Tax Strategies and Insights for Financial Success
Welcome to the “I’m Not Yelling! I’m Dominican” podcast, where authentic conversations meet practical strategies to help you build financial confidence. In this episode, titled "Get Uncle Sam's Foot Off Your Neck: Unlocking Tax Secrets," we explore the world of taxes with Tariqah Mills, a seasoned CPA from Harlem, NYC. Tariqah provides valuable insights for individuals and small business owners, particularly those in Black and Brown communities , on navigating tax structures and understanding key obligations.
The episode delves into the benefits of incorporating as an LLC and dispels common myths about tax structures while highlighting the asset protection advantages of this approach. Tariqah shares why choosing a CPA over tax software or larger firms offers more personalized and strategic advice, making tax management a proactive, year-round effort.
The discussion is divided into several key areas, starting with Tariqah’s journey as the founder of T3 Accounting Services. She explains the basics of tax structures, dispels LLC myths, and clarifies the differences between tax-paying entities. From there, the conversation shifts to understanding business structures and tips for proactive financial management, emphasizing the advantages of boutique accounting firms over larger organizations or software solutions.
Tariqah highlights the importance of building relationships with small business tax firms for personalized services, financial savings, and avoiding common pitfalls. Her expert advice underscores how understanding tax entities and managing finances effectively can lead to smoother tax filing and greater financial success.
There’s still time to take control of your taxes and implement money-saving tax strategies. Join us for this engaging episode as Tariqah Mills shares actionable advice to help you overcome financial challenges, navigate tax complexities, and build confidence in your financial journey. Whether you’re a new entrepreneur or a seasoned business owner, this episode is packed with transformative insights to help you succeed.