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Ira Salls is an inspiration for her history-making role as a McDonald’s franchisee. Salls, a Cincinnati, OH, native, graduated from Northern Illinois University and later earned both an MBA and a master’s degree in public administration from Northwestern University. She secured her franchise title in 1991, as she explained during an interview with WHAS 11 in 2021. Before becoming an owner and operator, she first worked at the fast-food chain as an accountant. “I was hired by McDonald’s because I already had a degree and (was) a CPA. McDonald’s was forward thinking, and they wanted Black CPAs working in their accounting department,” she recalled to the outlet. Salls’ pivot to owning her own McDonald’s locations led her to become the first Black woman franchisee of the chain in Kentucky and Indiana in 1991, the Louisville Business Journal reports. She would go on to become one of the company’s most successful operators, managing six locations in Louisville, KY. She also understood the...
GloRilla had to take control of her spending after her first hit single took off. In 2022, the Memphis, TN-born artist, born Gloria Hallelujah Woods, found success with the release of her single “F.N.F. (Let’s Go),” produced by Hitkidd. ”It didn’t take the song long to blow up. It blew up in like three days,” she said during an interview on “The Shop” podcast. “So, I was just traveling the world like two days after I dropped that song ‘cause all the labels were calling me everywhere. So yeah, my life changed, changed right after I dropped that song.” Her newfound fame came with some learning curves, such as keeping her spending habits in check. During the interview, she notes that she shifted her mindset with spending when rap-artist-turned-music-executive Yo Gotti intervened and suggested she hire an accountant. “My first year I blew up, this was before I got an accountant. I was just spending money, and I’m like, ‘Okay, I’m getting it. I’m making it but I’m spending it too,'” she...
An accountant took advantage of Kenan Thompson’s glory days at Nickelodeon. During an interview on “The Breakfast Club” podcast, the comedian recalls his experience with an accountant who went sour between 1999 and 2000, leading him to go broke and lose $1.5 million. “I’ve been blessed to continue working, but I had a bad accountant, and it came to the light around ’99, around 2000, which was really bad timing ’cause that’s right when I left my consistent gig. So, then I went into being an adult actor for hire, and that is very hit and miss,” Thompson said. He was introduced to the accountant by his mother, as the man had previously helped her with her taxes. The pair had given the accountant power of attorney, which would permit him to act on their behalf on a temporary or permanent basis, according to the American Bar. “We gave that dude power of attorney when we shouldn’t have. I was a kid and my mom was trying to protect me,” Thompson mentioned. “He had helped her out of her and...
Following a hiatus from 2006 to 2017, Xscape has been back at it in the industry ever since. Now, as a trio, Kandi Burruss, Tameka “Tiny” Harris, and Tamika Scott have continued to tour on the road. What’s more, they’ve released their Bravo show alongside fellow legendary R&B group, SWV, “SWV & Xscape: The Queens of R&B.”
“I’ma spend his cream, seduce, and scheme.” If you’re not familiar with those lyrics, get hip as they are the catchy words to the single from the fictional characters “Shawna” and “Mia” from Issa Rae’s “RAP SH!T.” And it looks as if New York rapper Fat Joe is on the opposite side of those lyrics in real life. According to a report from Billboard, the “Lean Back” rapper is suing his accountants after claiming they stole millions of dollars in a “fraudulent scheme.”
LL COOL J is setting the record straight for anyone with something to say about the pioneers of Hip-Hop. The genre, which was birthed by DJ Kool Herc during a back-to-school party hosted in the Bronx, NY, on Aug. 11, 1973, has changed the lives of people across, not just the nation, but the planet. Now, some recent remarks made by DJ Akademiks have caused some to raise their eyebrows and give a reminder of what those early contributions to Hip-Hop looked like.
Picture it, the year is 2007, and from speakers all across the nation, you could hear the melodic echo of, “You can stand under my umbrella, ella, ella, eh, eh, eh.” From dirty whining to fans singing at the top of their lungs, Rihanna had music listeners in a proverbial chokehold with her chart-topping hit. This phenomenon would prove consistent as the Barbadian artist continued to make Billboard hits for almost every occasion. Want to set the straight record straight about who you really are? Consider playing “Needed Me.” In a particular mood to be in the streets? “Rude Boy” may be your song of choice. And if you need to get what you’re owed, there’s little doubt that “B-tch Better Have My Money” is your anthem. No matter where you land, there is not a lot of space to deny Rihanna’s impact on music. However, the 34-year-old artist didn’t limit herself to music. Born Robyn Fenty, the musician got deep into her cosmetic and lingerie bag with her brands Fenty Beauty and Savage x...
When you started your business , you may have been looking for ways to save as much as possible. Perhaps you’ve considered hiring an accountant but can’t seem to justify the extra expense. However, you could actually be saving your business money in the long run. Below are 4 reasons why you should hire an accountant for your small business. 1. SAVE MONEY Accountants are experts in taxes. That means when tax time rolls around, you’ll be able to save money through tax breaks and deductions. In fact, in a survey of about 400 small business owners, over half of them believed they overpay in taxes each year. That same survey showed that accountants are the most important professionals for small businesses — ahead of attorneys. 2. REAP BENEFITS FROM GOOD BOOKKEEPING There are likely lots of other things you’d rather do than perform the mundane tasks of collecting records, reconciling accounts, and everything else involved in bookkeeping. Hiring an accountant can save you from this work...
