- people on the move
Peggy Murphy uncovers the bottom line
Editor’s note: Each issue of the Influential Women enewsletter will feature a profile of one of the Business Journal’s reigning 50 Most Influential Women in West Michigan. The profile first appeared in the event program.
With 32 years in the tax preparation and advisory business and a regular guest expert spot for WOOD Radio’s “Morning News Show,” Peggy Murphy is a Grand Rapids business star in her own right.
She joined Hungerford Nichols CPAs + Advisors in 1995 and is one of seven shareholders who own and manage the second-largest locally owned CPA firm in West Michigan, which employs approximately 70 people in Grand Rapids and Greenville.
Murphy serves closely held and family owned businesses in West Michigan with a passion for keeping these companies healthy, focusing on the areas of taxation and assisting business owners in achieving greater profitability and meeting their goals.
Her expertise is relied upon by company decision makers on issues such as purchasing or selling, adding or retiring owners, handling real estate transactions, downsizing and growing, obtaining financing, succession planning and tax issues after life-changing events.
Murphy has been called upon to provide litigation support on financial data and exhibits and offer expert witness testimony. She also regularly presents technical topics in client seminars and association meetings, in addition to her radio and TV appearances.
In the community
In 2013, Murphy received the Alliance of Women Entrepreneurs Leadership Award and accepted the chair position overseeing a new sustainability division at GROW.
She has also recently joined the board of directors for Grand River Bank, supports Grand Rapids Civic Theatre as treasurer of the board and finance committee chair and is a past president of the Grand Rapids Economic Development Corp. and Alliance of Women Entrepreneurs boards.