Shows
Expert Network TeamEpisode 46: Making a Career Change, Advice from Francois Giguere, CFP(R)Special guest Francois Giguere joins Nathan Merrill, Karl Frank, CFP, Jeff Krommendyk, and Mike Miller, CPA to discuss an important and timely topic: how to make a career change.Francois is the former General Manager of the Colorado Avalanche. During his more than twenty year career, he helped move the franchise from Canada to Colorado, and then rose in the ranks to become the GM. He was with the team when they won the Stanley Cup twice!Francois was also fired from his job, and he is open about the devastating, but short-term impact of...2022-01-1727 min
Expert Network TeamEpisode 44: Current State of the Markets with Cameron MorganSpecial guest Cameron Morgan joins Karl Frank, CFP, Jeff Krommendyk, Mike Miller, CPA and Nathan Merrill and gain useful and informative insights into today’s investment markets.
Is it a good time to be investing in equities when the SP500 is at an all-time high?
How much of the market’s rise is driven by the US Federal Reserve? And is it safe?
If I am worried about inflation, should I pay off debt?
Warren Buffet says I should be contrarian. If everyone says it is a good time to be in equities, should I wait until the markets crash?
What...2021-12-0821 minExpert Network TeamEpisode 43: Two Ways to Get Free Money from Colorado to Pay for College and Other HacksSpecial guest Cameron Morgan joins Karl Frank, CFP, Jeff Krommendyk, Mike Miller, CPA and Nathan Merrill and gain a couple of great ideas to save money, or just plain old get free money, to pay for college.
Colorado families lose the unlimited State income tax deduction for contributions to 529 plans in 2021. However, there are two little-known secret ways to get free money from the State of Colorado to help pay for college. One helps parents and grandparents with younger age kids or grandkids, and the other helps pay for kids already in college.
First, learn about the $1,000 matching grant from...2021-12-0136 minExpert Network TeamEpisode 43: Real Estate for Retirement IncomeReal Estate for Retirement Income Liner Notes
Join Karl Frank, CFP as he interviews Mike Miller, CPA and Nathan Merrill to talk about a very popular retirement income strategy: real estate. Today we are talking about the pros and cons and the ins and out of passive rental income. Karl is a rookie at owning commercial real estate and asks the experts, both of whom are income-producing real estate owners and have decades of experience counseling real estate investors. Here are just a few of the questions you can get answers to:
Should I own it or try to fix...2021-11-2421 minExpert Network TeamEpisode 42: Retirement Income PrimerRetirement Income Primer
Join Mike Miller, CPA, Karl Frank, CFP and Nathan Merrill, attorney as they discuss retirement income. In today’s podcast, Nathan and Mike ask Karl questions about how to turn your retirement assets into retirement income. Some of the questions Karl answers include:
Should I invest using a 401k or a Roth and what is the difference?
What is my retirement number--how much do I need?
What happens to real estate, like my home, in retirement?
What about the sale of a business, a home or other large asset?
How do we plan for Medicare?
What are th...2021-11-1728 minExpert Network TeamEpisode 40: What You Need to Know About Different Types of Retirement AccountsJoin Nathan Merrill, attorney, Mike Miller CPA and Karl Frank CFP as they lay out the fundamentals about retirement accounts. Learn the different ways that the money can be invested. Learn the different taxes, tax benefits. Learn why a retirement account eliminates the worry over capital gains tax. Learn the lingo and the law. In the podcast, we discuss the eligibility limits and make reference to this IRS web page:https://www.irs.gov/newsroom/new-income-ranges-for-ira-eligibility-in-2021Additionally, learn about the Roth conversion and whether you do or do not want to do one of these...2021-11-0228 minExpert Network TeamEpisode 39: Introduction to Charitable Giving Rules and Good IdeasJoin Karl Frank CFP, Mike Miller CPA and Nathan Merrill, attorney, as they discuss charitable giving in a language all of us can understand. Learn about giving to people and giving to charities. Learn about the tax advantages and the estate tax advantages. Learn some practical advice about non-cash contributions. Learn how to maximize what you are already doing and not run into trouble with the IRS. Learn how to make a gift out of love and affection, and also be safe from trouble with the IRS. Finally, learn some of the lingo, like the DAF: donor advised fund...2021-10-2724 minExpert Network TeamEpisode 36: How You May be Affected by the Tax Proposal called “American Families”Join all four members of the Expert Team: Nathan Merrill, Karl Frank CFP, Mike Miller CPA and Jeff Krommendyk. We discuss the recent tax plan and how this may affect regular people, not just the billionaires.Importantly, the proposal has not yet passed Congress so everything is subject to change. We discuss a few of the tax increases and losses for individuals. Some of the lost tax benefits include the after-tax Roth contribution, and subsequent Roth conversion. This way to go tax free is made illegal for all people regardless of income by the American F...2021-10-0628 minExpert Network TeamEpisode 35: More Advanced Planning with Mike Miller CPA and Nathan Merrill, Attorney, Part 2Mike Miller CPA and Nathan Merrill, attorney with Goodspeed and Merrill, dive into even more advanced financial planning topics. Learn about small business rules, taxation, and asset protection strategies.Expert Network team provides free consultations. Just mention that you
listened to the podcast.
