Taxspace

Carlos made me so emotional with this card and flowers. 😭🥹 (side note - we moved away 2013 & my legacy clients followed me)

One year ago today, I left Penn and went from six figures to five. Apparently, being my own boss came with a pay cut. 😂

TaxSpace had been part of my life for years, but giving it my full attention was a big change. I was excited, but I was scared, too.

When we were a team of 2, I worried about how I would meet payroll. Having people depend on a business I was building made every decision feel bigger. A year later, we’re a team of 8, and the business can support those jobs. That means a lot to me because I remember how uncertain I felt at the beginning.

We’ve also opened another office, expanded our services, and continued helping individuals, small businesses, and nonprofits with their taxes and finances.

Along the way, I’ve been building the foundation for Prospera, Center for Financial Equity. My goal is to make financial education and practical business support more accessible to people in our community. It’s still in the early stages, but I’m excited about what we can build.

This year has involved learning to delegate, making difficult decisions, and finding time to plan while keeping up with the day-to-day. There are still worries and plenty of things I’m figuring out. But looking back helps me recognize the progress I sometimes miss when I’m busy working.

What keeps me going is helping someone understand their finances, get their business organized, or feel more confident about their next step. That’s the work I wanted to make more room for through TaxSpace and, now, Prospera.

As TaxSpace Prospera Center takes shape, I’d love to connect with people who want to help whether by volunteering their time, sharing their expertise, partnering on workshops, or introducing us to potential sponsors and funders. If this work matters to you, send me a message. I’d love to talk.

Today, I’m grateful for my time at Penn, for my team, and for everyone who has trusted and supported me along the way.

One year in. Still learning, still figuring things out, and proud of the progress. And hopefully working my way back to six figures. 😂

Could your business prove what it owned yesterday if the office flooded tonight? 🌧️

Most business owners think about insurance after a disaster. But there’s another question that matters just as much:

Can you prove what you lost?

If your office, storefront, vehicle, or equipment were damaged tomorrow, would you have records showing what your business owned and what you paid for it?

A little preparation now can make insurance claims, disaster assistance, and tax reporting much easier later.

Consider keeping digital records of:

Photos or videos of equipment and business property

Receipts and purchase invoices

Computers, printers, furniture, and other fixed assets

Business vehicles and equipment

Insurance policies

Cloud backups of important financial records

An up-to-date fixed asset list in your accounting system

Quick tip: Take a video today. Walk through your office or business and record your equipment, furniture, electronics, inventory, and other valuable property. Save it somewhere secure in the cloud not only on your phone.

Good bookkeeping isn’t just about taxes. It’s also about protecting the business you’ve worked to build.

TaxSpace
Tax • Bookkeeping • Business Advisory
TaxSpace.us
📞 (267) 630-1093

What a busy Friday. Had a visit at my alma mater, the Penn Law school. Then went to see the rising of the Puerto Rican Flag at city hall. Saw the portal for the first time. It was so cool. Then met Mima for lunch. Mima just started a new job at the Comcast center performing at the Sphere for the How to Train a Dragon exhibit. Lastly a few zoom calls in between. 🤪 Happy Friday!!!

That one time our commissioner was on vacation and there was no one to give testimony so they sent me. Lol I had to quickly write up something. What a mess! But I pulled it off.

Great time yesterday at the Mexican Independence Day Festival hosted by the Mexican Cultural Center. We are the accountants for the organization. It was fun being involved with the event.

Got the kids promoting our business at the Rockledge car show.