Tag Archives: Tax Planning

Episode 21 – Boost Your Business Retirement Plan Strategy – with Guest Tom Burns

Whether it’s for employee retention, tax planning, or a combination of the two, creating a retirement plan for yourself and your employees is a cornerstone of planning as a business owner. 

In this episode, Kyle Malmstrom speaks with Tom Burns, president at Premier Plan Consultants, to discuss the business retirement planning process. Tom explains the importance of involving a third party administrator like Premier Plan Consultants in order to develop a strategy specific to your business goals.

In this episode you will learn:

  • How COVID, and the new laws it brought into effect, have impacted business retirement planning
  • The tax planning tools that come into play with retirement planning for your business
  • How employee benefits compare to owner benefits in your retirement plan
  • The steps you should be taking in your planning in 2021
  • And more!

Tune in to take the first step to align your retirement plan with your business goals.

Resources: Centura Wealth Advisory | Kyle Malmstrom | Premier Plan Consultants | Tom Burns

Episode 20 – Marketing During a Pandemic: What Changed in 2020 and How do Business Owners Need to Adapt – with Sharon Spooler of Chief Outsiders

When it comes to marketing, businesses need to  constantly evolve to keep up with new trends and techniques that will help attract prospects to their product or service. With the global shutdowns and necessary transformation to doing business in a virtual environment, some business owners have been able to adapt and in some cases thrive.

In this episode, Jonathan Freeman speaks with Sharon Spooler, Area Managing Partner at Chief Outsiders, to discuss how businesses can ramp up their virtual marketing efforts in the midst of a pandemic.

In this episode you will learn:

  • What distinguishes a successful company in terms of their marketing efforts 
  • Typical reactions from business leaders marketing activities during difficult climates
  • How business “pivoted” as a result of the pandemic, a strength of those who prospered
  • Key trends that continue to show success in marketing in this new environment
  • How to determine if you need to increase spending in marketing to improve your ROI
  • And more!

Tune in to pivot your focus to start delivering value to your customers!

Resources:  Centura Wealth Advisory | Jonathan Freeman | Chief Outsiders | Sharon Spooler

Episode 19 – Potential Tax Implications from 2020 National and California State Elections

Tax planning is as important as ever, and based on the recent elections it may have an impact on your personal and business income tax situation. 

In this episode, Kyle Malmstrom and guest Ken Van Damme, tax partner at Ernst and Young, give listeners guidance for some tax solutions to put into action. Kyle and Ken raise concerns about why you should be making immediate decisions and acting accordingly to save you money. 

In this episode you will learn:

  • Why Joe Biden’s tax plan matters for your individual or business planning
  • What estate tax exemption is and how it works
  • About income and estate taxes under Biden’s plan
  • About the several programs that may be implemented when Biden takes office
  • What a sunset provision is and the impacts of the provision
  • California propositions and legislation targeting high-income earners
  • And more!

Tune in now to learn more about how to plan for the new tax environment!

Resources: Centura Wealth AdvisoryKyle Malmstrom | Ernst and Young | Kenneth Van Damme 

Episode 18 – The World Of Alternative Investments

Alternative investments offer higher potential returns, and several benefits you won’t find from traditional investments.

Today, Kyle Malmstrom and David Cariani (Co-CIOs) introduce listeners to the world of alternative investments. Kyle and David share what types of alternative investments there are, how they’re structured, their potential risks and benefits and more.

In this episode, you will learn:

  • How most alternative investments are structured
  • The potential risks and benefits involved with alternative investments
  • How alternative investments help diversify your portfolio
  • How you can discover what alternative investments are best for you
  • What you should be looking for when getting into alternative investments
  • And more!

Tune in now to learn all about alternative investments.

Resources: Centura Wealth Advisory ; David CaraniKyle Malmstrom | Centura Investment Philosophy 

Episode 17 – Your Guide to Buy-Sell Agreements in 30 Minutes –– With John Parise and Michael Parise

Too many new business owners overlook the importance of having a buy-sell agreement.

If a business partner becomes disabled, passes away, or departs the business, they leave the future of their business on shaky ground and open to costly disputes with the remaining partners. 

Today, Jonathan Freeman is joined by John Parise and Michael Parise of Copper Beech to discuss buy-sell agreements. 

The father-son pair uncover why buy-sell agreements are important, best practices for avoiding additional stress and legal bills, and what events trigger a transfer of ownership.

In this episode, you will learn:

  • What buy-sell agreements are and why every business needs one
  • Which type of buy-sell agreements is right for your business
  • What voluntary and involuntary trigger events can initiate a transfer of ownership
  • What to consider when drafting a buy-sell agreement so that it’s tax-efficient 
  • And more!

Tune in now to learn more about buy-sell agreements!

