Podcasts about cpa firms

Meghan Hickman has spent over three years as our EOS implementer at Poe Group Advisors, and this conversation is one we have been looking forward to sharing. Meghan works with entrepreneurial leadership teams to help them build structure, create accountability, and scale with intention. She has helped over 40 organizations do exactly that, including ours.The conversation covers:How a career in politics taught Meghan to recognize when your work is bringing out the worst in youWhy the "right person, right seat" framework gives leaders language for decisions they already sense but can't articulateHow the Accountability Chart reveals the structure a firm actually needs vs. the one it has outgrownWhy the Vision Traction Organizer works where traditional strategic plans fail, because it evolves every 90 daysHow to distinguish between head signals and heart signals when deciding whether to restructure or exitWhy the companies that scale fastest are the ones willing to run toward hard problems and simplify relentlesslyHow vulnerability-based trust separates teams that break through from teams that stay stuckTimestamps:00:36 - Meghan's background: from US Senate press secretary to entrepreneur 01:26 - How a copy of "Traction" in 2014 changed the direction of Meghan's career 01:52 - Growing an EOS company by 62% in five years and launching her own practice 03:12 - Starting in the least entrepreneurial environment possible: bureaucracy vs. the private sector 04:43 - The moment Meghan knew it was time to leave: the night Osama bin Laden was captured 06:09 - Sending out resumes at 1:00 in the morning and the one that changed everything 07:48 - Effective self vs. destructive self activity: the exercise that explained everything 09:28 - What working in the private sector revealed about her unique abilities 11:14 - Core value alignment: using values to attract the right people like a magnet 13:04 - Why the press secretary seat was the wrong one and what EOS language helped her understand 15:21 - Burnout vs. readiness to sell: how to tell the difference 17:04 - Head signals: the business is running you, things feel harder than they should 19:14 - The prescription for heart signals: a leap, whether that is a transition, a sale, or a new chapter 22:02 - Meghan's own red flags: road rage, everyone seems difficult, an unmade bed 25:37 - What the Accountability Chart actually does and why it matters past five or ten employees 28:08 - The value of an outside perspective: seeing the game when you cannot see it from the field 30:22 - The Vision Traction Organizer: a two-page strategic plan that actually gets used 33:17 - How your ideal clients evolve as your firm evolves, and why revisiting matters every 90 days 37:20 - Why firms that obsess over simplification and say no more than yes scale the fastest 40:05 - Meghan's memorable career story: getting her senator to the Today show in the nick of time 45:06 - There is no learning in the comfort zone, and no comfort in the learning zone 45:48 - Book recommendations: "Traction," The Five Minute Journal, and "The Gifts of Imperfection."

Joe Woodard has trained over 150,000 accounting professionals and spent his career studying what separates firms that grow from firms that stay stuck. His answer? It almost always starts with pricing.In this conversation, Joe walks through the Woodard Ideal Practice Model, which focuses on seven key areas of operational excellence: brand, services, clients, technology, process, engagements, and team. But the most actionable insight he shares is simpler than a seven-part framework. He says the very first lever any firm should pull is pricing, and he lays out a specific strategy for doing it. Double the price on your bottom 20% of clients. If half of them stay, you have the same revenue. If all of them leave, you get the capacity back. Either way, you win.Joe also shares a measured perspective on AI adoption, noting that mass adoption in accounting is still 12 to 18 months away and that the best thing practitioners can do right now is learn directly from the developers of the platforms they already use.This episode is for firm owners curious about how to create capacity without hiring, practitioners ready to revisit their pricing strategy before the next busy season, leaders wondering where to start with advisory services, and anyone interested in a practical framework for building a more valuable practice.Timestamps00:14 - Introducing Joe Woodard: founder of Woodard, host of Scaling New Heights 02:03 - How Joe's practice led to Scaling New Heights and a coaching and consulting division 04:01 - The shift from compliance to advisory: what is holding CPA firms back 06:01 - Skill set and mindset working together: cash flow projections, dashboards, and KPIs 07:16 - The downward spiral: too busy to invest in new skills, team pressure, and turnover 09:18 - Applying the Pareto Principle to your CPA firm client base 10:42 - How to move methodically through the full client base after creating capacity 12:19 - How pricing improvements affect CPA firm valuation: revenue per FTE and clients per million 13:33 - Why the mindset block comes back around when targeting larger advisory clients 16:34 - How to reinvent your service structure instead of just improving the existing one 19:05 - Why most accounting firms are under-contracted and what to do about it 20:13 - AI adoption in accounting: where the profession is now and how fast it is moving 22:30 - Xero, QuickBooks, and Intuit: how AI integrations are already changing daily workflows 24:08 - Joe's story: his daughter, a butterfly named Alicia, and a mockingbird 27:01 - Book recommendation: "A World Without Work" by Daniel Susskind 29:03 - Where to find Joe Woodard online: woodard.comDownload Now: https://poegroupadvisors.com/accounting-practice-academy/increase-letter/Price increases are nothing to fear. The real challenge is effectively informing clients of these changes. Our templates will help you demonstrate your value and help clients understand the increases necessary to keep your firm afloat.*Download now and receive:*- (1) Major Fee Increase Letter Template- (1) 20% Fee Increase Letter Template

Are you spending so much time working *in* your business that you no longer have space to work *on* it? In this episode of Growth Amplifiers, host Kenny Harper sits down with Will Hill, founder of Will Hill Consults and one of Accounting Today's Top 100 Most Influential People in Accounting, to talk about how CPA firms and accounting professionals can adapt, grow, and create more meaningful impact in a rapidly changing market. Will shares practical insight on navigating AI and technology changes, avoiding analysis paralysis, choosing the right tools for your firm, and building scalable processes without losing the human connection that clients value most. This conversation explores why firm owners need to stop waiting for the “perfect” solution, how niching can actually create more opportunity, and why creating space for strategic thinking may be one of the most important growth moves you can make. In this episode, you'll hear about: • Why working only in the business can keep firms stuck • How AI is changing the accounting and advisory landscape • Why waiting too long to adopt technology can put firms behind • How to choose tools based on your purpose and fundamentals • Why niching helps firms create repeatable, scalable services • How to separate true client nuance from process inefficiency • Why better client conversations create new advisory opportunities • The importance of creating space to think, connect, and grow Connect with Will Hill: Website: willhillconsults.com Email: will@willhillconsults.com LinkedIn: Search “Will Hill” If this episode gave you a new idea or helped you think differently about your business, share your biggest takeaway in the comments. Remember: new actions create new results. #GrowthAmplifiers #KennyHarper #WillHill #AccountingFirms #CPAFirms #AccountingTechnology #AIinAccounting #FirmGrowth #BusinessStrategy #AdvisoryServices #Leadership #ProcessImprovement #BusinessGrowth ```

