Episode 319 features Alex Davis of AGA Tax and Consulting Services. With tax season here, we’re sharing tax planning tips for entrepreneurs. Listen now!
Alex C. Davis is a both CPA and CERTIFIED FINANCIAL PLANNER™, standing among an elite group of less than .5% of Black women who have achieved dual certification in these rigorous fields. Driven by a desire to escape the burnout of a decade-long career in public accounting, Alex founded AGA Tax & Consulting Services.
Her boutique firm is dedicated to empowering entrepreneurs with strategic tax planning and transformative financial makeovers, focusing particularly on the unique challenges faced by women in business.
More than just a financial expert, Alex is a best-selling author of “Awareness Put Me On”, a finalist for the 2024 Sarasota Chamber of Commerce Minority Business of the Year, a Goldman Sachs OMBW BIB Graduate, and a devoted coach in financial empowerment.
Her firsthand experience overcoming significant financial hurdles—as a single mother who dug herself out of $50,000 in debt to build a net worth exceeding $300,000—fuels her commitment to support other women. Alex’s approach is deeply empathetic and tailored, acknowledging the systemic barriers and personal challenges that women, especially women of color, often face in securing financial independence.
Through online workshops, courses, live events, and retreats, Alex provides her clients with the practical tools and knowledge needed to navigate their financial journeys confidently. Her mission is to empower, inspire, and educate, helping women step boldly toward their life’s purposes—embracing wealth, happiness, health, and a holistic sense of wholeness.
Alex lives in Bradenton, Florida, with her two daughters, where she enjoys beachside relaxation, spa days, and delving into personal development. Her work is not just a profession but a personal calling to elevate women to their fullest potential, financially and beyond.
In this episode, Alex shares her journey into the finance world and why representation and cultural understanding are so important in this space. She opens up about her personal money story, the challenges she’s faced as a woman of color in finance, and the mindset blocks many people from underserved communities struggle with when it comes to money.
We also get into practical strategies for business owners—understanding business entities, separating personal and business finances, managing expenses and cash flow, and why working with a CPA isn’t just for tax season. Alex breaks down the difference between tax prep and tax planning, the cost of hiring a CPA, and how to avoid common mistakes that could be costing you money.
Episode 319 Takeaways:
-
Alex got into finance out of necessity as a single mom.
-
Cultural background shapes how we talk (or don’t talk) about money.
-
Representation in finance matters—it helps build trust and understanding.
-
Many people don’t trust financial pros, and for good reason.
-
Business owners need to know their tax strategies and track their money.
-
Separating business and personal finances is a must for protection.
-
Not every tax deduction fits every business—context is key.
-
Tools like Excel can work, but QuickBooks requires know-how.
-
Hiring a CPA can save you money and headaches.
-
Tax planning isn’t fraud—it’s being proactive and strategic.
-
Communicating clearly with your financial team is everything.
-
Amending returns can help you recover missed opportunities.
-
Filing late costs more than not filing—don’t wait.
-
Empowering women financially creates ripple effects in our communities.
-
Human connection should be at the center of financial planning.
Chapters:
-
00:00 – Introduction to Financial Empowerment
-
03:02 – Personal Money Stories and Lessons
-
05:46 – Diversity in Finance: Challenges and Opportunities
-
09:04 – Understanding Mental Blocks Around Money
-
11:54 – Tax Strategies for Business Owners
-
14:52 – Navigating Business Entities and Deductions
-
19:56 – The Importance of Hiring a CPA
-
24:57 – Choosing the Right Financial Professional
-
27:44 – Common Tax Mistakes Business Owners Make
-
30:00 – The Cost of Hiring a CPA and Tax Planning
-
31:23 – Maximizing Tax Benefits Through Strategic Planning
-
32:49 – The Importance of Communication with Financial Advisors
-
33:38 – Amending Tax Returns for Missed Deductions
-
34:09 – Managing Tax Liabilities When Funds Are Low
-
35:57 – The Consequences of Not Filing Taxes
-
37:32 – The Journey of Becoming a Financial Expert
-
39:01 – The Importance of Diversity in Financial Services
-
40:00 – Motivation and Personal Growth in Entrepreneurship
-
41:42 – Transitioning to a Client-Centric Business Model
-
43:30 – The Human Element in Financial Planning
This conversation is all about shifting your mindset, taking control of your finances, and finding the right support to build long-term wealth. If there’s one thing Alex makes clear, it’s that building wealth isn’t just about numbers—it’s about confidence, clarity, and community. Whether you’re just getting started or looking to level up, this episode will leave you feeling informed, empowered, and ready to take action.
Watch episode 319 on our YouTube channel! Subscribe here.
Loving episode 319? Leave us a review on Apple podcasts. Follow us on Instagram, Twitter, TikTok, LinkedIn, YouTube!
Until next time, stay empowered, stay inspired and #StayPoderosa ✨
WANT TO KICKSTART YOUR FINANCIAL JOURNEY?
Download our FREE 14-page guide covering all the topics you need to start making your dinero moves. From money mindset, to budget basics, we’ve got you covered.
💰Ready to make $5K in just 5 days? Join our brand new challenge and learn exactly how to do it. No ads, no complicated funnels, no fluff. Just real strategies that work.
Learn more here: yoquierodineropodcast.com/5k
Check out these YQD™ Partners:
BetterHelp—Professional support when you need it, at the fraction of the cost of in-person therapy. Get 10% off your first month with our sponsor👉🏼 https://betterhelp.com/dinero
