CPA - medium firm
Small Business Owner
The 2024 deadline to set up a Solo 401(k) with maximum benefit for S-Corporation owners is December 31st. Many tax advisors don’t understand the best way to optimize the perfect amount of payroll for an S-Corp owner to maximize the benefits of their 401(k) and minimize Federal Insurance Contributions Act (FICA) contributions at the same time.
In this webinar, our presenter will teach the contribution strategy of the "Mega Back Door Roth," a strategy based on the Solo 401(k) that includes how business owners can "self-direct" their 401(k) to purchase real estate, cryptocurrencies, and other alternative assets. This strategy includes the "Roth chunking" strategy and an additional strategy that involves doing Roth conversions from within a 401(k). In this webinar, our presenter, Mark J. Kohler, CPA and Attorney, will explain 13 benefits of the Solo 401(k) and debunk many of the misconceptions of what can and cannot be done with the Solo 401(k) strategy.
Learning Objectives:
- Identify the deadlines and contribution strategies for setting up the Solo 401(k)
- List the deadlines in 2025 for 2024 tax deductions or Roth contributions
- Evaluate the proper payroll level for S-Corp owners based on their 401(k) contribution goal
- Recognize how a taxpayer can self-trustee and self-direct Solo 401(k) plan assets
- Outline how to fund the "Mega Back Door Roth" strategy and complete Roth chunking inside a 401(k)
- Evaluate the strategy of when to pay a spouse and how to fund their Solo 401(k) account
Mark J Kohler, CPA JD PC
Mark J Kohler, CPA JD PC
CPA, Attorney, Business Adviser, National Speaker, and Best Selling Author
[email protected]
(855) 612-5701
Mark J Kohler, CPA, J.D. is a highly respected Founding and Senior Partner at KKOS Lawyers, a law firm that specializes in tax, legal, wealth, estate, and asset protection planning for clients. In addition to being a YouTube personality, best-selling author, and national speaker, Kohler is known for his unwavering commitment to helping clients build and protect their American Dream through expert guidance on navigating the complex maze of legal, regulatory, and financial laws.
In addition to his work at KKOS, Mark is the Chief Financial Officer and on the Board of Directors for the Directed IRA Trust Company. Most recently, he transitioned away from the accounting firm he founded to launch the Main Street Certified Tax Advisor Program. His goal is to train thousands of CPAs and Enrolled Agents around the country on his strategies and in turn change the lives of millions of small business owners in America.
Along with being a best-selling author of four books including, “The Tax and Legal Playbook”, Mark is a co-host of two popular podcasts with his partner Mat Sorensen, The Main Street Business Podcast and The Directed IRA Podcast. Co-hosts Mark J. Kohler and Mat Sorensen discuss complex subjects about legal and tax strategy, asset protection, retirement, investing, and growing wealth in an engaging and charismatic way that is easy for everyone to understand.
Through his work at KKOS and beyond, Mark is dedicated to helping entrepreneurs and small business owners achieve greater success and financial security. His expertise and guidance have helped countless individuals and businesses navigate the complex world of finance and business with confidence and ease.
About Our Presenter
Mark J. Kohler has literally impacted millions of Americans and is the professional small business owners are starving for!
He is educated and licensed to give the advice you need. Too many ‘influencers’ are trying to influence without any real credentials. Mark is a CPA and Attorney who is licensed authorized to give legitimate tax and legal advice you can rely on.
He is a practitioner and does what he preaches. He stands behind his advice and has completed over 10,000 consultations with clients over his career. He is currently a senior partner in the law firm Kyler, Kohler, Ostermiller & Sorensen.
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