In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen give you the blueprint for bulletproof asset protection. From LLCs to trusts to holding companies, find out the smart, cost-effective strategies that work without the extra fluff.

Here are some of the highlights:

• Mark & Mat break down the biggest asset protection scams and how shady promoters convince people to buy unnecessary LLCs, trusts, and offshore entities.
• Mat discusses when you should separate your real estate properties into multiple LLCs vs. keeping them together in one—so you don’t overcomplicate things.
• Mark reveals the truth about “anonymous LLCs” and how to use Wyoming holding companies for real privacy protection.
• How to build an asset protection plan that actually makes sense for your wealth level—so you don’t spend money on pointless legal structures.
• How to avoid setting up LLCs that end up costing you more in taxes than they save you in protection.
• Why your asset protection structure must match your tax return—or it could get torn apart in an audit or lawsuit.
• When you should separate your real estate properties into multiple LLCs vs. keeping them together in one—so you don’t overcomplicate things.
• How to legally minimize tax burdens while keeping your asset protection plan airtight.

• Grab my FREE Ultimate Tax Strategy Guide HERE!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification.
• You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
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BOI Reporting Fines Canceled for U.S. Citizens & Businesses!

Big news for U.S. business owners! The Treasury Department has announced that U.S. citizens and domestic businesses will not face fines or penalties for failing to file Beneficial Ownership Information (BOI) reports after new deadlines are set.

Last week, FinCEN confirmed that updated BOI reporting deadlines will be announced no later than March 21. However, Treasury has now clarified that they will not enforce penalties or fines associated with the BOI!

This decision comes as part of the Corporate Transparency Act (CTA) and is being positioned as a win for reducing regulatory burdens on small businesses. Treasury Secretary Scott Bessent stated that this move aligns with President Trump's goal of fostering economic growth by cutting unnecessary red tape.

What does this mean for you?

No fines or penalties for U.S. businesses and beneficial owners.
A significant shift in compliance obligations under the CTA.
Stay tuned for more updates as the final rule changes are announced!

Need Help Setting Up An LLC? Please check out my law firm here: https://kkoslawyers.com/

• Grab my FREE Ultimate Tax Strategy Guide HERE!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification.
• You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!

In this episode of the Main Street Business Podcast, Mark J. Kohler and Mat Sorensen break down tax-saving strategies for RV owners in 2025! Whether you're a weekend warrior or a full-time traveler, learn how to turn your RV into a business asset, claim deductions, and keep more money in your pocket.

Here are some of the highlights:

• Mark and Mat provide statistics on RV ownership, noting that 13% of US households own a recreational vehicle and 43 million Americans regularly go RVing.
• Mat discusses the concept of full-time RVers and the opportunities for work campers in RV parks.
• Mark explains the financial benefits of not selling one's home but renting it out as an Airbnb to cover RV expenses.
• How full-time RVers cannot write off their RV as a home but can write off a portion if it is used as a home office.
• Part-time RV owners should determine how many days a year they will use the RV and consider its potential business use.
• Mark points out that if an RV is 100% available for rent, it can be written off as a business asset.
• Mat highlights the flexibility of using an RV for both personal and business purposes, making it a versatile asset.
• The possibility of writing off mileage for business use when moving the RV for work.

• Grab my FREE Ultimate Tax Strategy Guide HERE!
• Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo to explore the Main Street Tax Pro Certification.
• You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
• Looking to connect with a rock star law firm? KKOS is only a click away!
• Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
• Craving more content? Check out my Instagram!