lot of this and thought it was all lies, not until I texted him and had a few conversations with him that made me invest $2,000. After that, I'm proudly one of his investors.

  • @justinsilo
    @justinsilo 9 месяцев назад +15

    Two of my favorite tax strategist. You guys should do more shows together.

  • @creedsmith134
    @creedsmith134 9 месяцев назад +4

    These dudes seem cool as hell lol! Idk why but whenever I watch Mark and Karlton, I wanna hangout with them

  • @amaligio
    @amaligio 7 месяцев назад

    Love, love, love the energy in this collab! Lots of gold nuggets, as always!

  • @tuanshomes
    @tuanshomes 3 месяца назад

    So much good strategies! Love it!

  • @MrJoeCaffeine
    @MrJoeCaffeine 9 месяцев назад +2

    LOVE YOU GUYS!!!

  • @AmericansBee
    @AmericansBee 6 месяцев назад +1

    Wow, I'm glad to hear you're from the TriCities. I'm in Kennewick. Awesome videos. I just formed an LLC and applied for the St. business license.

  • @synergy90t
    @synergy90t 9 месяцев назад +1

    Great episode guys!

  • @lunamorris2091
    @lunamorris2091 8 месяцев назад

    Your content helped me a lot to take my doubts, thank you very much

  • @hectora.vasquez3281
    @hectora.vasquez3281 9 месяцев назад

    Great stuff... thank you!.......

  • @Locum-ms6gd
    @Locum-ms6gd 8 месяцев назад

    I love these guys!!!

  • @anujgupta9293
    @anujgupta9293 9 месяцев назад +1

    Both of my favorite

  • @paul4pres08
    @paul4pres08 9 месяцев назад +1

    To add my tip, on top of these tips, … sign up for (AND USE) a biz credit card with a high sign up spend bonus to purchase that very same office equipment mentioned in the video… getting all of those tax benefits and then even getting $900+ back as a card spend bonus ;) (or airline miles for that matter.. w/e your flavor)

  • @user-nm7wb6we5s
    @user-nm7wb6we5s 9 месяцев назад +1

    Why am I just finding your channel!! I would love your help/advice or maybe another video idea. You have amazing videos on IRAs. With me at 52 and retired and don’t have any earn income coming in. But have big cash that I will be soon investing in the market. What are some tricks to be able to use a Roth IRA. Especially at my age to be able to catch up before 59.5 years old?

  • @victoriastathis6677
    @victoriastathis6677 9 месяцев назад +1

    Excellent discussion. Thank you!

  • @ELIMindfulInvestor
    @ELIMindfulInvestor 9 месяцев назад

    Please do more ESA and how we can get loans from our solo 401k

  • @leonliang3030-1
    @leonliang3030-1 9 месяцев назад +1

    does IRS have limition on car depreciation? what i remember is $19,200 max in 2023?

  • @brutewarrior
    @brutewarrior 9 месяцев назад

    "fair share" lol good one

  • @bolan2usa
    @bolan2usa 9 месяцев назад

    Can you still contribute to a solo Roth 401K if I already max out in my company 401K?

  • @aljenabi3230
    @aljenabi3230 9 месяцев назад

    If i make less than 10 k off my llc but 235k off my w2 , then should keep llc not conv to S?

  • @kasiwilliams5927
    @kasiwilliams5927 9 месяцев назад

    Great episode guys!!!
    I did the vip tax challenge but wasn’t interested after day two I have better use of 50k.

  • @IceTeaMan022
    @IceTeaMan022 9 месяцев назад

    how does the auto bounus deprecation with a 6000 lb truck at 80k work if you are an LLC and you dont make more than 80k in the llc, I do have w2 income > 80k from my day job

  • @richardbryanesq
    @richardbryanesq 9 месяцев назад

    Teenagers know everything. Too funny!!

  • @mymoneyskills
    @mymoneyskills 9 месяцев назад

    Thank you for this! Question: if you put your kids on payroll, do you have to pay unemployment insurance for them? In Wyoming, they make you pay it and they don't allow an exemption for them. 😞

    • @tgere79
      @tgere79 9 месяцев назад

      I'm not an advisor, but what if you 1099 then instead?

  • @clubimage801
    @clubimage801 9 месяцев назад

    Don't you still have to pay and withhold Social Security and Medicare when you pay your child a salary?

  • @Jeff-gt2xu
    @Jeff-gt2xu 9 месяцев назад +1

    The day after guys???? Wouldn't that make you "Plan B" just by definition?

  • @angieharris8015
    @angieharris8015 9 месяцев назад

    The next best thing is an FSA, for those who love their Cadillac insurance (like I do).

    • @CC-te4jz
      @CC-te4jz 9 месяцев назад

      What’s Cadillac insurance?

    • @angieharris8015
      @angieharris8015 9 месяцев назад

      @@CC-te4jz It's a traditional employer-sponsored health plan (whether it be a PPO or HMO insurance).

    • @angieharris8015
      @angieharris8015 9 месяцев назад

      Informally, a Cadillac plan is any unusually expensive health insurance plan, usually arising in discussions of medical-cost control measures in the United States.[1][2][3][4] The term derives from the Cadillac automobile, which has represented American luxury goods since its introduction in 1902,[1] and as a health care metaphor dates to the 1970s.[1] The term gained popularity in the early 1990s during the debate over the Clinton health care plan of 1993,[1] and was also widespread during debate over possible excise taxes on "Cadillac" plans during the health care reforms proposed during the Obama administration.[1] (Bills proposed by Clinton and Obama did not use the term "Cadillac".)
      (from Wikipedia)

  • @pinnacleroofing9841
    @pinnacleroofing9841 9 месяцев назад

    can you pay a kid 13k and then charge 12k in rent, or for car or...?

    • @theresagomez2605
      @theresagomez2605 7 месяцев назад

      Your child should pay all of their expenses like clothing, car insurance, gas, tuition, etc. You probably don't want to charge rent or anything that shows it coming back to you.

  • @PuroNonsense
    @PuroNonsense 6 месяцев назад

    thats the same type of man that would brake those windows by bloody hands if he had to for his family

  • @miragexl007
    @miragexl007 6 месяцев назад

    Glad to waste some of my time to not be in a business owner or into real estate.. That can take a lot of advantages of the system . But just being a normal worker.

  • @user-no4ij8lx6w
    @user-no4ij8lx6w 4 месяца назад

    حلم 💭 ،،،،،،،،،،،،،،،،،حلم حلم 💭 حلم 💭 حلم 💭

  • @KetoCoachA
    @KetoCoachA 3 месяца назад

    The silent thorn in my foot is SELF EMPLOYMENT TAXES 🥹