Relationships, Not Technology, Will Define Success.Full show notes hereGear Up for GrowthWith Jean Caragher“More than anything else, I think CPAs have this incredible opportunity right now to redefine our relevance in the future,” Jennifer Cryder, CEO of the Pennsylvania Institute of CPAs, says in the new episode of Gear Up for Growth with host Jean Caragher. “What CPA meant for the last hundred years was relatively static. All of that has changed.”MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth here | MORE CPA Trendlines Streaming Network hereCryder says that the profession is at a pivotal moment. While artificial intelligence and new market entrants are transforming service delivery, Cryder stressed that the profession's true competitive advantage lies in human connection.READ MORE >>>CPA Trendlines - Gear Up For Growth_wJean Caragher_Ep 65 - Jennifer Cryder

Scaling an eight-figure accounting, tax, law and advisory firm by breaking all the rules.Full show notes hereBig 4 TransparencyWith Dominic Piscopo, CPARobert Gauvreau, FCPA, founder and CEO of Gauvreau Accounting, Tax Law and Advisory, joins Dominic Piscopo on the Big Four Transparency show to explain how he's scaling an Ontario-based firm from a non-obvious location—Peterborough, not Toronto—into a $20 million operation built around fast decision-making, aggressive reinvestment in talent, and a deliberately non-traditional partnership structure.MORE Dominic Piscopo | MORE CPA Trendlines Streaming NetworkGauvreau says he made a strategic decision from day one to never take on equity partners, arguing that the traditional partnership model is “broken” because conservative consensus-driven decision-making too often blocks growth. Instead, he built a structure of high-compensated “partners” who share in wins without taking on debt, working-capital risk, or ownership downside—while enabling the firm to move quickly without governance gridlock. He framed the tradeoff clearly: partners get stability and upside participation, while the founder retains the long-term exit value.READ MORE >>>

AI Readiness Gap Threatens CPA Firm Competitiveness.Full show notes hereGear Up for GrowthWith Jean CaragherSponsored by The True Adviser: Buy now | Learn more“This is a make-or-break year for AI in accounting,” says Ellen Choi, founder and CEO of Edgefield Group, in the new episode of Gear Up for Growth, hosted by Jean Caragher.“Firms that don't move now will start to see a widening gap between themselves and competitors who have already begun building these capabilities.”MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here MORE Gear Up for Growth | MORE CPA Trendlines Streaming Network hereChoi warns that timing is critical, and firms that delay action risk falling behind. With even basic AI tools capable of delivering immediate productivity gains, firms that act quickly can improve efficiency, enhance client experience, and create capacity for growth.READ MORE > > > GUFG_Ep 64

Your CPA firm is growing but is your team growing with it? Terrell Turner, co-founder of TLTurner Group, talks about how growing CPA firms can take control of their capacity. Terrell shares the exact framework his firm uses to measure workload, standardize processes, and know with confidence when to add more clients without overwhelming the team.Terrell brings a manufacturing mindset to accounting, mapping out every step of the client service process and measuring how long each step takes. That discipline gave his 11-person firm clarity on capacity that most accounting firms never reach. If your firm is growing but capacity feels like a ceiling, this episode will help you break through. Hit play on Smarter Capacity Planning For Growing CPA Firms with Terrell Turner.Episode resources:● Website: https://anderscpa.com/ ● If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.com ● Check out the Virtual CFO Playbook Course:  https://anderscpa.com/virtual-cfo-services/vcfo-playbook/   QuotesTerrell Turner: "Since 70% of our recurring work is on the bookkeeping side, it functions a little bit more like a manufacturing line."Tom Wadelton: "When you invest that time doing internal reviews before client meetings, it's worth it."Jody Grunden: "We get paid as owners to make decisions. We don't get paid as owners to put in hours."Terrell Turner is the co-founder of TLTurner Group, a firm specializing in bookkeeping and CFO services for law firms. With a background in Fortune 500 financial management and a passion for translating complex financial information into clear business decisions, Terrell has built a niche-focused firm that uses a process-driven, capacity-first approach to client service and team management. LI: https://www.linkedin.com/in/terrellturner/ FB: https://www.facebook.com/terrell.turner.7/ IG: https://www.instagram.com/terrell_a_turner/  Connect with TLTurner Group:LI: https://www.linkedin.com/company/tlturnergroup/ The Modern CPA Success Show is the go-to podcast for accounting firm owners eager to enhance profitability and master Virtual CFO services. This podcast leverages combined expertise in delivering top-tier Virtual CFO services across North America.Website: https://anderscpa.com/learn/podcasts/the-modern-cpa-success-show/  Facebook: https://www.facebook.com/AndersCPA LinkedIn: https://www.linkedin.com/company/anders-cpa/ Instagram: https://www.instagram.com/anderscpa/ YouTube: https://www.youtube.com/@andersvcfo Tom Wadelton is a Partner and Virtual CFO at Anders, bringing over 20 years of financial expertise from his tenure at a Fortune 500 company. He has extensive experience spanning fin

At stake: Growth, relevance and survival.Full show notes here.Gear Up for GrowthWith Jean CaragherSponsored by The True Adviser: Buy now | Learn moreCPA firm leaders must act decisively on technology, talent strategy and long-term identity or risk falling behind in a rapidly evolving marketplace, Lexy Kessler, Chair of the AICPA and a partner at Aprio, tells Jean Caragher in a new episode of Gear Up for Growth.MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here MORE Gear Up for Growth | MORE CPA Trendlines Streaming Network hereIn a wide-ranging discussion, Kessler focuses on three urgent priorities for firm leaders.  

How savvy CPAs are unlocking powerful insights buried in their practice management systems. Plus: Download the slide deck. See all the show notes hereGear Up for GrowthWith Jean CaragherFor CPA Trendlines“What surprised me most isn't what the data says,” says Michelle Golden River, CEO of Fore LLC, in a new episode of Gear Up for Growth, powered by CPA Trendlines. “It's that almost every CPA already has it, and it rarely makes it into leadership conversations.” MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth | MORE CPA Trendlines Streaming Network hereRiver tells host Jean Caragher, president of Capstone Marketing, that firms are overlooking powerful insights buried in their own practice management data. River challenges CPA firm leaders to rethink long-held assumptions about growth and sustainability. “There is no reason we should be taking a high volume of low spenders when it's killing us. It's ruining our sustainability chances,” she says.River leaves three big takeaways for CPA firms. 

