Toya L. Meadows: Guiding You Towards Financial Excellence

Filing taxes requires a lot of paperwork. Everyone is pressed for time these days, and many people procrastinate on their taxes as they just do not want to face the numbers and go through the overall anxiety that the process entails. Having a tax professional can greatly simplify matters. He/she is someone with expertise, credentials, and hands-on experience to help you with your tax return and ensure that you have one less thing to worry about. Toya Meadows, CEO of Simple Tax Solutions, LLC, and Mind Your Assets Tax School is scaling her business, educating her community, and training other business owners to lead in the area of finance. 

Personal Life 

A Birmingham, Alabama native, Toya attained a degree in accounting and finance from Jacksonville State University and started her career as a tax professional in 2013. After working in corporate America for almost five years, Toya got fed up with her 9-5 job and resigned in 2017 to start her own tax firm, Simple Tax Solutions, 2018. She believed she had a greater calling and, for the next six months, worked diligently towards teaching herself how to accurately prepare tax returns, the foundations of business education, solid marketing campaigns, and other aspects. She toiled hard, hired and trained her staff, and created content for other Electronic Return Originators (EROs) on the side to train their employees. Toya’s grit and determination generated her very first six-figure income in the same year.  

Simple Tax Solutions LLC 

From start-ups to established enterprises, businesses rely on accurate and insightful financial information to maintain profitability and capitalize on new opportunities. As a tax consultant, Toya’s mission is to help clients maintain their present financial viability while strategizing to achieve future goals. With Simple Tax Solutions, she offers professional and personalized services for a wide range of financial and business needs. The company helps you steer closer to your goals with accurate record-keeping and reporting, and support on financial issues such as initial accounting system setup, cost-containment, tax planning, investments, employee benefit, and profit-sharing plans. The services offered, are framed keeping the client’s needs in mind, including Tax Preparation, Bookkeeping/Accounting Services, Personal Finance, Small Business Start-Up and Entity, Real Estate Investing, and Insurance Specializations.  

Become a Tax Pro 

Toya now leverages her countless hours of research and vast experience in coaching prospective clients to become a successful taxpreneur. In 2019, she launched her tax academy, Mind Your Assets Tax School, an IRS-approved continuing education provider that assists students in becoming proficient in tax concepts such as filing basics, dividends, distributions, and tax deductions. Upon successful completion, the student becomes a Registered Tax Professional with the IRS and receives 40+ IRS accredited CE hours reported to their Preparer Tax Identification Number (PTIN).  

Additionally, Toya’s tax coaching enterprise, LevelUp 2.0 Tax Coaching, and Consulting, mentors and trains tax business owners to help scale their businesses. In partnership with Mind Your Assets Tax School, it allows in-season tax professionals to apply for the paid program and successfully complete training as one of the requirements to open their own Simple Tax Solutions franchise. Toya’s mantra of “Choice is simple!” stems from the fact that she offers an umbrella of services under her brand, and clients do not need to go anywhere else.   

Stellar Performance 

Toya’s amazing work has not gone unnoticed. In 2019, she accepted a Congratulatory Certificate of Achievement from Birmingham Mayor Randall L. Woodfin’s Office in recognition of her honorable achievements. She also received a Certificate of Excellence and Appreciation from CrossLink Professional Tax Solutions, LLC, one of the most reputable tax professional software companies, for her outstanding performance as an ERO.  

The Road Ahead 

Toya has navigated immense challenges and risen from strength to strength to build her company and network. Besides intending to write eBooks to encourage and support people who want to become tax professionals, she also urges women to share their stories to help other women with limited resources but a strong desire to build their own businesses. “I would say, hang in there! Do not give up and keep going. Continue your research and keep yourself updated with all that is happening around you. As women, we can become unstoppable if we challenge ourselves,” Toya added, while speaking with WomLEAD Magazine.