Lloyd understood the importance of being a student of the game when he entered the music industry as a child. Industry Journey The R&B crooner is known for hit songs such as “You,” his “biggest earned streamed song.” He spent a lot of time in the studio learning from those who paved the way such as Dallas Austin, Gerald Busby, Tricky Stewart, as well as Joyce Irby, a mentor of his who signed him to Atlanta-based teen pop group N-Toon in 1997 when he was just 10 years old, noted Foxy 107.1/104.3. “She basically just poured a lot of time and love into me so that I wouldn’t make kinda the same pitfalls in the beginning. So by the time I was 18 years old, I was really headstrong. I knew exactly what I wanted. I knew exactly how to find my sound, and I wasn’t gonna let anybody tell me what I already knew, “ Lloyd said following a performance on the Coca-Cola Stage at the Convention Center during the 2025 Essence Festival of Culture, held in his hometown of New Orleans, LA. Photo Credit:...
Millions have been raised to simplify the workflow of tax returns. Founded in 2024, Filed is an accounting software company that utilizes artificial intelligence (AI) to prepare tax returns in minutes rather than hours, according to its website. Its inception was inspired by real-time observations of accounting firms, including those in India, which revealed that their challenges stemmed not from a lack of tools but from labor shortages. This is where AI comes into play. “Filed automates the most time-consuming parts of tax prep. It organizes documents, validates returns, and flags anomalies based on the logic your team already uses. It integrates directly with CCH Axcess, UltraTax, Lacerte, Drake, and other major tax software,” a post shared by the company read. So far, Filed has proven to be a success. Tens of thousands of tax returns were processed using Filed in the Q1 2025 tax season with firms sharing hopeful testimonials, as seen on the company website. One includes Josh...
Gabby Thomas is chasing purpose not a check. The Harvard University alum and track runner, who boasts several gold medals at the Olympic level, has remained grounded throughout all her success over the years. This she attributes to her upbringing in a single-parent household. Thomas views her mother, Jennifer Randall, as a “superhero” and credits her for the work ethic that she carries today on and off the field. According to information shared on the Olympics page, Randall moved her family to Massachusetts from Georgia with few financial resources so she could obtain a Ph.D. while teaching. Today, she is a professor at the University of Michigan, her LinkedIn states. “She showed me what leading with work ethic and compassion looks like on a daily basis,” Thomas told AFROTECH™ in an email interview. “Furthermore, she led with a focus on education and giving back. She taught me that leaving a place better than you found it is not only the nice thing to do, but the right thing to do....
Small business owners face a variety of risks, from economic downturns to lawsuits and unexpected disasters. When financial difficulties lead to bankruptcy, many business owners wonder if insurance can provide any protection. While insurance is designed to mitigate risk, not all policies cover bankruptcy-related losses. Understanding which types of insurance can help and what limitations exist is essential for business owners navigating financial uncertainty. The Role Of Business Insurance In Financial Protection Business insurance serves as a safety net against potential financial losses, but most policies are structured to cover specific risks such as property damage, liability claims, or employee-related incidents. Traditional business insurance does not directly cover bankruptcy, as bankruptcy itself is not considered an insurable event. Instead, insurance policies focus on protecting businesses from events that may contribute to financial distress, such as lawsuits, theft, or...
If you’ve ever casually flipped through the television channels in search of something to watch, you probably already have a cursory knowledge of Tyler Perry’s massive TV empire . The writer, director, producer and actor has spent the last two decades absolutely dominating the film and television world, with such acclaimed projects as “Why Did I Get Married,” “I Can Do Bad All By Myself” and more recently, “Beauty In Black.” Perry has brokered exclusive deals with entertainment giants including Netflix and Amazon Prime Video, and has even opened a massive studio facility in Atlanta, which spans over 330 acres. The New Orleans native has also spoken at length about his mission to support Black actors, writers and filmmakers through his expanding empire, even serving as a mentor to 50 Cent . Since Tyler Perry has become such an enormous part of the Hollywood system, it only makes sense that fans far and wide have started searching for ways to get involved. Luckily, we’ve got the...
If you’ve grown up in the digital age , you likely have some understanding of how unreliable information spreads across the net. Millennials far and wide have been inundated with enough YouTube troll comments, Nigerian prince emails and “free iPhone” pop-ups to build a healthy skepticism of internet browsing. Now, it seems that this learning curve has become a perennial part of growing up, as Gen Z and Gen Alpha are surmising that social media apps like TikTok are rife with terrible financial advice. New studies from researchers at Intuit Credit Karma estimate that over 77 percent of Gen Z kids are looking to influencers on the short-form video app for money management, while roughly 61 percent of millennials are doing the same on YouTube and Facebook . In order to understand just how damaging these financial words of wisdom can be to a growing audience of youngsters, lets take a moment to briefly run through the data, and see exactly where young people are being led astray. After...