About Tracie Lowe:

Tracie Lowe, CPA, is a tax resolution specialist and financial strategist with over 30 years of experience spanning Big Four accounting, Fortune 500 audits, and entrepreneurial leadership. After navigating her own challenges—including unexpected layoffs and complex IRS dealings—she transitioned from corporate life to helping professionals, side hustlers, and entrepreneurs break free from “golden handcuffs,” leverage tax strategies, and achieve financial freedom. As the author of Mind to Your Business: The Must-Haves of Financial Success, Tracie empowers clients to tackle IRS issues, settle tax debt for less than owed, and build sustainable businesses on their own terms. Based in Tampa, Florida, she combines deep expertise in tax, audit, and attestation with a passion for mentorship, offering no-obligation consultations and proven frameworks to transform financial futures.

In this episode, guest host Jonathan Miller and Tracie Lowe discuss:

• Bankruptcy as a fresh start
• Famous examples of overcoming bankruptcy
• Real-life audit and tax challenges
• Importance of IRS representation and documentation
• Taking the first step toward financial goals

Key Takeaways:

• Bankruptcy isn’t the end—it’s often a much-needed opportunity to start anew.
• Even household names like Walt Disney and Henry Ford faced and overcame bankruptcy, and remember: setbacks can happen to anyone, but strategic navigation is possible.
• Facing an IRS audit is daunting, but organized documentation and professional support are crucial weapons, and don’t do it alone; expertise makes a substantial difference.
• Always request your IRS transcript before strategizing tax solutions because with the right information, you can uncover errors or opportunities the IRS may have overlooked.
• If an idea inspires you, write it down and get started—you never know where it might lead.

"Bankruptcy should be named 'fresh start.' It should be named 'start over.' It should be named 'second chance.' — Tracie Lowe

Connect with Tracie Lowe:

Website: https://www.cpataxsolver.com/yourcpa1584665490466

https://www.tracielowecpa.com/

LinkedIn: https://www.linkedin.com/in/tracielowecpa/

Facebook: https://web.facebook.com/OnPointCPA/?_rdc=1&_rdr#

Instagram: https://www.instagram.com/tracielowecpa/?hl=en

Show Notes by Podcastologist: Hanz Jimuel Alvarez

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

About Tracie Lowe:

Tracie Lowe, CPA, is a tax resolution specialist and financial strategist with over 30 years of experience spanning Big Four accounting, Fortune 500 audits, and entrepreneurial leadership. After navigating her own challenges—including unexpected layoffs and complex IRS dealings—she transitioned from corporate life to helping professionals, side hustlers, and entrepreneurs break free from “golden handcuffs,” leverage tax strategies, and achieve financial freedom. As the author of Mind to Your Business: The Must-Haves of Financial Success, Tracie empowers clients to tackle IRS issues, settle tax debt for less than owed, and build sustainable businesses on their own terms. Based in Tampa, Florida, she combines deep expertise in tax, audit, and attestation with a passion for mentorship, offering no-obligation consultations and proven frameworks to transform financial futures.

In this episode, guest host Jonathan Miller and Tracie Lowe discuss:

• Asset protection strategies for entrepreneurs
• Importance of proper business structure (LLC, DBA)
• Creating a personal and community legacy
• IRS avoidance and tax resolution advice
• Planning finances with accrual vs. cash basis

Key Takeaways:

• Entrepreneurs should recognize that forming a business structure starts the moment they consider earning income, and without establishing the right legal framework, personal assets remain vulnerable to business risks.
• Choosing an LLC or an appropriate business entity creates a protective barrier between personal and business finances.
• Your "why" should motivate not just your business growth, but also how you help others advance.
• Facing the IRS early and consulting a tax resolution specialist opens up practical solutions and peace of mind.
• It's wise for small business owners to monitor both anticipated and actual cash flows over a year, and understanding your financial commitments ahead of time helps you avoid unpleasant surprises and supports long-term stability.

"There is peace of mind. There is the ability to catch up and be able to be compliant with the IRS without losing your mind or losing your money.” — Tracie Lowe

Connect with Tracie Lowe:

Website: https://www.cpataxsolver.com/yourcpa1584665490466

https://www.tracielowecpa.com/

LinkedIn: https://www.linkedin.com/in/tracielowecpa/

Facebook: https://web.facebook.com/OnPointCPA/?_rdc=1&_rdr#

Instagram: https://www.instagram.com/tracielowecpa/?hl=en

Show Notes by Podcastologist: Hanz Jimuel Alvarez

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.

About Tracie Lowe:

Tracie Lowe, CPA, is a tax resolution specialist and financial strategist with over 30 years of experience spanning Big Four accounting, Fortune 500 audits, and entrepreneurial leadership. After navigating her own challenges—including unexpected layoffs and complex IRS dealings—she transitioned from corporate life to helping professionals, side hustlers, and entrepreneurs break free from “golden handcuffs,” leverage tax strategies, and achieve financial freedom. As the author of Mind to Your Business: The Must-Haves of Financial Success, Tracie empowers clients to tackle IRS issues, settle tax debt for less than owed, and build sustainable businesses on their own terms. Based in Tampa, Florida, she combines deep expertise in tax, audit, and attestation with a passion for mentorship, offering no-obligation consultations and proven frameworks to transform financial futures.

In this episode, guest host Jonathan Miller and Tracie Lowe discuss:

• Credentialing a Business: Brand, Report, Legitimize
• Tax Strategies: Dominate Allowable Deductions
• Transitioning from W2 to 1099: Maximize Financial Benefits
• Scaling Business: Manage Growth, Prioritize Mental Health
• Legacy Planning: Live Fully, Plan Strategically

Key Takeaways:

• Ditch the Gmail address and invest in a professional domain to signal serious entrepreneurship and open doors to better opportunities.
• Work with specialists who can navigate the tax code to minimize your financial burden.
• Transitioning from W2 to 1099 requires strategic planning because every expense becomes a potential tax deduction when you shift your mindset from employee to business owner.
• Don't hesitate to seek counseling or support when business growth becomes overwhelming, as maintaining your well-being is fundamental to success.
• Design your entrepreneurial journey to create wealth while enjoying the present.

"I'm a CPA who has a different level of experience, meaning I've come through [the] top four accounting firms. I worked in a Fortune 500, I've worked for a million dollar company. So when I can dominate, I dominate from that level” — Tracie Lowe

Connect with Tracie Lowe:

Website: https://www.cpataxsolver.com/yourcpa1584665490466

https://www.tracielowecpa.com/

LinkedIn: https://www.linkedin.com/in/tracielowecpa/

Facebook: https://web.facebook.com/OnPointCPA/?_rdc=1&_rdr#

Instagram: https://www.instagram.com/tracielowecpa/?hl=en

Show Notes by Podcastologist: Hanz Jimuel Alvarez

Audio production by Turnkey Podcast Productions. You're the expert. Your podcast will prove it.