Nathan Merrill, attorney
Working with affluent families and entrepreneurs in implementing
tax-efficient strategies and wealth preservation
Goodspeed, Merrill
(720) 473-7644
nmerrill@goodspeedmerrill.com
www.goodspeedmerrill.com
Jeff Krommendyk, Insurance Expert
Working with business owners and successful families in transferring
risk
One Digital Insurance Agency
(303) 730-2327
jeff.krommendyk@onedigital.com
Karl Frank
Financial planner helping a small number of suc...2021-09-2933 minExpert Network TeamEpisode 34: Advanced Planning with Mike Miller CPA and Nathan Merrill, Attorney, Part 1Mike Miller CPA and Nathan Merrill, attorney with Goodspeed and Merrill, discuss advanced financial planning topics. Learn about small business rules, taxation, and asset protection strategies.Expert Network team provides free consultations. Just mention that you
listened to the podcast.
Nathan Merrill, attorney
Working with affluent families and entrepreneurs in implementing
tax-efficient strategies and wealth preservation
Goodspeed, Merrill
(720) 473-7644
nmerrill@goodspeedmerrill.com
www.goodspeedmerrill.com
Jeff Krommendyk, Insurance Expert
Working with business owners and successful families in transferring
risk
One Digital Insurance Agency
(303) 730-2327
jeff.krommendyk@onedigital.com
Karl Frank
Financial planner helping a small number of successful families grow and...2021-09-2232 minExpert Network TeamEpisode 30: Qualified Charitable DistributionsIn this brief but informative podcast, Karl Frank, CFP, Mike Miller, CPA and Nathan Merrill, JD, discuss the QCD: Qualified Charitable Distribution. Learn the benefits and drawbacks of pulling money out of a retirement account and giving it to a charity. The Qualified Charitable Distribution (QCD) is a great way for someone to give money directly to a charity and avoid taxes. For people who file a Simple 1040 tax return, the QCD is often a great decision. It saves having to file a more complicated tax return and then itemize your tax deductions. Learn why wealthy people also enjoy the...2021-06-1618 minExpert Network TeamEpisode 20: Pivoting in the Pandemic-Creating New Opportunities with Mike Miller, CPAMike Miller, CPA, explains how today's economic shutdown can actually help a business owner find new and profitable opportunities. In his own company, Mike is pivoting towards providing business owner advice. Many companies were overwhelmed with the work required to maintain their businesses during the economic shutdown. Some business owners lacked financial statement literacy. Many owners want a financial dashboard, so they can pull the right levers and get the biggest return on their invested dollars. Mike's team provides consultation that explains things in an easy-to-understand way. His goal is to help owners make business financial planning enjoyable and productive...2021-02-2429 minExpert Network TeamEpisode 19: What Really Makes a Strong Balance Sheet?Mike Miller CPA tells a story about a friend who made it through the economic shutdown from the pandemic because of his strong balance sheet. Mike shares questions to ask yourself as you think about your finances. Learn a practical idea about planning for what to do when business income declines. Mike shares the four elements of a strong balance sheet. Learn rules of thumb for a "rainy day fund" and what lenders look for in companies. Learn about "negative net worth"
and how to keep a forward focus when you're looking at financial statements.Expert Network team provides free...2021-02-1721 min