By Carlos Nazario
Carlos Nazario is a business coach and tax advisor. He has quite an impressive background as both a CPA (Certified Public Accountant) and a JD (Juris Doctor). He is currently the CEO of Tax Man Consulting, a tax preparation service for driven entrepreneurs. Carlos does a lot of the managing that is involved with the service. He recruits and trains clients, as well as signing them contracts. He supervised them and their work, with a flexible stance. Carlos is also involved with the Economic Growth Business Incubator (EGBI), and supports many of the small businesses related to the organization.
In his earlier years, Carlos spent time in his father’s office where he studied and developed an interest in taxes. He met his father’s friend and counselor: a CPA and lawyer who would later mentor Carlos. This lawyer saw potential and advised Carlos to get a bachelor’s degree in accounting then law. Following this advice, Carlos got his bachelor’s in accounting and his JD from the University of Puerto Rico, setting a strong educational foundation for his dual‑discipline approach. After 9 years of study, he was ready to enter the professional world.
Carlos gained experience at both big 8 and smaller accounting firms, giving him a broad view of the industry and an appreciation for the unique challenges faced by small businesses. Carlos discovered that he appreciated the small mom and pops shops that are often overlooked. The opportunity to see these small businesses grow is what keeps him determined in his job. This led him to discover Taxman Consulting as he could apply both his accounting and legal knowledge while directly supporting the growth of small businesses
His passion for small business success is what led Carlos to get involved with EGBI. For him, giving back to the community is more than just a good deed—it’s a way to pay forward the knowledge and mentorship he received early in his career. “EGBI is full of resources and real knowledge,” he says. “It’s rewarding to see businesses go from an idea to something sustainable and profitable.”
One of Carlos’s most notable mentorship experiences was with a client who wanted to open a preschool.They were struggling at first to form the idea and execute the business plan. They weren’t sure if this was the right design and needed advice. Carlos stepped in to help them navigate everything from regulations to logistics. There was a lot of potential in this idea since the demand for preschools was very high at the time. He encouraged them to start small by converting part of their home into a childcare space. Within three months, they were up and running. The business grew quickly, and they eventually purchased a second facility. Carlos is now helping them expand into that space as well. Their first year brought it a great profit showing how success can come with the right idea, execution and guidance.
When asked what advice he’d give to aspiring entrepreneurs, Carlos is quick to emphasize the importance of being prepared. “Take advantage of organizations like EGBI,” he says. “Know what resources are out there. Build relationships with a banker, with a CPA. Know who to call and when to call them. Planning and having a good network are everything.”
Overall, Carlos Nazario’s story is a powerful reminder that with the right guidance and a willingness to give back, it’s possible to make a real difference in the lives of others. Through his work, he’s helping build stronger, more empowered small businesses, as well as giving back to the community. If you would like support in starting or running a business from EGBI, click the link below. https://egbi.org/