What does risk look like for CPA firms today? In this episode of Future-Proof, we sit down with Stan Sterna of Aon to explore how the risk landscape is evolving across the profession.Stan explains how new technologies, shifting regulations, workforce changes, and expanding advisory services are creating both opportunity and exposure for firms. He highlights why risk management must move beyond checklists and become part of firm culture, with clear expectations around engagement letters, documentation, staffing, and communication.From hybrid work challenges to AI overreliance and the impact of busy season on decision-making, this conversation offers practical insight into how firms can manage risk more strategically and avoid the shortcuts that can lead to costly mistakes.Resources:Stan Sterna, SVP Accounts Risk & Control Lead at Aon, LinkedIn ProfileAon, Professional Services Practice

Illinois CPA Society CEO lays out the three big challenges.Full show notes hereGear Up for GrowthWith Jean CaragherFor CPA Trendlines“What got you to this point is not going to be what gets your firm to its next major milestone,” says Geoffrey Brown, president and CEO of the Illinois CPA Society.MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth | MORE CPA Trendlines Streaming Network here“Be flexible. Be nimble,” he tells Jean Caragher in this episode of Gear Up for Growth. “Surround yourself with the right people and take advantage of opportunities that help you lead into the future.” Brown outlines the forces reshaping public accounting and the leadership mindset required for the future.Top Takeaways How Private Equity Is Forcing Firms to Rethink Everything The New Skills Needed for the Advisory Future Why Demographics Are the Profession's Biggest Challenge

Greg Toner kept only his best clients, raised prices, picked one niche, and grew his practice 15X.While many CPAs accept any business that comes their way, Greg found success by being highly selective. He looked at his client list, identified the bottom 10% who weren't getting value from his work, and let them go. Then he raised fees on the clients who remained. His team didn't complain. His revenue didn't drop. And the capacity he created allowed him to focus exclusively on serving veterinarians across Canada.Today, Greg works with 360 vet practices from coast to coast. He doesn't prepare tax returns anymore. He doesn't do bookkeeping. His role has evolved into technical sales and high-level tax planning because he built systems that allow his team to handle the rest. When you niche down and get really good at solving the same 15 problems over and over, referrals fly and close rates skyrocket.This is the third episode in our Power of Focus series, where we explore how CPA firm owners use focus as a strategic advantage. Greg's story proves that the riches really are in the niches, but only if you're willing to make the hard decisions first.Timestamps:01:55 - How firing the wrong Accounting clients changed everything 03:18 - The APA spreadsheet that made the decision obvious 04:14 - Why his team was happy to see clients leave 04:57 - No revenue loss, not even in the short term 05:19 - The dam holding back good clients 06:17 - Why he joined APA (opportunistic, not desperate) 07:01 - From sole Accounting practitioner to 15X revenue 07:28 - Evolving from doer to technical sales role 09:11 - The mental leap of hiring high-salary staff for your CPA firm  11:07 - Solve the same problem 100 times, become a hero 12:23 - Why niching down made CPA Firm growth rapid 13:26 - 10 leads a week, high close rate 13:50 - How 15 vet clients became 360 across Canada 15:18 - The horror film basement full of paper files 16:56 - Book: 10x Is Easier Than 2x by Dan Sullivan

And why culture matters more than ever.Full show notes here Gear Up for GrowthWith Jean CaragherFor CPA TrendlinesSponsored by The True Advisor:  Buy now | Learn moreAlan Whitman isn't trying to build a better CPA firm. He's trying to replace it.At Nichols Cauley, the former Baker Tilly CEO is recasting the traditional accounting practice as a “financial services company”—a structure that blends tax, insurance, risk, and transaction advisory into a single, continuous client relationship.MORE ALAN WHITMAN: PE Deal Tracker Update: Alan Whitman Plants a Flag in the Private Equity Landscape | Breaking the Mold with PE Backing | Build Culture on ‘Progress,' Not Change | Moss Adams-Baker Tilly Merger: Bigger Isn't Better. Better Is Better.| Unlocking the Secrets to Smart Growth MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth | MORE CPA Trendlines streaming videos and podcasts hereThe goal, he tells Jean Caragher in this episode of Gear Up for Growth, is not to expand services around the edges, but to collapse them into one integrated model designed to “manage, protect, and grow” client wealth in a recurring loop.The shift reflects a broader rethinking across the profession, in which private equity capital, client demand for one-stop advisory services, and advances in AI are pushing firms beyond the partnership model that has defined accounting for decades.Having previously led transformational growth at Baker Tilly, Whitman rejects the notion that rapid growth damages culture.“That's hogwash,” he says. “Culture comes down to one word: trust.”

In this episode, host Melanie sits down with renowned CPA and serial entrepreneur Mickey O' Neal to explore the strategies and lessons that have fueled his decades-long success in business. Mickey shares the story behind his unconventional entry into public accounting, how he grew multiple major firms, and why he's found greater fulfillment and efficiency working solo rather than with partners. The conversation digs into the risks and rewards of professional services, the importance of recurring revenue, and the challenge of maintaining integrity in partnerships.

Too many potential clients, not enough staff or capacity.Full show notes hereGear Up for GrowthWith Jean CaragherFor CPA Trendlines“CAS is kicking CASS right now,” says Kane Polakoff, principal and CAS practice leader at CohnReznick, in the new episode of Gear Up for Growth, hosted by Jean Caragher, president of Capstone Marketing. “It's on fire, especially over the last five or six years. The demand is incredible, but the key is having a strong delivery mechanism and the right capacity to provide real value to clients.” MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth | MORE CPA Trendlines Streaming Network

Private equity is flooding into accounting, but taking an offer because of the flashy number on the table isn't always the best decision.In this crossover episode with the Inside Public Accounting Podcast, Brannon Poe joins host Rob Brown to break down what's really happening in CPA firm M&A right now. After attending a private equity conference at Harvard Business School, Brannon shares why this may be the most exciting—and chaotic—era he's seen since entering the M&A space in 2003.Accounting firms check every box private equity investors love: recurring revenue, fragmented ownership, under-optimized systems, and opportunity for scale. But while the market is strong and options are abundant, the real risk isn't missing out—it's moving too fast. Headline offers can be enticing, yet the fine print, cultural fit, leadership alignment, and long-term vision ultimately determine whether a deal becomes a win or a regret.*In this episode, we cover:*- Why private equity is so aggressively targeting CPA firms right now- The danger of the “headline offer” and how earnouts can change the real math- Why selling your firm is rarely just a financial decision- How to think about opportunity cost and the value of your time- What buyers actually want today (and why owner dependency kills value)- The critical $2.5M–$5M growth stretch and why it's so hard to scale there- When acquisition creates “escape velocity” for smaller firms- Why burnout might be telling you: “fix the firm,” not “sell the firm”- The power of pruning your client base and focusing instead of being everything to everyone- Why boundaries around time, pricing, and services are strategic rather than restrictiveThe M&A market may be active, but urgency is not a strategy. Whether you're considering a sale, exploring private equity, or simply trying to build a stronger, more valuable firm, this conversation offers clarity in a noisy environment. In a consolidating profession, the firms that win won't be the ones chasing the biggest multiple—they'll be the ones making disciplined decisions about timing, focus, and fit.Download Now: https://poegroupadvisors.com/accounting-practice-academy/increase-letter/Price increases are nothing to fear. The real challenge is effectively informing clients of these changes. Our templates will help you demonstrate your value and help clients understand the increases necessary to keep your firm afloat.*Download now and receive:*- (1) Major Fee Increase Letter Template- (1) 20% Fee Increase Letter Template

Small Firm Success Requires Intention, Focus, and CommunityFull show notes hereGear Up for GrowthWith Jean CaragherFor CPA Trendlines“Small firm practitioners need to remember that they are in the driver's seat,” says Stephanie Otero, vice president, Small Firm Advocate at the AICPA, in this episode of Gear Up for Growth with Jean Caragher.MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth | MORE CPA Trendlines streaming videos and podcasts here“They have the power to intentionally design a practice they enjoy, and that truly works for them,” Otero says.Intentional practice design emerges as a central theme, with Otero emphasizing that burnout often stems from trying to serve too many clients and offer too many services. By clearly defining ideal clients and focusing on work they enjoy, small firm owners can create more sustainable and rewarding practices.

