By: Lydia Patel

When you think of tax season, “fun” probably isn’t the first word that comes to mind. But for Lorraine Millington, founder of Melanin Tax, taxes are more than just forms and numbers. They’re a tool that, when understood and used intentionally, can help women entrepreneurs build financial awareness, shift their mindset, and begin reclaiming control over their money.

Raised in the Bronx with Caribbean roots from Jamaica and Barbados, Lorraine brings her authentic energy, financial expertise, and love of hot yoga into every client conversation. Her approach is clear and practical: know your worth, charge your worth, and develop a business that supports your life instead of overwhelming it.

“We want to help, that’s in our nature,” she says. “But not charging enough is one of the biggest mistakes I see. You can’t grow your business or save on taxes if you’re not generating enough income to reinvest.”

From Pitfalls to Power Moves

Lorraine works with women who are passionate about their business but not always prepared. Many start with limited capital, confusion around how to structure their business, and no strategy for long-term growth. That’s where Lorraine steps in.

“Before you make any big moves, talk to someone like me,” she advises. “Because every business decision is also a tax decision. And cookie-cutter setups can cost you down the line.”

She helps clients:

• Choose the right business structure (LLC, sole prop, S corp)
• Understand how personal life (like kids or marital status) impacts taxes
• Track and categorize every expense since even small receipts can contribute to meaningful deductions

It’s About More Than Just Taxes

Photo Courtesy: Dezirae B Multimedia

Lorraine isn’t just about filing returns—she helps shift the way women think about money. “We’re often taught to give and serve, but we have to ask—are we taking care of ourselves first?” she says. “You can’t pour from an empty cup.”

And she emphasizes: financial health isn’t just about income—it’s about mindset. That’s why she encourages her clients to invest in themselves, keep good records, and think ahead, rather than operating in constant reaction mode.

“Every dollar you spend on growth conferences, coaching, and marketing can be a write-off. But only if you track it. And categorize it right.”

She also breaks down the myth that you need to “know it all” to get started. “You don’t need to be a tax expert,” she says. “You just need to work with someone who can guide you.”

Two Must-Do Money Moves

Whether you’re brand new or looking to get your finances on track, Lorraine suggests two simple but impactful steps:

Charge your value

“Know your worth. Don’t underprice yourself just to get in the door.”

Invest in yourself

“I hired a coach, and it changed everything. Business is personal. You need structure, support, and someone who understands the highs and lows.”

Final Words for Women in Business

Photo: Courtesy: Dezirae B Multimedia

Lorraine’s message is clear: You don’t need to have it all figured out on day one. Start with small, strategic steps. Build with support. And never hesitate to ask questions.

“Taxes can be fun, especially when you have the right person on your team. You know enough to be dangerous. The rest? We figure it out together.”

Ready to Take the Next Step?

Photo: Courtesy: Lorraine Millington

Visit www.melanintax.com to schedule a free consultation.

Coming Soon: Melanin Money Moves podcast.

Follow @MelaninTaxSolutions on Instagram, Facebook, YouTube & LinkedIn.

Taxes don’t have to be stressful. With the right mindset and strategy, they can become a tool for growth and clarity.

Disclaimer: The content provided in this article is for informational and educational purposes only and should not be construed as financial, legal, or tax advice. Individual financial situations vary, and readers are encouraged to consult a qualified tax professional or financial advisor before making any business or tax-related decisions. Any examples or strategies mentioned are illustrative and may not produce the same results for all individuals.

Published by Joseph T.