Today we’d like to introduce you to Shanita Davis
Hi Shanita, can you start by introducing yourself? We’d love to learn more about how you got to where you are today?
My name is Shanita Davis. I was born and raised in Milwaukee, Wisconsin. I grew up with a grandmother and was a mother at the age of 15. I always wanted to be an entrepreneur since a kid. My first goals were to be a lawyer when I grew up. But it slowly started to change as I grew up with my grandmother. My mom was on drugs and could not care for me and my sisters. As a kid I had so much resentment and that started my thinking that I have to get rich to take care of my mom so I can be with her. I started my first neighborhood organization at 16. I have been a part of so many community events within my city I was born. I became an adult and wanted to experience life on my own. I moved out at 18 and from there my real journey started. I went through periods of toxic relationship, homelessness and many trials that made me who I am today. Fast forward I obtain my associates of science degree in business and my BA of science in business with a study of business development. I am going for my MBA of science in business with a study of entrepreneurship. I have been in the tax industry since I been 18 years of age about 2004. I love the freedom it gives me of having control of my time and also just helping families and businesses get the most out of have good financial health.
Alright, so let’s dig a little deeper into the story – has it been an easy path overall and if not, what were the challenges you’ve had to overcome?
No, it’s been no smooth road, from being in a shelter with my children. The lights being off year after year. Going hungry not having food to feed myself and children. I remember for years for Christmas I would walk about 2 miles to the shelter we were at to make sure they get Christmas presents. I remember walking with a book bag on my back to the food pantry when I saw I had to do something to feed my kids. The embarrassment of times I had to send them to school knowing they don’t have clothes, knowing we have no food, knowing I can’t even buy clothes because I have no resources or support. But fast forward and overall, I overcame all that. I am a mother of 6 children 5 daughters and a son, and I can say my goal and mission was to keep my family together. Our lives changed when we moved to Las Vegas years ago and not too long ago I relocated to Tennessee. The road has not been easy but aye I’m still here and living and have no complaints.
We’ve been impressed with Global Money Solutions, but for folks who might not be as familiar, what can you share with them about what you do and what sets you apart from others?
Global Money Solutions is a Tax and Accounting firm I started back in 2011. I have been preparing taxes for over 14 years. I specialize in small business taxes and financial organizations for individuals and businesses. I am known for helping my clients get on the track to good Finacial management and building their credits to live the lives they are looking to live. I create steps for my clients to meet their financial goals. Our Main goal here at Global Money Solutions is to Common Tax Business Objectives:
Minimize Tax Liability:
Identify and utilize tax deductions, credits, and exemptions.
Structure transactions to reduce tax burdens.
Implement tax-efficient investment strategies.
Optimize Cash Flow:
Defer tax payments to improve liquidity.
Accelerate tax deductions to reduce current tax obligations.
Plan for estimated tax payments to avoid penalties.
Ensure Compliance:
Stay updated on tax laws and regulations.
Maintain accurate and complete financial records.
File tax returns on time and accurately.
Strategic Tax Planning:
Proactively identify tax opportunities and risks.
Develop long-term tax strategies aligned with business goals.
Consider the tax implications of significant business decisions.
Risk Mitigation:
Minimize the risk of audits and penalties.
Implement effective tax risk management procedures.
Develop contingency plans for potential tax disputes.
Key Considerations for Effective Tax Planning:
Understanding Tax Laws: Staying informed about current tax laws and regulations is crucial.
Long-Term Perspective: Considering the long-term implications of tax decisions.
Professional Advice: Consulting with qualified tax professionals to ensure optimal strategies.
Documentation: Maintaining accurate records to support tax claims.
Ethical Compliance: Adhering to ethical principles and avoiding tax evasion.
By effectively addressing these tax objectives, businesses and individuals can maximize their financial resources and achieve their overall goals.
We off tax preparation services, accounting services, credit repair services, bookkeeping services, business consulting and business management services nationally.
The crisis has affected us all in different ways. How has it affected you and any important lessons or epiphanies you can share with us?
I have learned to make sure to wash my hands and not to be hugging on everybody lol
Contact Info:
- Website: https://www.globalmoneysolutions.com
