Blog Articles
KKOS Lawyers Blog
When Does a ‘Reverse’ Retirement Rollover Make Sense?
Does it ever make sense to roll over/transfer an IRA to a 401(k)? This is sometimes called a ‘reverse rollover’, and the answer is YES. Here are 5 instances that could save you big-time!
Partnerships and S-Corporations | Like Oil and Water, they don’t Mix
The S-Corp partnership acts like a pair of handcuffs when it comes to tax strategy. Saving SE Tax is secondary to the flexibility partners need in tax planning.
Just Throw the Ball: How to Get Your Business Off the Ground
Deven L. Munns, Esq. Starting a successful business can be highly technical and knowing how to do it right can make or break your business. To start the business right, you need to: Come up with a business idea you think would make money. Determine what products or...
Mat Sorensen’s Blog
Mat has been at the forefront of the Self-Directed IRA industry since 2006. He’s CEO of Directed IRA, a partner at KKOS Lawyers, a national speaker, a top-ranked podcast host, a best-selling author, and a self-directed retirement investor. Mat is a VIP Contributor at Entrepreneur and is an expert author at Cryptopedia.
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Mark J. Kohler’s Blog
Mark J. Kohler, M.Pr.A., C.P.A., J.D., is a best-selling author, national speaker, radio show host, writer and video personality for Entrepreneur.com, real estate investor, senior partner in the law firm Kyler, Kohler, Ostermiller & Sorensen, and the accounting firm of Kohler & Eyre, CPAs. Mark is a personal and small business tax and legal expert who helps clients build and protect wealth through wealth management strategies, as well as business and tax remedies often overlooked in this challenging, ever-changing economic climate. His seminars have helped tens of thousands of individuals and small business owners navigate the maze of legal, regulatory, and financial laws to achieve greater success and wealth.
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Estate Planning
The Trustee, Executor and Guardian: The Estate Plan Trifecta
Many people ask us on a regular basis 'who' is going to carry out their wishes when they're gone. All of us should have a Will or Trust, but the 'people' that are going to implement it can be a big question mark sometimes. It's common to be concerned about who will...
Your Estate Plan and its Supporting Cast: Mini-Me, Thor, The Office, and The Titanic
When most people hear about an estate plan, they normally associate it with a trust. Certainly the trust is the lead actor in the estate plan because the trust is designed to set forth the plan or instructions for what will happen to your assets in your trust upon...
Who Should be the Beneficiary of Your Life Insurance?
Life insurance is an integral part of financial and estate planning for many. In most cases, people purchase life insurance in order to protect their spouse, children, and/or others who are financially dependent on them from becoming indigent in the event they die....
Business Formation
Side Hustle Income: Does a C-Corp Make Sense?
By Kevin L. Kennedy, Esq. Let’s say you have a day job working for someone else, but you’re also trying to start a side business. You hope that one day you can leave your ‘day job’ and work for yourself full-time. Maybe this sounds familiar to you. Your first...
What Tax Law is Haunting NYC?
Deven L. Munns, Esq. New York City has a lot to offer when it comes to world-class entertainment, dining, and sightseeing: Rockefeller Center, the Museum of Natural History, the Brooklyn Bridge, Time Square, and Broadway! However, unbeknownst to visitors to this...
Asset Protection 101: Separate Your Business from Your Assets
By Kevin Kennedy, Esq. Whether you’re a retailer, a broker, a doctor, etc., you know that renting commercial office/retail space can be your most expensive operating cost. You also know that one of the ways to build wealth is to invest in real estate. For these...
Tax Savings
Opportunity Zones when Selling Real Estate Could Save You Thousands
Deven L. Munns, Esq. Opportunity Zones (OZ) investments were created under the recent passage of the Tax Cuts and Jobs Act (TCJA) and designed to help states jumpstart communities that historically have struggled economically. In theory, they have a two-prong benefit;...
What Tax Law is Haunting NYC?
Deven L. Munns, Esq. New York City has a lot to offer when it comes to world-class entertainment, dining, and sightseeing: Rockefeller Center, the Museum of Natural History, the Brooklyn Bridge, Time Square, and Broadway! However, unbeknownst to visitors to this...
What US Citizens must report with Foreign Property or Bank Accounts
Individuals for which the FATCA rules apply are required to self-report their foreign assets every year.
