incmagazine
Aug 15
188
0.02%
Cindy McGhee, 43, learned the tremendous power of tax planning while working as a staff accountant, fresh out of college, at Ernst & Young in Memphis. Seeing how businesses were using tax law to legally save themselves significant amounts of money, she began to imagine a firm that offered the same options to underrepresented entrepreneurs. With $16,000 of her savings, McGhee launched the CPA firm @nextgen.tax in Tulsa in 2017. An all-female company in a male-dominated industry, @nextgen.tax has expanded rapidly: It hit $1.5 million in revenue in 2021, and grew its client roster to 1,100 that year from 86 in 2018. McGhee sat down with Inc. to share her business journey and her advice for companies seeking to reduce their tax burden. Link in bio. (Reporting by @tina_wangxt / 📸: @nextgen.tax)
incmagazine
Aug 15
188
0.02%
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