As AI automates compliance, value shifts to measurable outcomes and client aspirations.Full show notes hereGear Up for GrowthWith Jean CaragherFor CPA TrendlinesAuthor and strategist B. Joseph Pine II urges accounting firm leaders to confront a fundamental question: What business are you really in?MORE Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | MORE Gear Up for Growth | MORE CPA Trendlines videos and podcasts hereAccording to Pine, the profession is approaching a critical inflection point as the global economy moves beyond goods, services, and even experiences, into what he calls the transformation economy.“You use experiences as a raw material to guide people to change, to help them achieve their aspirations,” Pine tells Gear Up for Growth host Jean Caragher, president of Capstone Marketing. This shift, he explains, requires firms to move beyond simply delivering accounting work efficiently to helping clients achieve meaningful, measurable change.Gear Up For Growth Ep 58 - Joe Pine

Expanding access while maintaining rigorous standards. Gear Up for GrowthWith Jean CaragherFor CPA TrendlinesFull show notes here “This legislation has real consequences – positive consequences – for the health of firms, corporate accounting departments, and the broader economy,” says Aiysha “AJ” Johnson, CEO and executive director of the New Jersey Society of CPAs, during her appearance on Gear Up for Growth with Jean Caragher of Capstone Marketing. “I like to think that we're opening doors.”More Jean Caragher here | Get her best-selling handbook, The 90-Day Marketing Plan for CPA Firms, here | More Gear Up for Growth | More CPA Trendlines videos and podcasts hereJohnson highlights New Jersey's new legislation signed by Governor Murphy, creating an additional pathway to CPA licensure, a move designed to expand access while maintaining rigorous standards.

Any Questions or Concerns right now? Stop reading and call me on (732) 673-0510. Don’t Miss Important Updates Like This! Click Here To Subscribe To My Blog xxxxx xxxxx It may seem that your move to New Jersey is in the distant future, but it is imperative that you establish a relationship with a CPA who understands the tax laws here in NJ and the nuances of relocation. Don't wait until you are in the throws of your cross country move or worse, after. Not only is your home moving, your tax home is moving. My team can assist in this most important transition. We specialize in multi-state tax planning and executive transfers, both nationally and internationally. Remember, the moment you have a business or tax question is the moment you should be calling me. Any Questions or Concerns right now? Call me on (732) 673-0510. Overwhelmed Running Your Business Or Filing Taxes? My Team Is Here To Help. We Are Not Just Your CPAs In Tax Season Let Us Turn Your Worries Into Wealth. Do You Have A Tax, Accounting or Business Question? Call Me On (732) 673-0510 Or Click Here To Request A Consultation Or Ask Me A Question Online Get My Podcasts And Memos In Your Inbox By Clicking Here Tax Laws Are Complex. It Is Easy To Make Mistakes That Can Incur Penalties. Is Your CPA Or Attorney Ignoring Your Phone Calls and Emails? Call Me Immediately On (732) 673-0510. Remember, “If We Aren't Working For You, Then You Aren't Working At Your Best” Chris Whalen, CPA (732) 673-0510 81 Oak Hill Road Red Bank, NJ 07701 www.chriswhalencpa.com Red Bank • Rumson • Colts Neck • Holmdel • Middletown • Lincroft • Brick • Toms River • Sea Bright • Deal • Little Silver • Long Branch • Asbury Park • Bradley Beach • Belmar • Brielle • Eatontown • Fair Haven • Farmingdale • Highlands • Atlantic Highlands • Howell • Locust • Monmouth Beach • Shrewsbury • Spring Lake • Tinton Falls • Monmouth County @netflix @NetflixDE @WeAreNetflix @NetflixEng @netflixqueue  #IncomeTax #irs #cpa #TaxReform #amnesty #taxrelief #potus The post Netflix Employees – Transferring To NJ? My NJ CPA Firm Is Ready To Assist appeared first on Chris Whalen CPA.

Are you accidentally breaking CPA rules across state lines? Guest Lindsay Patterson, CPA CIA breaks down the new mobility landscape after alternative licensure paths—and the surprising data firms must track to avoid fines, failed peer reviews, and redoing audits. Plus: Congress's Fiscal State of the Nation bill, Deloitte's PR storm, QuickBooks' AI reconciliation, and what's driving a rebound in accounting majors. Walk away knowing where to get licensed, what triggers penalties, and how to protect your firm.SponsorsTaxBandits - http://accountingpodcast.promo/taxbanditsEarmark - http://accountingpodcast.promo/earmarkOnPay - http://accountingpodcast.promo/onpayUNC - http://accountingpodcast.promo/uncChapters(00:00) - Introduction and CPA Email Incident (00:33) - AI in QuickBooks: A Game Changer? (06:00) - Live Stream Shoutouts and YouTube Promotion (06:54) - New Legislation: Fiscal State of the Nation Act (10:37) - CPA Mobility and Alternative Pathways (11:47) - Guest Segment: Lindsay Patterson on CPA Mobility (33:13) - Deloitte's Bad Week: Controversies and Criticisms (35:58) - CPA Firms in Trouble: The Zwick CPA Case (40:05) - Jerome Powell's Defiant Statement (44:29) - Why Accountants Leave Public Accounting (51:24) - Listener Emails and Final Thoughts (52:08) - The Future of Accounting Jobs (55:12) - Private Equity in CPA Firms  Meet Lindsay Patterson: LinkedIn: https://www.linkedin.com/in/lindsaypatterson/Show NotesAICPA Urges Congressional Support for Fiscal State of the Nation Act https://www.aicpa-cima.com/news/article/aicpa-urges-congressional-support-for-fiscal-state-of-the-nation-actBarr Reintroduces Bipartisan Fiscal State of the Nation Act to Strengthen Oversight of Government Spending https://barr.house.gov/press-releases?id=EDF451C5-EEAE-44D7-85A8-2B714E9D7822For CPAs, one license — and 55 rulebooks https://www.accountingtoday.com/opinion/for-cpas-one-license-and-55-rulebooksDeloitte's Disturbing Pattern Allegedly Cost Americans Health Coverage, Delayed Benefits, and the US Government $74Bhttps://www.ibtimes.co.uk/deloittes-disturbing-pattern-allegedly-cost-americans-health-coverage-delayed-benefits-us-1773010Deloitte to ramp up India operations with 50,000 new hires https://www.internationalaccountingbulletin.com/news/deloitte-hiring-india/PCAOB Sanctions Audit Firm, an Owner of That Firm, and a Former Audit Manager for Multiple Violations of PCAOB Rules and Standardshttps://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-sanctions-audit-firm--an-owner-of-that-firm--and-a-former-audit-manager-for-multiple-violations-of-pcaob-rules-and-standardsPCAOB bars Zwick CPA, owner and manager https://www.accountingtoday.com/news/pcaob-bars-zwick-cpa-owner-and-managerTurnover Experiences in Public Accounting and Alumni's Decisions to 'Give Back' https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4266300U.S. Accounting Undergraduate Enrollment Rises for Third Straight Year https://www.prnewswire.com/news-releases/us-accounting-undergraduate-enrollment-rises-for-third-straight-year-302665511.htmlAccounting undergrad enrollment rises for third year https://www.accountingtoday.com/news/accounting-undergrad-enrollment-rises-for-third-yearCapital One to Acquire Brex https://investor.capitalone.com/news-releases/news-release-details/capital-one-acquire-brexCapital One is buying startup Brex for $5.15 billion in credit card firm's latest deal https://www.cnbc.com/2026/01/22/capital-one-is-buying-startup-brex-for-5point15-billion-in-credit-card-firms-latest-deal.htmlFlorida Republican candidate suggests 'sin tax' for OnlyFans creators https://thehill.com/homenews/nexstar_media_wire/5691927-florida-governor-candidate-sin-tax/Florida gubernatorial candidate proposes 50% "sin" tax on OnlyFans creators; top earner Sophie Rain pushes backhttps://www.cbsnews.com/miami/news/florida-onlyfans-tax-proposal-james-fishback-sophie-rain/Need CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: h...

