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.



    Autorentext

    Mark J. Kohler (ID, CA and UT) is an Attorney, Certified Public Accountant, and Entrepreneur. Kohler's principal career has been as a partner in the law firm Kyler, Kohler, Ostermiller, & Sorensen, LLP, where he specializes in the areas of business, estate and tax planning. Mark is the author of three previous books selling over 30,000 copies ("Lawyers are Liars", "What Your CPA Isn't Telling You", and "The Tax and Legal Playbook"). Mark has been hosting a national internet radio show weekly for the past 9 years, a regular contributor to Entrepreneur.com, national speaker and consultant for small business owners nationwide.



    Klappentext

    Attorney and CPA Mark Kohler targets the leading tax and business issues among small business owners, across all stages of business, and delivers a practical guide to the fundamental tax and legal conflicts faced by new and established entrepreneurs. Coached by Kohler, business owners are armed to seek out the right professionals relevant to their concerns, confidently ask the right questions, and ultimately, save time, money, and in many cases, potential heartache.

    Approaching each chapter the same way he approaches a client consult, Kohler delivers topic- or question-specific solutions illustrating each critical business matter with entertaining, real-world examples to educate flustered business owners, who are then presented with varied, clearly defined solutions and next steps for moving forward. Each "consultation" offers tools such as assessment quizzes, valuable details to know, possible pitfalls and deceptions, what strategies should always be practiced, and what new strategies or tactics are worth considering.

    Wowing readers with the clear-cut truths, thoughtful advice, and outside-of-the-box thinking shared in his many Entrepreneur.com contributions, speaking events, and previous books-What Your CPA Isn't Telling You and The Business Owner's Guide to Financial Freedom-Kohler presents a simplified look at the complex FAQs within the areas of legal and tax planning for business.



    Inhalt

    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

    Titel
    The Tax and Legal Playbook
    Untertitel
    Game-Changing Solutions To Your Small Business Questions
    EAN
    9781613084038
    Format
    E-Book (epub)
    Digitaler Kopierschutz
    Adobe-DRM
    Dateigrösse
    6.97 MB
    Anzahl Seiten
    348