81 - Strategic ways to reduce tax burdens with Cindy McGhee

Are you tired of feeling overwhelmed by your business taxes? Join us as Cindy McGhee reveals how to transform your tax strategy from a burden to a benefit, and learn the secrets big businesses use to minimize their tax bills.

In this enlightening episode of "The Good, Bad, and Ugly of Business," host Catryn Becker sits down with Cindy McGhee, President and CEO of NextGen Tax Services. Cindy, an expert in transforming the often daunting world of taxes into a strategic advantage, shares invaluable insights on how small business owners can reduce their tax burdens effectively. Drawing from her extensive experience working with both large corporations and small businesses, Cindy discusses how leveraging the tax code can provide significant financial benefits and foster business growth.

Cindy delves into the specifics of how her team at NextGen Tax Services demystifies the complexities of the tax code for their clients, ensuring they are well-informed and empowered to make strategic financial decisions. She highlights the importance of education and understanding in overcoming the fear and confusion often associated with taxes. Throughout the conversation, Cindy emphasizes the critical role of strategic tax planning in transforming tax obligations from a burden into a powerful tool for business growth, offering practical examples and success stories that illustrate the profound impact of these strategies. This episode is a must-listen for any business owner looking to optimize their tax planning and drive their business toward greater success.

Connect with Catryn Becker

• Website: https://optimizewe.com/
• Email: [email protected]
• LinkedIn:  https://www.linkedin.com/in/catrynbecker/
• YouTube: https://youtube.com/@TheGoodBadAndUglyOfBusiness?si=2KYT_qpi6eOwEOQT
• Instagram:  https://www.instagram.com/relax_with_catryn

Connect with Cindy McGhee

• Website: https://nextgenempires.com/
• LinkedIn, personal: https://www.linkedin.com/in/cindy-mcghee-cpa-b1157714a/
• LinkedIn, company: https://www.linkedin.com/company/nextgentax/
• Instagram: https://www.instagram.com/nextgen.tax/
• Facebook: https://www.facebook.com/nextgentaxservices

About Catryn Becker

Catryn Becker is a keynote speaker, international best-selling author, two-time Guinness World Record holder, and respected podcast host.

As the founder of Optimize We, Catryn Becker oversees the design and implementation of comprehensive wellness programs for successful women and their teams. With a background in environmental engineering, business strategy, and holistic practices, Catryn blends technical expertise with a profound understanding of human potential. Catryn challenges limiting stereotypes and encourages a re-evaluation of societal norms.  Normal means average, and her clients are anything but average! She believes in thinking differently and empowering others to do the same. A key concept she champions is "pregret"—the idea that failing to learn from past regrets keeps us stuck in the present and prevents us from achieving our future potential. Through her holistic approach, which integrates cosmic elements and business strategies, Catryn has guided her clients from heartbreak to marriage, loneliness to family, scarcity to prosperity, and disease to freedom. 

She holds a Bachelor of Science in Engineering from Colorado School of Mines, a Master of Science in Environmental Systems Management from Southern Methodist University, and an MBA in Strategy and Innovation from SDA Bocconi School of Management.  Catryn has certifications in Life Coaching, Aromatherapy, Feng Shui, and Digital Marketing.

About Cindy McGhee

Cindy brings the right mix of education, experience and enthusiasm to the firm. She holds a Master’s of Science degree in Accounting, and has been a practicing CPA for over 18 years. Her career began with Ernst & Young LLP, a “Big 4” accounting firm, which laid the foundation for her professionalism and work ethic throughout her career.

Cindy has been in private practice for nearly 11 years and attracted a clientele that ranges from Fortune 500 CEOs to NFL athletes to owners of local start-ups. Under her leadership the firm is one of the fastest growing in the area serving clients in 14 states and counting.

When not working she spends her time with her husband of 15 years, Dr. Jonathan McGhee and their two kids. She is generous to local charities and faith-based organizations, and can be found enjoying down-time with family and friends and reading a good book.