In this episode of Thrivecast, host Jason M. Blumer, CPA sits down with Salim Omar, CPA—nationally recognized CPA firm consultant, author, and industry thought leader—to explore how CPA firms are evolving in response to changing demographics, advancing technology, and shifting expectations among firm owners. With more than 30 years of experience in the accounting profession, Salim has worked closely with firm leaders at every stage of growth, helping them rethink their firms, strengthen communication, and plan intentionally for what comes next. Salim shares his journey from building and running a successful CPA firm to focusing on consulting, including his transition to virtual operations and the strategic advantages that come with it. Together, Jason and Salim discuss the real-world benefits and challenges of running a virtual firm, managing global teams, and maintaining strong team dynamics in distributed environments. A central theme throughout the conversation is the importance of understanding your audience—clients, team members, and potential successors—and how that clarity drives smarter decisions and sustainable growth. The discussion also dives deep into the complexities of mergers and acquisitions within the accounting profession. Salim explains why many deals struggle after closing, often due to communication breakdowns, cultural misalignment, and unclear expectations. He highlights the critical role sellers play after an acquisition and why their leadership and engagement are essential to successful transitions and long-term firm health. Drawing from his book, The CPA Firm Exit Playbook, Salim offers practical guidance for firm owners navigating what he calls the “exit evolution path.” Rather than viewing an exit as a single transaction, Jason and Salim explore how firm owners can intentionally design their next chapter—whether that means selling, merging, scaling back, or continuing to contribute in a new capacity. The conversation also touches on leadership beyond traditional retirement and how CPA firm owners can align their professional futures with personal fulfillment. The episode concludes with a forward-looking discussion on the growing impact of AI on the accounting profession. Salim shares why AI is both a powerful opportunity and a necessary adaptation for firm leaders, and how embracing technology thoughtfully can elevate advisory services, improve efficiency, and shape the future of CPA firms.

Beyond revenue and margins, buyers are scrutinizing teams, culture, and operational health.The DisruptorsWith Liz FarrBrannon Poe, founder of Poe Group Advisors, says the key to a successful firm transaction is fit.  “I think having a good deal is really about having a good fit,” he says. Besides technical skills, “you have to have management styles that mesh well, you have to have client service philosophies that are aligned,” he explains.   MORE STREAMING:MORE STREAMING: Oliver: Build a Biz that Runs Without You | Daiber: Use Succession as a Growth Strategy | Cannon: Busy Season is Self-Inflicted | Carroll: When One Person Can Break the Firm |  Rampe: Build a Roadmap Even When the Road's Not There | Chang: Killing SALY, One Agent at a Time | Vanover: 5-Star Firms Don't Bill by the Hour | Kless: Profit Is a Result. Flourishing Is the Purpose | Whitman: Build Culture on 'Progress,' Not Change | Shein: No PE? No M&A? No Problem | Hood and Weber: Time to RISE | Proctor: Turn Dumb Ideas into Brilliant Solutions | Carter-Gray: How 1 Poor Review Strengthened the Firm | Hartman: Upwork to “40 Under 40” in 3 Years |For sellers, choosing the right buyer matters as much as the price. “I find that the sellers in particular, who keep their focus on fit and choose the right buyer, usually are the happiest with their exit.” The last few years have created favorable conditions for accounting firm sales, but not for everyone. 

Raids replaced audits, and guns replaced spreadsheets. Blake and David connect the dots from Minnesota's sprawling public-assistance fraud to a decade of IRS budget cuts and ICE crackdowns. You'll learn why enforcement shifted from prevention to raids, what California's one-time billionaire tax really proposes, how new AICPA rules could hit PE-backed firms, and why a botched audit didn't cost PwC its client, plus one pro tip to level up your Excel game.SponsorsOnPay - http://accountingpodcast.promo/onpayTaxBandits - http://accountingpodcast.promo/taxbanditsUNC - http://accountingpodcast.promo/uncChapters(00:00) - TAP 470 (00:33) - Minnesota Fraud Scandal Overview (03:18) - Historical Context and IRS Budget Cuts (08:34) - IRS and ICE Collaboration Issues (10:39) - Impact of Budget Cuts on Fraud (20:56) - Current Events and Political Reactions (26:17) - California Billionaire Tax Act (27:58) - Billionaire Tax Proposal Discussion (29:01) - Challenges of Implementing Wealth Tax (29:58) - Practical Concerns and Comparisons (34:24) - VRBO's Legal Battle with Michigan (36:46) - Private Equity and CPA Firms (47:17) - UNC Master of Accounting Program (51:11) - Excel World Championships Insights (55:27) - Earmark App for CPE Credits  Show NotesJudge hits pause on IRS sharing taxpayer information with ICE https://www.nbcnews.com/politics/immigration/judge-issues-order-blocking-irs-sharing-taxpayer-information-ice-rcna245262Federal Agents Pepper Spray Protesters During Tucson Taco Giro Raid https://www.themarshallproject.org/2025/12/05/tucson-ice-raid-protests-taco-giroPoll: Nearly Half of Americans Think Their Financial Security Is Worsening https://www.cpapracticeadvisor.com/2025/12/29/poll-nearly-half-of-americans-think-their-financial-security-is-worsening/175587/California Billionaire Tax Act (2026 Billionaire Tax Act - PDF) https://oag.ca.gov/system/files/initiatives/pdfs/25-0024A1%20(Billionaire%20Tax%20).pdfVrbo Parent Company Sues Michigan Over $18.8 Million Tax Bill https://www.cpapracticeadvisor.com/2026/01/02/vrbo-parent-company-sues-michigan-over-18-8-million-tax-bill/175675/AICPA Seeks Comment on Ethics Rules Update for Alternative Practice Structures https://www.aicpa-cima.com/news/article/aicpa-seeks-comment-on-ethics-rules-update-for-alternative-practiceWH Smith asks shareholders to support PwC despite audit error https://www.internationalaccountingbulleteen.com/news/wh-smith-support-pwc-audit-error/I won the Microsoft Excel World Championship. Here's what every office worker should know about Excel. https://www.yahoo.com/lifestyle/articles/won-microsoft-excel-world-championship-093001306.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastWant to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page

