Thryve Group LLC

Thryve Group LLC Entrepreneurial and innovative accounting firm serving small business owners seeking to grow. Check out the free Thryve Financial Hub! Join today!

Thryve Group LLC is an accounting firm dedicated to serving small business owners at the startup and scaleup stage. Our clients receive customized accounting solution based on their needs such as full service bookkeeping, fractional CFO and tax services. Clients can expect an outstanding experience combining high touch service with the latest industry technology. This community was built to empowe

r your growth on your financial journey as a small business owner. You'll find tools, discussions, insights, videos and more, to assist you in becoming a confident financial leader. https://thryvefinancialhub.mykajabi.com/

05/27/2026

Did you know your phone bill might be a tax deduction?

Most business owners skip this one entirely - or claim too much and create problems with the IRS.

Our latest video breaks down exactly how the phone deduction works, how to calculate your business-use percentage, and what records you need to stay protected.

Save this for tax season and share it with a business owner who needs it.

05/19/2026

Having an LLC does not mean you can write off your entire car.

It's a common assumption. The IRS only allows you to deduct the business use portion of your vehicle, and confusing the two can create real problems.

Our latest video breaks down exactly how vehicle deductions work, which calculation method is right for your situation, and what records you need to keep to stay protected.

If you're using a vehicle for your business at all, this one is worth your time.

05/12/2026

Just started a business? This one's for you.

Our latest video covers the 5 financial things every new business owner should set up right away — so you can skip the stress and build something that lasts.

Watch it now below.

Save this post and share it with a fellow business owner who needs to see it!

05/06/2026

⚠️ Missed a tax deadline? Here's what it could actually cost you.

If you haven't filed your business taxes, the IRS doesn't just wait around. They start charging a 5% penalty on what you owe every single month, up to 25%. On a $10,000 tax bill, that's $2,500 in penalties alone. And that's before daily interest starts stacking up.

Ignore it long enough and things get serious fast: tax liens, frozen assets, and the IRS filing a return on your behalf without any of your deductions.

The good news? There are options. Penalty abatement, payment plans, and catching up on late returns can all help limit the damage.

We made a short video walking through exactly what happens and what to do if you're behind. Worth a watch before it becomes a bigger problem.

04/06/2026

Most business owners stay on top of their company’s numbers but personal finances can easily get overlooked.

The reality? Your personal financial clarity is what drives long-term stability and freedom.

In our latest video, we break down how to build a simple personal financial dashboard so you can track your income, understand your spending, and see your net worth clearly - all in one place.

Watch the video to get started.

03/30/2026

You know your business revenue, but do you know your personal net worth?

High business income doesn't guarantee personal wealth. If you spend everything you earn, your net worth stays at zero. True financial independence comes from tracking what you actually keep:your total assets minus your total liabilities.

Learn how to calculate and grow your wealth in our latest video.

03/23/2026

Is the line between your business and personal finances getting blurry?

Unlike salaried employees, small business owners often deal with inconsistent revenue. This makes traditional budgeting a challenge.

In our latest video, we show you how to stabilize your cash flow by categorizing your expenses into a simple, stress-free system.

Learn how to calculate a reliable owner's draw and build a personal safety net so you can make confident financial decisions.

Watch the full breakdown below.

03/16/2026

Most entrepreneurs have a plan to build and sell their business, but no plan for what comes after.

Our latest video breaks down how to build financial independence that doesn't depend entirely on your company. Because markets shift, deals fall through, and relying on one asset is a risk you don't have to take.

Watch now to learn how to put a smarter strategy in place.

03/09/2026

No financial projections in Year 1? That's one of the most expensive mistakes a new business owner can make.

Our latest video breaks down exactly what to include in your first-year financial projections—from mapping out monthly revenue to calculating your breakeven point.

Watch it now 👇

03/02/2026

Budgeting as a business owner is harder than most advice makes it seem because most budgeting advice isn't built for you.

Our latest video breaks down why traditional budgets fail entrepreneurs and shares a simple, flexible framework that actually works with variable income.

Watch it below.

02/23/2026

If someone gives you money to help start your business, do you have to pay taxes on it?

It's a common question for small business owners and the answer might surprise you.

In our latest video, we break down:
✓ When gift money is not considered taxable income
✓ What reporting requirements you need to know
✓ How gift tax rules work for both the giver and recipient

Understanding these rules can save you unnecessary stress and help you focus on what matters most: growing your business.

Watch the full video below.

Address

3601 Green Road Unit 102
Beachwood, OH
44122

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