Tax-Alpha Solutions

Episode 04 Being charitable – raising more money with other people’s money. Featuring Randy Fox, Partner, Two Hawks Consulting

– Alpha Tax with Matt Chancey

There are very few people who really understand or have the depth of knowledge to handle wealth transfer of high-end estates. Randy Fox is a Certified Financial Planner and Credited Estate Planner is one of the nation’s leading experts on advanced estate planning and planned giving. He is a partner at Two Hawks Consulting and founded the Ten Billion for Charity movement.

Randy is also a regular contributor to the Wealth Management website and Editor at Large of the Planned Giving Design Center.

The conversation goes in depth with a case study, along with other important information. Highlights include:

The lack of advisors who have the knowledge to help high-net worth families.

An explanation of a Donor Advised Fund, DAF.

The difference between a Charitable Remainder Trust, CRT, and a Pooled Income Fund.

A case study walk-through when someone has some charitable intent and wants to avoid capital gains.

The strategy of tax deductions and examples of pay outs.

A software tool to hope other professional advisors like a CPA or attorney.

Enjoy the show!

Connect with Randy:

Website: https://www.twohawksconsulting.com/about-us

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 03 Sharing 30 years of insights as a due diligence professional, with L Burke Files, Knowledge Specialist, International Finance and Due Diligence

– Alpha Tax with Matt Chancey

Private party due diligence exists, but the average person may not know that it exists. People think that if they have an accountant and a lawyer, it’s enough, but it’s not. L. Burke Files is an international business professional focused on due diligence, financial investigations, and supporting owners growing their business with a team of seasoned experts in branding, marketing, and customer acquisition.

He has run cases in over 136 countries and is also the authors of the multi award-winning book, Due Diligence for the Financial Professional. 

Our conversation covers cases studies where Burke has found issues that help investors make associated risks.

Highlights include:

The widget case and implications.

Why independent third-party fact checks are necessary in the private market.

An example of an acquisition investigation.

Lessons learned from the book, Thinking Fast and Slow.

The importance of making decisions based on facts, not biases.

More great stories, teaching and the certification process.

Enjoy the show!

Connect with Burke:

Website: https://www.burkefiles.com/

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 02 A deliberate and calculated international growth strategy, with Mark Dohnalek, President and CEO, Pivot International

– Alpha Tax with Matt Chancey

Mark Dohnalek is President and CEO of Pivot International, a collaborative product design, development, and manufacturing firm. The US based company has 17 offices across three continents. 

Mark has led the company’s growth and strategic acquisitions to expand their innovative capabilities and global offerings in manufacturing, engineering, biometric security, industrial, consumer and medical products solutions. In the past four years, the company has made nine acquisitions.

In our conversation, we spoke about Mark’s strategy, the company’s services, and its groundbreaking innovations.

Highlights include:

Why the acquisitions and integrations are so successful.

How the company overcame manufacturing challenges because of Covid.

Dealing with employee retention issues today.

The importance of long-term and global relationships.

The Internet of Things, IoT, and the balance between humans and technology.

Groundbreaking products in critical care prescriptions.

Enjoy the show!

Connect with Mark:

Website: https://www.pivotint.com/

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Episode 01 How an attorney and CPA look at the same situation through a different lens, with Roman Basi, President at the Center for Financial, Legal and Tax Planning

– Alpha Tax with Matt Chancey

Welcome to the premier episode of Alpha Tax with Matt Chancey, an expert who works with high income and high net worth clients nationally to legally reduce taxes on income or capital gains.

The first guest is Roman Basi, President at the Center for Financial, Legal and Tax Planning, based in Illinois and jurisdictions in Arizona, Florida, Illinois, Missouri, and New York. Working with his company is different because his team includes both CPA and legal licenses, so things work efficiently.

Roman is also a licensed Certified Public Accountant, and a licensed Managing Real Estate Broker in Illinois with Heartland Realty and Rentals, a licensed Real Estate Sales Associate in Florida, a licensed Title Insurance Agent with ATG Fund, Inc. Illinois and The Fund, Florida, and a licensed Private Pilot with an Instrument Rating.

Roman has worked on a variety of business transactions and has lectured to various regional and national audiences throughout the country, including extensive work in the continuing education field for Attorneys and CPA’s and has provided education necessary for the Voluntary Tax Return Preparer Registry with the IRS.

In our conversation, Roman shares his wealth of information and opinions, including:

Interest rates, deal structures and working capital issues.

The importance of working capital structures when negotiating the sale of a business.

A case study of showing a client how to revise their business valuation and the tax analysis to create a counteroffer.

Opinions on interest rates from a historical viewpoint.

Understanding deal structures with case study examples.

Considerations when making valuations.

How a potential client works with the company.

Please share your thoughts on this episode and enjoy the show!

Connect with Roman:

Website: https://www.lawline.com/lawyer/roman-basi

LinkedIn: https://www.linkedin.com/in/mattchanceycfp/

Connect with Matt:

Website: https://www.mattchanceylive.com/home1615404071938

Matthew Chancey is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Neither Coastal Equities, Inc. nor Coastal Investment Advisors, Inc. is affiliated with Micel Financial LLC. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., and securities are offered through Coastal Equities, Inc., Member FINRA/SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801.

Welcome to the Tax-Alpha Solutions podcast, helping investors turn tax savings into wealth, hosted by Matt Chancey. Matt is a tax-shelter consultant, author & regular contributor for most of the largest media outlets including Forbes, CNBC, Barrons, the Wall Street Journal and Investment News, to name a few.

On the show, Matt brings together experts to share with you their experience and success along with strategies of the 1%.