Get your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7Is your firm one bad decision away from falling apart?Probably not – even though it sometimes feels that way.This episode reframes what actually puts an accounting firm at risk, and what just hurts in the moment.You'll hear why most firms are far more resilient than their owners realize, how to tell the difference between real danger and normal business pain, and why small experiments are safer than endless overthinking.If January has you cautious, stuck, or second-guessing everything, this will steady the ground under your feet.…Link to full shownotes: https://www.businessstrategyforcpas.com/379…Want Pricing Essentials?If you feel trapped by your own accounting firm, it's not because of the work – it's how you've priced the work. Too many accountants are stuck in undercharging, overdelivering, and people-pleasing cycles. Break the pattern with my short PDF guide: 7 Pricing Essentials »It's free and you can read it in 5 minutes.I want to help you get your prices up without losing loyal clients.  …Want client interviews?310 From Exhausted to Having Her Life Back: Wendy Norman, CPA304 From 55 Down to 15 Hours; Same Take-Home Pay with Melissa Downs, EA293 What it Takes to Work 15 Hours per Week with Erica Goode, CPAComplete list:geraldinecarter.com/client-interview-episodes…FOUR ways I help overworked CPAs go down to 40 hours without losing revenue or hiring:THE EMAIL COURSE – Freegeraldinecarter.com/stop-working-weekendsStop Working Weekends will teach you how to reduce your hours without giving up revenue. THE BOOK – $9.99geraldinecarter.com/bookDown to 40 Hours – A Roadmap for CPAs to End Overworking Without Losing RevenuePEAK FREEDOM COMMUNITY – $197/mogeraldinecarter.com/peak-freedomFor solo and small accounting firm owners who want to rise above the insanity of hustle-cultureDOWN TO 40 HOURS ACCELERATOR – $995/mogeraldinecarter.com/40For the overworked CPA at multiple six figures of revenue who is ready to stop working weekends, wants to implement overdue changes, and doesn't want to do it alone. You'll make progress faster and with more confidence. … Get your FREE 7 Pricing Essentials for CPAs and EAs here:https://geraldinecarter.com/7

If your best accountants are walking out the door, it's probably not about the money. In this episode, Tim Schurrer (CEO of David Novak Leadership and author of "The Secret Society of Success") reveals the leadership principle that grew Yum! Brands from $4 billion to $32 billion, and it has everything to do with solving what's plaguing CPA firms right now: the talent crisis.Here's the reality: when your senior accountant flawlessly closes out another month, files returns ahead of deadline, or navigates a complex client situation without you even knowing there was a problem, they become invisible. That's the curse of excellence in accounting. And while you're focused on billable hours and realization rates, your best people are quietly wondering if anyone actually notices the value they bring.We talk to Tim about how his company studied companies that built decades-long dynasties (Walmart, Southwest Airlines), and found one non-negotiable: they created cultures where everyone counted. Not through pizza parties during busy season or casual Friday perks, but through systematic recognition that made people feel genuinely seen for their contributions. Tim breaks down how this translates directly to CPA firms struggling to keep talent.In this episode, we cover:The two reasons people quit (spoiler: your compensation package isn't fixing either of these)The danger of taking "the joy of the decision" away from your team, especially during tax season when you're tempted to control every client interactionHow firm owners can stop micromanaging review notes and start empowering staff to own client relationships (with the right training framework)Why so many managing partners hit burnout chasing revenue targets that don't actually align with what success means to them personallyThe "empowerment is an earned right" framework that lets you delegate without losing quality controlLink to full listing: https://poegroupadvisors.com/practice/sc2038/ Firm Highlights:- Young, energetic owner committed to staying 10+ years to run and grow the firm.- Selling 70–100% equity, with plans to offer key employees an ownership stake.- 3+ CPAs on staff and over 20 employees.- High-net-worth clients with strong loyalty and consistent referrals.- 78% of services tied to business clients.

You've spent years developing your next generation of partners, but what happens when they don't want to lead, can't secure financing, or simply aren't the right fit to take over? In this episode, our Ontario Market Leader Darryl Boyd, reveals why so many multi-partner firms are discovering that their "default" internal succession plan isn't working, and why external sales often deliver better outcomes for everyone involved.Over his decade with Poe Group Advisors, Darryl has helped the Canadian M&A landscape transform from earnout-heavy transactions to all-cash deals that prioritize fit over spreadsheets. We explore the uncomfortable truth about internal succession: technical excellence doesn't equal business leadership, and the partner who's great at client work may have zero interest or aptitude for running the firm.The conversation highlights that:Why exhausted accounting firm owners often just need better systems, not an exit strategyHow private equity is slowly earning trust in Canada, and why most CPA firm sellers still choose CPA buyersThe hidden assumptions killing Accounting M&A deals (like the "25% client loss" myth with zero data behind it)Why the best transactions happen when both parties forget about price and focus on whether the handoff will actually workWe also tackle the massive variability across firms that makes a cookie-cutter valuation worthless: profitability, owner workload, geographic markets, and cultural dynamics all impact valuation more than sellers realize. Whether you're a multi-partner firm wrestling with succession, a solo tax practitioner planning your exit, or a buyer trying to understand what sellers really care about, this episode will challenge your assumptions about how accounting practice transitions actually work.Link to full listing: https://poegroupadvisors.com/practice/sc2038/ Firm Highlights:- Young, energetic owner committed to staying 10+ years to run and grow the firm.- Selling 70–100% equity, with plans to offer key employees an ownership stake.- 3+ CPAs on staff and over 20 employees.- High-net-worth clients with strong loyalty and consistent referrals.- 78% of services tied to business clients.

