5 Mistakes That Will RUIN Your ROTH Conversion

  Рет қаралды 9,944

Mark J Kohler

Mark J Kohler

Күн бұрын

Being a Tax Advisor is a lucrative opportunity...Learn more here: markjkohler.com/become-a-cert...
Ebook & Newsletter: markjkohler.com/youtube/
Call the MJK Team: 208-745-2865
KKOS Lawyers (My Law firm): kkoslawyers.com/contact-us/
Directed IRA (My Trust Company): directedira.com/appointment/
My Certification and Membership: markjkohler.com/become-a-cert...
Podcast: mainstreetbusinesspodcast.com/
Main Street Business Services: mainstreetbusiness.com/
Facebook: / markkohler
Instagram: markjkohler...
Threads: www.threads.net/@markjkohler
X: / markkohler
TikTok: www.tiktok.com/@markjkohler?l...
LinkedIn: / markjkohler
KZfaq: kzfaq.infof...
LinkTree: linktr.ee/MJKKZfaq
If you liked the video, please give it a "Thumbs up!" and please subscribe to see more!
00:12 - Introduction and Welcoming of Special Guest Deven Munns
01:02 - Importance of Charities and Nonprofits
02:01 - First Step in a Nonprofit: Finding Your 'Why'
06:44 - Building the Right Team for Your Nonprofit
09:57 - Planning Effectively for Your Nonprofit
13:19 - Choosing the Right Structure for Your Nonprofit
18:47 - Cost and Budget Considerations for Starting a Nonprofit
27:27 - Raising Money and Fundraising for Your Nonprofit
33:33 - Potential Pitfalls and Scams in Nonprofit Fundraising
39:39 - Closing Thoughts and Key Takeaways
#Taxes #avoidtaxes #paylesstaxes #wealth #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw

Пікірлер: 11
@DM09876
@DM09876 10 ай бұрын
Hi Mark. I've been watching your channel recently and I'd like to ask for your advice. I'd like to get my financials organized. Who do you recommend? An attorney/cpa? Your response is greatly appreciated.
@tahirisaid2693
@tahirisaid2693 10 ай бұрын
I worked my ass off with 2 full time jobs and extras on the weekend. Saved up 25k and handed that over to my financial Adviser to put down and for investing. So I continued working my ass off and in less than three months I was able to lay my hands on my first property.
@tahirisaid2693
@tahirisaid2693 10 ай бұрын
I started out with a financial advisor called *" Rochelle Dungca Schreiber ".* Her honest approach gives me complete ownership and control of my positions, and her rates are incredibly affordable given my ROI. However, do your due diligence before contacting a financial advisor.
@chriswalter92
@chriswalter92 10 ай бұрын
Rochelle appears to be very knowledgeable. I found her webpage and read through her resume, educational background, and qualifications, which were all very impressive. She is a fiduciary, which means she will act in my best interests. So I scheduled a call with her.
@silvialugones3215
@silvialugones3215 10 ай бұрын
Thanks for sharing your knowledge.
@polardog5443
@polardog5443 10 ай бұрын
Should I convert if I am already on the highest bracket on both fed and state without the conversion 😢
@jimmyamico4713
@jimmyamico4713 10 ай бұрын
Hi Mark, Can you help me with a Roth conversion from my 401(k)? Respectfully, JimmyUSAF🇺🇸✈️(DV)
@rickyalcantara5924
@rickyalcantara5924 9 ай бұрын
can i do ROTH conversion and just let them take tax up front and let them take it out of the IRA before converting.
@al-falahmalangsumakul960
@al-falahmalangsumakul960 10 ай бұрын
Nice🤝
@headlibrarian1996
@headlibrarian1996 10 ай бұрын
Can you request, and get approved for, an installment plan for taxes multiple years in a row? For example, let’s say you owe $30-40k in taxes each year for 2-3 consecutive years of Roth conversions. Is what appears to be deliberately creating a situation where you say you can’t afford the tax consequences, year after year no less, going to send you into audit hell, get your conversions reversed, require you to actually be destitute to be approved for a payment plan, or otherwise have other serious consequences?
@FranciscoMeza
@FranciscoMeza 8 ай бұрын
So I can max out my Solo 401k Traditiional IRA, then convert it into a ROTH IRA? I want to reduce alimony while paying my 10 year old son. I need to be broke on paper. 🤫
Mind Blowing 401K Strategies for 2023
34:16
Mark J Kohler
Рет қаралды 38 М.
How To Earn $60,000 TAX FREE Every Year
20:10
Mark J Kohler
Рет қаралды 276 М.
Summer shower by Secret Vlog
00:17
Secret Vlog
Рет қаралды 8 МЛН
Gym belt !! 😂😂  @kauermtt
00:10
Tibo InShape
Рет қаралды 16 МЛН
Little girl's dream of a giant teddy bear is about to come true #shorts
00:32
Smart Sigma Kid #funny #sigma #comedy
00:26
CRAZY GREAPA
Рет қаралды 19 МЛН
Harvard Professor Reveals the Worst Thing To Do with Your Money
29:32
Why Every American Needs A Trust in 2023
16:50
Mark J Kohler
Рет қаралды 1 МЛН
4 HSA Hacks That Will Supercharge Your Wealth
13:28
The Retirement Nerds
Рет қаралды 542 М.
How to Build a Side Hustle and ACTUALLY Make Money
50:24
Mark J Kohler
Рет қаралды 81 М.
The Truth About S-Corps (Everything Revealed)
19:11
Mark J Kohler
Рет қаралды 81 М.
I’m 62 with $750k: How to Retire Early and When to Get That Social Security Award Letter
19:52
401k Strategies that will Blow your MIND
38:40
Mark J Kohler
Рет қаралды 148 М.
How to Avoid Roth IRA Taxes and Penalties
25:27
Rob Berger
Рет қаралды 216 М.
The SECRET Way To GET RICH With OIL (and exit)
18:04
Mark J Kohler
Рет қаралды 25 М.
The Truth Behind Business Banking - LLC Bank Accounts
26:27
Mark J Kohler
Рет қаралды 35 М.
Summer shower by Secret Vlog
00:17
Secret Vlog
Рет қаралды 8 МЛН