Penny Rose

CPA

Penny Rose is a Certified Public Accountant (CPA) with a unique blend of expertise in forensic accounting and small business tax strategies. Born and raised in Central New York, Penny now calls the open road her home as a full-time RVer based in Florida. This nomadic lifestyle fuels her passion for various forms of travel, including cruising, train journeys, flying, and of course, RVing.

With a career spanning over two decades, Penny's professional journey began with a 20-year tenure as a forensic accountant for the FBI. This experience honed her skills in interpreting, understanding, and applying laws to complex financial situations. In July 2019, Penny embarked on a new chapter, launching her own practice as a side-hustle, which blossomed into a full-time venture by June 2023.

Today, Penny specializes in helping mom-owned service-based businesses use their enterprises to build financial legacies for their children while optimizing tax strategies. Her unique approach was inspired by a conversation with the host of the Investor Mama podcast, where she recognized the need for expert guidance in setting up Roth IRAs for children through family businesses. This realization ignited Penny's passion for empowering mompreneurs with tailored financial solutions.

Penny's expertise is backed by a master's degree in accounting and financial management, complemented by a bachelor's degree in economics. Her 20 years of experience reviewing tax returns equips her with an intricate understanding of the necessary forms and filing procedures. Clients benefit from Penny's comprehensive "done with you" service, which provides all the tools and knowledge needed for moms to hire their children legally and tax-efficiently.

What sets Penny apart is her ability to simplify complex tax strategies, making them accessible and actionable for busy mom entrepreneurs. She finds great satisfaction in witnessing the moment when a client realizes they can save on taxes while creating legal opportunities for their children to invest in Roth IRAs. Penny's approach not only saves her clients valuable time but also provides them with peace of mind, knowing they're working with a seasoned professional who has already navigated the intricacies of these financial strategies.

Known for her approachable personality and proactive attitude, Penny is often described as easy to like and quick to take action. Her proudest professional moments come from helping mompreneurs untangle complex tax situations, providing relief and clarity in what can often be an overwhelming process. When she's not crunching numbers or strategizing tax savings, Penny enjoys exploring hot springs and indulging in various travel adventures.

As a CPA with a background in forensic accounting, Penny brings a unique perspective to her work with mom entrepreneurs. Her goal is to be recognized as the go-to expert for moms looking to hire their children in their businesses, leveraging her extensive experience to create lasting financial impacts for families. With a combination of technical expertise, a passion for helping small businesses, and a unique life perspective, Penny Rose offers a refreshing approach to financial planning and tax strategy for mom-owned businesses.