Sarah Ference, CPA, an author of the JofA's Professional Liability Spotlight column, returns to the JofA podcast to discuss recent column topics and the advice CPAs can gain from them. In particular, Ference details data security preparedness, the value of engagement letters for tax-compliance services, common audit claims and defenses, and more. Editor's note: This episode is the JofA podcast's last until Jan. 8. n  October: Are You Prepared for the Cost of a Data Security Incident? n  November: Blocking and Tackling: Engagement Letters for Tax Compliance Services n  December: Common Audit Claims and Defenses What you'll learn from this episode: Advice for CPA firms to guard against data security incidents. The ways engagement letters can prevent costly client disputes. The factors that often make audit claims the most expensive type of claims for firms. How to protect your firm when a client faces bankruptcy.

In this episode, we sit down with Lisa Smith who is a functional medicine dietitian, gut-health expert, and founder of Lisa Smith Wellness. We explore the realities of deep stress and the health impacts that so many accounting firm owners quietly carry. We start by talking about the concept of “deep stress,” how it differs from everyday overwhelm, and why professionals who juggle multiple roles often don't realize their bodies are stuck in long-term survival mode. Lisa breaks down the signs many CPAs ignore: waking up tired, constant tension, reliance on caffeine or wine, disrupted sleep, brain fog, and that ever-present feeling of being “on.”Timestamps:03:55: Introducing the concept of deep stress05:58: How stress impacts sleep and cortisol07:57: What entrepreneurs consistently overlook in wellness10:50: Habit change and understanding personal motivators12:52: Redesigning your life and business through intentionality16:34: Long-term health implications of unmanaged stress18:59: Feeling trapped in your business and how to begin unwinding it23:05: Reducing stress and improving clarity24:26: Price's Law, the Pareto Principle, and understanding real productivity29:14: Pre-tax-season tips for improving energy and well-being30:46: The “campfire method” for stabilizing daily energy34:29: Lisa's book recommendations for leaders and entrepreneursLisa's Resource Recommendations:Prepare Your CPA Firm for A Sale by Brannon Poe [https://poegroupadvisors.com/prepare/]Atomic Habits by James Clear [https://www.amazon.com/Atomic-Habits-Proven-Build-Break/dp/0735211299]The Slight Edge by Jeff Olson [https://www.amazon.com/Slight-Edge-Turning-Disciplines-Happiness/dp/1626340463]Who Not How by Dan Sullivan [https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151]Traction by Gino Wickman [https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837]The Common Path to Uncommon Success by John Lee Dumas [https://www.amazon.com/Common-Path-Uncommon-Success-Fulfillment/dp/1400221099]Journaling Guide: [http://lisasmithwellness.com/the-morning-mindset-journal]Connecting with Lisa:  Listen to my Pretty Well PODCAST https://apple.co/3Y2IbSZ Visit my Website https://lisasmithwellness.com Read my Wellness BLOG  https://lisasmithwellness.com/blog/ Find me on Instagram https://www.instagram.com/prettywell_podcast/ lisa.lsw@outlook.com Link to full listing: https://poegroupadvisors.com/practice/sc2038/ Firm Highlights:- Young, energetic owner committed to staying 10+ years to run and grow the firm.- Selling 70–100% equity, with plans to offer key employees an ownership stake.- 3+ CPAs on staff and over 20 employees.- High-net-worth clients with strong loyalty and consistent referrals.- 78% of services tied to business clients.

In this episode, we sit down with returning guest Nick Sinclair, founder and chairman of TOA Global, one of the largest accounting outsourcing companies in the world. Nick shares the unlikely origin story of how a leadership trip to the Philippines revealed the talent  and scalability his own firm desperately needed. This inspired him to build what has now become a powerhouse with more than 4,500 team members serving over 1,100 firms worldwide. His personal “why” behind the business was shaped by watching his parents lose everything when he was young. This drives his mission to ensure more people get the financial advice they need by helping firms leverage the offshoring support they need to deliver high-touch service.Timestamps:00:37 – Introduction to Nick and his background02:46 – How TOA Global began04:10 – Early offshoring lessons and growing pains06:40 – The unexpected demand that revealed a real business07:43 – Nick's personal “why” and decision to scale globally09:12 – Why the Philippines has such strong accounting talent11:25 – Why every accounting firm needs a people plan13:30 – Industry capacity issues and long-term global staffing strategy15:07 – How offshoring perceptions have evolved16:19 – Quality challenges, cultural misunderstandings & outsourcing stigma18:00 – Outsourcing reveals internal firm weaknesses19:16 – Offshoring accelerates local careers20:00 – People are the product in accounting firms22:20 – Human connection as the profession's long-term differentiator23:02 – Why training and quicker competency paths matter25:06 – Building career plans and accelerating development27:39 – Challenges firm owners face when building global teams28:56 – Cultural nuances in leading global teams31:21 – Leadership, flexibility, and knowing your people32:30 – Nick's most memorable career moment34:23 – Book recommendation: Buy Back Your Time by Dan Martell35:24 – Where to connect with Nick: LinkedIn Link to full listing: https://poegroupadvisors.com/practice/sc2038/ Firm Highlights:- Young, energetic owner committed to staying 10+ years to run and grow the firm.- Selling 70–100% equity, with plans to offer key employees an ownership stake.- 3+ CPAs on staff and over 20 employees.- High-net-worth clients with strong loyalty and consistent referrals.- 78% of services tied to business clients.

Key Takeaways: The rise of digital oil wells: Learn how renting AI computing power—like “digital oil wells”—is changing the way people build wealth. AI is transforming industries: From finance to law, AI is helping businesses work faster, smarter, and more profitably. Take advantage of AI opportunities: Businesses can now rent powerful computer chips to run AI models and boost performance. Build new income streams: Discover how to use digital technology to create fresh sources of income within your business. Understand the AI supply chain: Learn how AI technology is made and distributed so you can find smart ways to take part in this growing industry.   Chapters: Timestamp Summary 0:00 Exploring Digital Oil Wells and AI in Wealth Building 2:49 Opportunities in AI Compute Rentals for Business Owners 4:13 AI's Impact on Evolving White Collar Professions 6:28 Leveraging Data Center Space for Business Expansion Opportunities 8:16 Maximizing Property Income Amidst Inflation Challenges 9:34 Leveraging AI to Enhance Business Profitability and Efficiency 10:27 Opportunities for CPA Firms in the Digital World   Powered by ReiffMartin CPA and Stone Hill Wealth Management   Social Media Handles    Follow Phillip Washington, Jr. on Instagram (@askphillip)   Subscribe to Wealth Building Made Simple newsletter https://www.wealthbuildingmadesimple.us/   Ready to turn your investing dreams into reality? Our "Wealth Building Made Simple" premium newsletter is your secret weapon. We break down investing in a way that's easy to understand, even if you're just starting out. Learn the tricks the wealthy use, discover exciting opportunities, and start building the future YOU want. Sign up now, and let's make those dreams happen!   WBMS Premium Subscription   Phillip Washington, Jr. is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

