Kymbirley Brake, an influential tax strategist, shares her journey and insights into the world of tax strategies. From constructing her successful firm under challenging circumstances to empowering entrepreneurs nationwide, Kymbirley offers her unique perspective on navigating tax codes. With mor...
Kymbirley Brake, an influential tax strategist, shares her journey and insights into the world of tax strategies. From constructing her successful firm under challenging circumstances to empowering entrepreneurs nationwide, Kymbirley offers her unique perspective on navigating tax codes. With more than 1200 clients across the United States and abroad, she stands as a testament to resilience and innovation in financial planning for businesses.
Kymbirley reveals how taxes, often viewed as a dull or daunting chore, can be transformed into a toolkit for success. She discusses the golden path of using tax codes to benefit businesses, illustrating with examples like investing in films for tax breaks, and the creative ways she has helped business owners save money. As a staunch supporter of "mompreneurs," Kymbirley advises perseverance to those balancing the rigors of parenting with entrepreneurship. Through her candid anecdotes and expert insights, she demystifies tax strategies and presents them as a key to unlocking business potential.
Key Takeaways:
- Transforming Tax into Triumph: Kymbirley explains how tax codes are devised to assist businesses in retaining earnings through strategic planning.
- Empowering Mompreneurs: Insight into how perseverance and strategic thinking can lead to business success, especially for mothers in business.
- Innovative Tax Strategies: Discussing unique applications like using everyday expenses and investing in movies as workable tax strategies.
- Support through Nonprofit Work: Kymbirley’s commitment to supporting low-income families with medical needs through her nonprofit.
- Bridging Knowledge Gaps: The importance of understanding the difference between CPAs and tax strategists to maximize financial benefits.
Notable Quotes:
- "Tax code is literally your guide on how not to pay taxes."
- "If you make it into something that they're like, oh, I can do these things and it's fun, then the limits are endless."
- "Just keep going. The grind is exhausting. But if you keep at it, it will pay off."
- "The strategy is to build that legacy for you and your family and then be able to do whatever the heck you want to do with it."
- "Being a woman, I'm now starting to really love it. And then the power is coming."
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