The Tax and Legal Playbook - Game-Changing Solutions To Your Small Business Questions

The Tax Rules Have Changed. Your Business Should, Too.The Tax Cut and Jobs Act of 2017 marks the biggest tax reform in more than 30 years. The changes to the tax code are complex (especially for the small-business owner), but you don't have to go it alone. CPA and Attorney Mark J. Kohler delivers a comprehensive analysis of the new tax and legal structure you desperately need to help make the new tax law work for you.
In this revised edition of The Tax and Legal Playbook, Kohler reveals clear-cut truths about tax and legal planning and delivers a practical, play-by-play guide that helps you build wealth, save on taxes, and protect your assets. Using real-world case studies, tax-savvy tips, game plans, and discussion points, Kohler coaches you through the complexities of the tax game of the small-business owner. You'll also learn how to:

Examine your business needs and pick the right business entity for you

Build your personal and corporate credit in eight steps

Implement affordable asset protection strategies

Take advantage of underutilized business tax deductions

Pick the right health-care, retirement, and estate plans

Bring on partners and investors the right way

Plan for your future with self-directed retirement fundsReading from cover to cover or refer to each chapter as needed, you will come away wiser and better equipped to make the best decisions for your business, your family, and yourself.
About the Author
MARK J. KOHLER, CPA and Attorney, is the author of What Your CPA Isn't Telling You and The Business Owner's Guide to Financial Freedom. As a personal and small-business tax and legal expert, he helps clients build and protect wealth with wealth transformation strategies and tax and legal remedies often overlooked in this challenging, ever-changing economic climate.

List of contents

Contents

Acknowledgments

Introduction

Part I: Pre-Season Planning

Chapter 1: Your Game Plan for Success

Part II: Getting the Most From Your Business Entity

Chapter 2: Sole Proprietorships

Chapter 3: Limited Liability Companies

Chapter 4: S Corporations

Chapter 5: C Corporations

Chapter 6: Building Corporate Credit

Chapter 7: Maintaining and Protecting the Corporate Veil

Part III: Game-Winning Tax Strategies

Chapter 8: The Smartest Small-Business Tax Deductions

Chapter 9: Wise Health-Care Strategies

Chapter 10: Hiring Family Members for Tax Savings

Chapter 11: Buying Rental Properties

Chapter 12: The Importance of Bookkeeping

Chapter 13: Avoiding an Audit

Chapter 14: Tax-Saving Strategies for Selling Property

Part IV: Protecting Your Assets

Chapter 15: Affordable and Basic Asset Protection Strategies

Chapter 16: Privacy Measures vs. Hiding Assets

Chapter 17: Protecting Your Home from a Lawsuit

Chapter 18: Asset Protection in Marriage and Divorce

Chapter 19: Cutting-Edge Asset Protection Strategies

Part V: The Proper Approach to Partners and Investors

Chapter 20: Documenting a Partnership

Chapter 21: Bringing on Investors

Part VI: Planning for the Next Season

Chapter 22: Retirement Plan Options

Chapter 23: Self-Directing Your Retirement Funds

Chapter 24: Family Trusts and Estate Planning

Epilogue

Appendix A: Homestead Exemption by State

Appendix B: Tenants by the Entirety by State

Appendix C: Charging Order Protection Entities (COPE) and Series LLC by State

Index

About the author

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 and Sorensen, and the accounting firm of Kohler and Eyre, CPAs. Mark is a personal and small business tax and legal expert, who helps clients build and protect wealth through wealth management strategies, and 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 greater success and wealth. He lives in Ladera Ranch, CA.

Summary

The Tax Rules Have Changed. Your Business Should, Too.The Tax Cut and Jobs Act of 2017 marks the biggest tax reform in more than 30 years. The changes to the tax code are complex (especially for the small-business owner), but you don't have to go it alone. CPA and Attorney Mark J. Kohler delivers a comprehensive analysis of the new tax and legal structure you desperately need to help make the new tax law work for you.
In this revised edition of The Tax and Legal Playbook, Kohler reveals clear-cut truths about tax and legal planning and delivers a practical, play-by-play guide that helps you build wealth, save on taxes, and protect your assets. Using real-world case studies, tax-savvy tips, game plans, and discussion points, Kohler coaches you through the complexities of the tax game of the small-business owner. You'll also learn how to:

• Examine your business needs and pick the right business entity for you
• Build your personal and corporate credit in eight steps
• Implement affordable asset protection strategies
• Take advantage of underutilized business tax deductions
• Pick the right health-care, retirement, and estate plans
• Bring on partners and investors the right way
• Plan for your future with self-directed retirement funds

Reading from cover to cover or refer to each chapter as needed, you will come away wiser and better equipped to make the best decisions for your business, your family, and yourself.

Foreword

Publisher Marketing

Full-page ad in Entrepreneur print and digital magazine (3.1+ million readers/month)

Email campaign to minimum 340K Entrepreneur subscribers

Banner ads on Entrepreneur.com (audience 14 million unique visitors/month)

Book cover and text links within related articles and channels on Entrepreneur.com

Content campaigns shared via Entrepreneur’s social networks (13+ million engaged)

Digital galleys and press kits via NetGalley sent to top editors, reviewers, bloggers, and influential media contacts

Author Marketing

Email blasts and Social Networking to Current Fanbase

15,000+ email database

13,000+ Facebook followers

5,000+ Twitter Followers

19,000+ YouTube subscribers (740k views)

Weekly Internet Radio Show, “Refresh Your Wealth” , https://markjkohler.com/radio-show/

Monthly Newsletter

Online Feature Article campaign

Outreach to 1000+ Strategic Partners

Pre-order and launch campaign to authors’ in-house list of 15,000+ consisting of previous book and product purchasers, opt-in content subscribers, opt-in event attendees, and clients

Social Media campaign including milestone book messaging and updates pre-publish and value-add contests, content shares, etc. post pub

Book webpage on Mark Kohler’s website, markjkohler.com

Author speaking events: 15-20 are expected

Advanced copies will be gifted to a select group of clients and select contacts for early reviews

Product details

• Authors: Mark Kohler, Mark J. Kohler
• Publisher: Ingram Publishers Services
• Languages: English
• Product format: Paperback / Softback
• Released: 23.07.2019
• EAN: 9781599186436
• ISBN: 978-1-59918-643-6
• No. of pages: 348
• Dimensions: 152 mm x 224 mm x 25 mm
• Weight: 476 g
• Subjects: Guides > Law, job, finance > Taxes; Social sciences, law, business > Business > Management; Personal finance, Finance, BUSINESS & ECONOMICS / Finance / Wealth Management