Cash Flow and Grow Your Business with Tyler McBroom, CPA
Brett Swarts
Amazon best selling author of Building a Capital Gains Tax Exit Plan, Closed over ? Billion in Deferred Sales Trust + Real Estate, and Founder of Capital Gains Tax Solutions
Tyler McBroom has a passion for helping you to gain more cash flow and grow. He’s a CPA and he wants you to know where your money is going to pay less in tax and become financially free.
Tyler McBroom is managing a partner at measure results CPAs. And it’s a firm he runs with his dad and his dad started his first firm when he was three months old. And then now this is their second firm, and they are growing it together. And they are focused on helping business owners pay as little tax as legally possible and stay out of trouble with a big emphasis on staying out of trouble and increase their cash flow and profits as they grow their business.
Watch the episode here:
Cash Flow and Grow Your Business with Tyler McBroom, CPA
Brett:
I’m excited about our next guest. He has a passion for helping you to gain more cash flow and grow. He’s a CPA and he wants you to know where your money is going to pay less in tax and become financially free. He has an amazing story to share with us. Coming up here, please welcome to the show with me, Tyler McBroom. Hey, Tyler, how are you doing?
Tyler:
Hey, Brett, great. How are you? It’s great to be here.
Brett:
Hey, absolutely. Thanks. Thanks for being here. And would you give our listeners a little bit more about your focus? And as well, a little bit more about your story?
Tyler:
Yeah, so I am managing a partner at measure results CPAs. And it’s a firm I run with my dad and he started his first firm when I was three months old. And then now this is his second firm, and we’re growing it together. And we’re really focused on helping business owners pay as little tax as legally possible and stay out of trouble with a big emphasis on staying out of trouble and increase their cash flow and profits as they grow their business. And so it’s really about maximizing profits and minimizing taxes. And we are also partnered with Tony Robbins, the personal development motivational speaker and businessman extraordinaire were the US partner in his global accounting advisors Alliance. And so I speak at his business mastery events, and we help a lot of business owners and I teach them through a lot of the topics that hopefully we’ll dive into today. And, and that’s been a really fun opportunity to participate in as well.
Brett:
Amazing. We’ll dive into all of that. And that part of that story is gonna be really cool. For the first question to help our listeners get to know you a little bit more as well as myself because we’re reading for the first time although we’re both located here in Roseville, California, we’re talking about I’m about a mile and a half from where Tyler’s recording right now is where I’m at recording. And so in Roseville, for those who don’t know, if you’re listening nationally is in Northern California, Sacramento region. And so it’s kind of a small world, we attend the same gym, and it’s a lifetime fitness anyways, small world. All that being said, Tyler, help our listeners to learn a little bit more about you. I want to take a step back. I believe we’ve all been given certain gifts in this life. And I believe some people call them superpowers or strengths. I believe in their God-given gifts and I believe that have been given to us to be a blessing for others. And so I’m curious, what’s that one or two gifts that you believe you were given? And how do those gifts help how you help and bless others today?
Tyler:
That’s an awesome question. I think one of the things that I have been blessed with is the ability to take complex topics and make them simple and understandable to someone who is totally foreign to that topic. And I think that’s what’s really served me well. Both as I’ve grown kind of my social media presence and then what Tony ended up seeing and me and that’s really kind of been my Avenue and my niche in the tech spaces. Yes, I’m can be creative and help people pay less tax but really even more so really, really good at taking those creative concepts and explaining it in a way that excites business owners at least that’s what they’ve told me and making make taxes exciting, which is not an easy task. So I think that’s definitely one of them. And then I am an accountant. So numbers have always come easy to me. So not every accountant is good at math, but math has always been something that like you know, driving whenever we go on roads. trips with my parents with my family, I’d just be doing math problems in my head just to pass the time. And so that that definitely has served me well, as an accountant, even though I actually got my degree in creative writing, and then found my way back into accounting when I got tired of being broke.
Brett::
That’s awesome. So making complex, simple, complex thoughts or strategies, or ideas simple. And then being really good at numbers. I think that’s a, those are two amazing attributes to have as a CPA, because you’re right, and the motivational part too, right? Because taxes can be a little bit dry at times. Right, but vitally important. Yeah. And keep, you know, especially given what’s happening with, with just the national debt, and some of the challenges that we’re facing as Americans and raising taxes, which maybe we can touch on in a minute. So I love that by the way, what did you grow up at?
Tyler:
About an hour south of here in a little town called Ripon, California, so it’s in the Central Valley where most people think of California think of surfing on the beach. And it’s about as far from that as possible. It’s farmland, you know, flat and brown as far as the eye can see. And, and so I grew up my family is all there and the town of about 15,000 people, they go water towers, what it’s known for, then so that’s where I grew up.
Brett:
Neat, very, very rainy. Here’s the first question I have for you. Or another question I have for you is, when did you become really obsessed with helping others achieve financial freedom with their wealth through creative tax planning and strategies?
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