Debt & Finance Planning

Our advisors at Godbold, Romanov & Love CPAs can help you make a plan for paying off debt by organizing your debt based on interest rate, terms, any tax benefits, and more. This sort of debt management can help you figure out which debt to focus on first and how to lower what you pay in interest.

With interest rates in the United States on the rise since early 2022, you need to be aware of how high interest rates will affect your debt if you are thinking about taking out a loan or opening a new line of credit. We’re here to aid you in having a healthy financial future by mapping out your cash flow and identifying existing issues and potential problem areas.

We’ll come up with the best solution for you by sifting through your bank statements, credit card bills, loan statements, pay stubs, and tax returns over the last few years. With these documents in hand and a better look at the big picture, we can draft a budget that will cover essential spending without adding more debt and prioritize your debt payback strategy.                                                                                   

If you would like to sit down with us to discuss how we can help you with your tax and accounting needs, contact us for a free consultation.