MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

Don't Miss These Tax-Saving Opportunities #shorts #businesstips

12 Aug 2026 · 1 min

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In this short business tip, Mark Kohlert prompts viewers to examine several interrelated tax strategies: whether family members should be on payroll or receive 1099s, the necessity of holding proper board meetings, and the potential to write off travel and dining expenses. He also highlights the use of bonus depreciation. Kohlert stresses that coordinating these items with an advisor allows them to be strategically categorized on the tax return, which can unlock $20,000–$30,000 in savings without resorting to risky investments or elaborate projects—simply by placing each item in the correct tax box.

Chapters

Are my family members on payroll or getting 1099s? Am I doing my board meetings? Am I writing off all my travel? Am I writing off all my dining? Am I going to use bonus depreciation this year? All of this is interrelated, and you want your advisor to be able to put this all up on the board like a chess move and go, okay, let's do this, do this, do this, and boom, all of a sudden you're saving $20,000, $30,000 in taxes that you never realized you could. And you're not doing anything crazy or wild or having to go buy some stupid solar project or throw good money at bad just to get a write-off. It's just putting things in the right box. On her return.