Holly A. Frye, MBA

Let our professionals help you get your business plan off on the right foot. Contact us TODAY! #Cpa #Accounting #Finance #Audit #FinancialPlanning #TaxProfessional #Taxes #ChandraCaglePositivelyYou #GreensboroFinancing

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It's a common misconception that leaders are the face of a companies' success. While they are often the face of a company, their team of employees is what drives the outcome. Let's appreciate our employees! #employees #employer #leader #leadership #business

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Start tax planning for 2025 now!!

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It can feel pretty lonely at the top, as a practice owner. As heart centered professionals who are also entrepreneurs, you are often in a position that no one around you can relate to. You have a mission! You have a vision! You have a passion! You may also have, Bills to pay! Employees and practitioners leaving or never hitting their numbers! Not enough clients coming in! Growth, you don’t know how to adapt to! And so much more… First, take a deep breath. Second, know that you’re probably doing a better job than you’re giving yourself credit for. Third, we’d love to help! With a financial peer support group, you can go from fearing your financial data, to being the master of it. We have a Financial Peer Support Group opening May 6th, for up to 8 practice owners. You meet with your advisor and peer group twice a month. You get insights from presentations geared toward optimizing your practice, so it serves you, not just your clients and employees. You’ll have the opportunity to have your questions answered in the Q and A portion of every meeting. You’ll gain access to an online peer support forum for you to get support from your advisors and peers between meetings. YOU DON’T HAVE TO DO IT ALONE! Learn more here: https://lnkd.in/evCWvxa3 #entrepreneurship #smallbusiness #leadership #future #mentalhealth #peersupport

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1st Wednesday Prayer for The Accounting Community Join me for a time that is dedicated to supporting the Accounting industry through prayer and discussion. This session will focus on the challenges of leading a firm out of brokenness, addressing the emotional and professional toll it takes on us and our families. If you are an accountant or know someone who is a part of the Accounting Community (accountants, bookkeepers, advisors, tax professionals), join me today as I discuss the drawback of leading your firm out of brokenness and avoiding the path to burnout. #AccountingCommunity #Prayer #AvoidingBurnout #FaithAndWork #CommunitySupport #SelfCare

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If you're a business owner looking to access $100K or $10s of millions in capital on the balance sheet, and your CPA has maxed out your deductions, watch this video. Our 4 Step Framework Executive Bonus Plans are how executives access their corporate capital without paying a distribution or dividend tax, avoid paying a retained earnings tax, AND do so without removing the capital from the balance sheet, continue watching this video. ✅ Schedule Consultation: https://lnkd.in/g_jt5Tk4 There's three key problems majority of business owners face today when it comes to accessing their capital on the balance sheet. You're either going to take the capital out and pay a distribution/dividend tax, you're going to leave the capital on the balance sheet and pay a retained earnings tax. 98% of business owners are stuck writing those big tax checks, and we're on a mission to change that. Good news, there's a very uniquely designed, tax advantaged vehicle that will allow you to take your capital from one pocket, and put it in the other in a very tax advantaged way. Fully IRS compliant, and in fact, used by majority of the Fortune 100 - 1000 executives. Now, you and I can both agree, knowledge is power. The only difference between success and failure, most of the time, is purely knowledge. The difference between the ultra-wealthy you hear about paying no taxes vs 98% of business owners depleting their balance sheets from taxes, is knowledge. This vehicle is not new, it's actually one of the most long standing vehicles for accessing capital in a tax advantaged way. However, majority of CPAs, know nothing about it, because this strategy leverages a very uniquely structured life insurance product, requiring a life insurance license, which most CPAs don't have. We know, because we have 100s of CPA referral partners. We're the #1 producer of these unique tax advantaged vehicles with our carriers in the country, and on track to help businesses access $100,000,000 by end of Q4 2024 in tax advantaged capital. I have put together a Team of experts and specialists ranging from Tax Attorneys, to CPAs and licensed Life Insurance Agents to create unmatched services aimed at helping business owners access their capital while avoiding the large tax hammer, while remaining IRS compliant. executive bonus plan, executive bonus plans, split dollar executive bonus plan, split dollar executive bonus plans, section 162 executive bonus plans, 162 executive bonus plan, retained earnings tax, distribution tax, dividend tax, s corp no salary no distribution, cash liquidation distribution taxable, dividend double taxation, dividend form, dividend tax rate irs, dividend taxes by state, federally tax exempt interest and dividends, liquidating distribution tax treatment, ordinary dividend tax rate, s corp distribution example, section 199a dividends tax rate, state tax exempt dividends, state tax on dividends, supplemental pay tax rate

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Unlock the potential of state tax credits and incentives to maximize your growth! Discover key insights and strategies to navigate these opportunities and give your business a competitive edge. ⬇️ #growthstrategies #businessgrowth #statetax #taxincentives

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Check out this article!

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As a small business owner, one of your primary goals should be to maximize your business deductions to minimize your tax liability. Effective tax planning can significantly impact your bottom line, allowing you to reinvest more into your business.

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Developing a budget calendar for your nonprofit involves setting a schedule for the entire budgeting process to ensure timely and effective financial management. Here's a brief overview: 1. Planning Phase: Begin by identifying key dates for budget preparation, including deadlines for proposals from different departments. 2. Collaboration and Input: Set periods for consultation and input from various stakeholders, such as department heads, board members, and donors. 3. Drafting the Budget: Allocate time for drafting the initial budget, taking into consideration all inputs and projected financial needs. 4. Review and Revision: Establish dates for reviewing the draft budget, making necessary adjustments based on feedback, and aligning with strategic goals. 5. Approval: Schedule a final review and the approval meeting with the board of directors. 5. Implementation and Monitoring: Finally, set start dates for the new budget cycle and regular intervals for monitoring and reporting on budget performance. By having a clear and structured calendar, your nonprofit can manage its finances more predictably and effectively, aligning budgeting activities with organizational needs and goals. #strategicplanning #financialmanagement #nonprofitsuccess #resourceallocation #nonprofitfinance #impactfulnonprofits #sustainablenonprofits #budgetingforchange #nonprofitgrowth #cnrgaccountingadvisory

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It’s vital to have an accountant who can look at your business from a holistic standpoint and help you spot opportunities for financial growth!📈🔥 Book a call with me to reach your financial goals this year✨ Kimberlyservicesllc.com #financialservices #businesshumor #businessowner #accountant #wealthbuilding #moneymindset

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#TuesdayTips with MB&A Tips on Efficient Financial Record Keeping Follow us for more Tips with MB&A. Visit our website: www.mbacpaco.com #TuesdayTips #MBandACPAs #RecordKeeping #FinancialRecords #DecisionMaking #BusinessTips

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