Resources:  Centura Wealth Advisory | Copper Beech Financial Group

Episode 16 – How The Single-Family Rental Industry Has Become Reliable For Investors – With Guest Ted Conrads

The single-family rental industry was falling behind the multi-family rental market, however, things continue to change and investors are seeing it as a valuable asset class.

In this episode, David Cariani is joined by Ted Conrads, co-founder and co-president of Colchis Capital. Ted shares background information on Colchis Capital, and explains how the single-family rental industry has become a valuable asset class for investors.

In this episode, you will learn:

  • How Colchis Capital serves clients in four markets across the US
  • How the single-family rental market has become a stable, reliable asset class for investors
  • The role technology plays in the single-family rental industry
  • About a tax-efficient strategy and how investors benefit 
  • And more!

Tune in now to learn how the single-family rental industry has become reliable for investors in recent years!

Resources: Centura Wealth Advisory | David Cariani | Colchis Capital | Ted Conrads

Episode 15 – Estate Tax Implications If Joe Biden Wins The Presidential Election

The Presidential Election is coming up in less than 3 months. Are you prepared for the potential estate tax implications if the Democratic Party wins the election?

Today, Derek Myron and Kyle Malmstrom take an extensive look at the estate tax implications if Joe Biden wins the Presidential Election in November. They discuss why you should begin planning now regardless of the outcome of the election, the potential wealth risks you may face and more.

In this episode, you will learn:

  • What the estate tax is and how it works
  • Why you should be thinking about estate tax planning now before the election in November
  • The options you have for proactively creating an estate plan
  • The potential legislative risk you run if a plan is not in place in time
  • Some considerations you should think about while estate planning
  • Who you should talk to about creating your proactive estate plan
  • And more!

Tune in now to learn more about why you should begin estate planning TODAY!

Resources: Centura Wealth Advisory | dmyron@centurawealth.com | kmalmstrom@centurawealth.com 


Episode 14 – A Dive into Private Placement Life Insurance (PPLI) — With Guest Rick Calderon

Private placement life insurance (PPLI) is a tax efficient, low-cost vehicle to provide Accredited Investors and Qualified Purchasers a means to transfer wealth.

PPLI leverages institutionally-priced wholesale insurance to create a tax efficient wrapper that gives investors the power of compounded growth tax free, as well as using a death benefit to transfer wealth to Generation 2+. 

Derek Myron is joined by Rick Calderon from MAS Advisors LLC to expand on PPLI and how it can serve as a wealth transfer vehicle for the right investor. 

In this episode, you will learn:

  • What PPLI is, the tax benefits, and who the ideal investor would be
  • Minimum investment requirements for creating a PPLI plan, and what the cost/yield is. 
  • What MEC and non-MEC structures are and how they can provide either wealth transfer or income for investors 
  • Good and bad investments for PPLI 
  • And more!

Tune in to learn all about private placement life insurance!

Resources: Centura Wealth Advisory | MAS Advisors LLC | Rick Calderon

Episode 13 – The Impact Of COVID-19 On The Multi-Family Real Estate Industry – With Mark Gleiberman

Multi-family real estate can provide a tax-efficient wealth-building model for yourself and your family. But has COVID-19 impacted the market, and if so, how?

Today, Derek Myron speaks with Mark Gleiberman, CEO of MG Properties about multi-family real estate, the tax implications of multi-family real estate, and the impacts of COVID on the multi-family real estate market.

In this episode, you will learn:

  • About MG Properties and their investment history and outlook
  • Tax efficiencies that come from multi-family real estate investing
  • The average return rate for multi-family real estate in various locations before and during the pandemic
  • How COVID has impacted multi-family real estate
  • How the underwriting process has changed in light of COVID-19
  • What may happen to the real estate market if there’s a legislative change in tax-free exchanges  
  • And more!

Tune in now to learn more about multi-family real estate and the effect the pandemic has had on one regional player in the industry!

Resources: Centura Wealth Advisory | Mark Gleiberman on LinkedIn | MG Properties Group

Episode 12 – Manage Business Risk with Potential for Financial Upside – With Guest Mark Sims of Captive Alternatives

Businesses of all sizes face risk in the best (and worst) of economic times, and it’s important as a business owner to make sure that you are covered. 

In this episode, Jonathan Freeman is joined by Mark Sims from Captive Alternatives to discuss alternative insurance options for risk management and how business owners and entrepreneurs may leverage alternative insurance structures (Private Insurance) to manage expected or unexpected risks which can also yield financial upside. 

In this episode, you will learn:

  • How business owners can effectively insure against planned and unplanned risks using captive alternative insurance structures (Segregated Asset Plans)
  • How you can use alternative insurance options to provide coverage in business areas that may not have been covered before
  • The most tax-efficient ways to protect your business
  • What the first year of your plan looks like with Captive Alternatives
  • And more!

Tune in to learn how to protect your business with alternative insurance structures!

Resources:  Centura Wealth Advisory | Captive Alternatives | Email: Mark Sims | Private Insurance Overview