Comprehensive Tax Planning for Small Businesses With Becky Brown & Morgan Holmes

Pillar6 Podcast

Becky Brown and Morgan Holmes are the Founders of Stride, a comprehensive tax planning, bookkeeping, and accounting firm that helps companies accelerate growth. With a combined background in bookkeeping and taxation, Morgan and Becky joined forces to help MSPs, digital agencies, and professional services achieve their business goals through better financial planning and accounting. Focusing on small to midsize companies, Becky and Morgan help streamline financial operations, strategic planning, and effective tax management.

In this episode...

Keeping your books in order may be a chore, but it is essential to the financial success of any business. Whether it’s setting strategy, improving profitability, minimizing expenses, managing payroll, or navigating tax laws, accurate financial records are essential to making informed decisions and achieving sustainable growth. How can you incorporate all these elements into your annual business plan?

According to financial experts Becky Brown and Morgan Holmes, start with a check-up of your balance sheet and income statement. They highlight the importance of not only recording transactions accurately but also understanding the interplay between your balance sheet and income statement. Then, set cash flow projections and ensure that your “accounting team” is on the same page.

A holistic approach ensures accurate record-keeping, tax filing, and improves forward-looking projections. When paired with proactive tax planning, business owners can make more strategic decisions, maximize deductions, manage liabilities, and free up cash to invest in the growth of their business or personal financial goals. With these tools, businesses can reduce friction, improve efficiency, and gain peace of mind.

In this episode of the Pillar6 Podcast, Roman Polnar sits down with Becky Brown and Morgan Holmes, Founders of Stride, to discuss the essential strategies for smarter bookkeeping and tax planning. They cover the critical importance of monthly financial reviews, the benefits of aligning bookkeeping and tax services under one team, and actionable year-end tax-saving tips. Becky and Morgan also share insights on choosing the right entity structure for your business and planning for future financial changes.

Resources mentioned in this episode:

• Roman M. Polnar on LinkedIn
• Pillar6 Advisors
• Becky Brown on LinkedIn
• Morgan Holmes on LinkedIn
• Stride: Website | Email
• Pilot
• Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
• Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System–and Themselves by Andrew Ross Sorkin
• “Avoiding Pitfalls of Business Entity Formation With Doug Bend” on the Pillar6 Podcast