Is the accounting talent shortage your biggest problem—or your biggest opportunity? In this episode of Pulse of the Practice (2025, E19), hosts Mo Arbas and Paul Miller sit down with L. Gary Boomer—founder, visionary, and strategist at Boomer Consulting—to unpack how AI, advisory services, and a new business model will redefine CPA firms by 2026.Boomer explains why the next five years could deliver a century's worth of technology change, and how firm leaders can turn anxiety and burnout into momentum with mindset, purpose, and process. You'll learn the concrete steps to move from compliance to high‑value advisory, ditch the hour‑based model for results‑driven pricing, and build an Agenic Workforce that scales expertise with AI "agents," staff‑on‑demand, and fractional C‑suite talent.What you'll learn:How to pivot from tax/audit compliance to recurring, scalable Client Advisory Services (CAS) clients actually valueThe business case for value pricing vs. billable hours—and why clients buy outcomes, not timeThe EXO (Exponential Organizations) framework applied to CPA firms: staff‑on‑demand, community, algorithms, and moreBoomer's prediction for 2026: why the "labor shortage" worry will be replaced by super‑workers augmented by AIA practical talent strategy: onboard grads directly into advisory, use coaching (not just mentoring), and implement the 3×3 relationship ruleTech you can use now: AI note‑taking/meeting tools (Fathom/Otter) and Google's NotebookLM for knowledge capture, training, and faster knowledge transferHow to clean data, document processes, and build internal knowledge bases so AI actually worksThe leadership shift: set a massively transformative purpose (MTP), align clients and staff to your vision, and create a cadence of continuous improvementIf you're a managing partner, CAS leader, or firm owner ready to modernize your practice, this conversation is your roadmap to healthier margins, happier teams, and stickier client relationships.Subscribe for more practical playbooks on modern firm leadership, AI adoption, CAS growth, and pricing strategy—and share this episode with a partner who's still billing by the hour.Keywords: accounting firm transformation, CPA firm strategy, Client Advisory Services, CAS, AI in accounting, accounting burnout, talent shortage accounting, value pricing for CPAs, Boomer Consulting, Gary Boomer, EXO framework, Agenic Workforce, NotebookLM, meeting AI tools, fractional CFO/COO/CIO, accounting firm processes, shift from compliance to advisory

Discover how the wealthy legally eliminate their tax bills through real estate investing.In this episode, hosts Adam Schroeder and Zach Lemaster sit down with Jason Melilo, CEO of K B K G and former CEO of a Top 100 CPA Firm, to unpack the tax strategies every investor should know — from cost segregation and bonus depreciation to qualifying as a real estate professional and using short-term rentals for massive deductions.Jason reveals how he helps investors save thousands in taxes while building long-term wealth — and even shares how you can get a 10% discount on cost-seg software using code RTR 2025 at cbn.com.

Discover how the wealthy legally eliminate their tax bills through real estate investing.In this episode, hosts Adam Schroeder and Zach Lemaster sit down with Jason Melilo, CEO of K B K G and former CEO of a Top 100 CPA Firm, to unpack the tax strategies every investor should know — from cost segregation and bonus depreciation to qualifying as a real estate professional and using short-term rentals for massive deductions.Jason reveals how he helps investors save thousands in taxes while building long-term wealth — and even shares how you can get a 10% discount on cost-seg software using code RTR 2025 at cbn.com.

In this episode of The Accountant's Flight Plan Podcast, we sit down with Jody Padar, known across the industry as The Radical CPA, to discuss how artificial intelligence is reshaping the accounting profession. Jody shares her journey from founding one of the first cloud firms in 2010 to working in tech startups like Botkeeper and now launching her newest venture, XcelLabs. Her mission is to prepare firms for 2030 by building AI-first practices that leverage automation to expand the capacity for empathy, client connection, and creativity in order to transform advisory work.Timestamps:00:00: Using AI strategically to enhance advisory work01:06: Jody's career journey and launch of XcelLabs04:00: PE capital, fintech, and aging leadership disrupting the accounting industry08:00: How money movement and tech are transforming accounting10:11: How to leverage AI to build deeper client relationships at scale13:20: PE-driven competition for top accounting talent14:26: Using AI to rewrite firm operations and scale15:24: ChatGPT, Claude, and creative thinking over automation23:20: Using AI for unbiased performance feedback27:35: Book Recommendation: Snake Oil: What Artificial Intelligence Can and Can't DoLink to full listing: https://poegroupadvisors.com/practice/sc2038/ Firm Highlights:- Young, energetic owner committed to staying 10+ years to run and grow the firm.- Selling 70–100% equity, with plans to offer key employees an ownership stake.- 3+ CPAs on staff and over 20 employees.- High-net-worth clients with strong loyalty and consistent referrals.- 78% of services tied to business clients.

Welcome to the Boomer Briefing Podcast – your 20-minute (or less) insight into the conversations shaping the future of the accounting profession. In this episode, Jim Boomer and Marc Stout unpack the highlights from the latest Managing Partner Circle meeting, where firm leaders gathered to explore what's working - and what's next. From revisiting compensation models to better align with firm vision, to the growing importance of project management and leadership pipelines, this conversation covers the real-world challenges facing today's managing partners. You'll hear key takeaways on how firms are adapting to new technologies like AI, using metrics to drive improvement, and rethinking succession planning to ensure sustainable growth. Whether you're focused on leadership transition, technology adoption, or refining firm strategy, this episode offers practical insights and peer-driven strategies to help your firm navigate change with confidence.

Bringing in the right people can transform your CPA firm. Hiring is a strategic move that drives your growth. If you're looking to make smarter hiring decisions, this episode is for you.Will Spengler, founder of Frederick Fox, shares how his team finds strong controller and finance candidates in markets like Dallas, and what firms should do to stay competitive. You'll get insights into how recruiting agencies work, what mistakes firms make when hiring, why public accounting backgrounds are still in high demand, and how remote work and compensation expectations are shifting the talent game. Tune in NOW! ▶️ Recruiting for CPA Firms with Will SpenglerEpisode resources:● Website: https://anderscpa.com/ ● If you have questions or would like to be a guest on the show, email us at mcpasuccessshow@anderscpa.com ● Check out the Virtual CFO Playbook Course:  https://anderscpa.com/virtual-cfo-services/vcfo-playbook/   QuotesWill Spengler: "Small CPA firms must weigh the opportunity cost of time when positions remain unfilled. The potential growth, efficiency, and profitability lost often outweigh recruiter fees."Tom Wadelton: "Remote work is now a differentiator. Firms that remain flexible and open to remote arrangements have access to a wider pool of talent."Adam Hale: "In recruiting for CPA firms, candidates with public accounting experience, particularly in audit, are often preferred since that background provides exposure to diverse industries and scenarios."Will Spengler is a passionate leader in agency recruiting and the driving force behind Frederick Fox, a top-tier executive search community. As an innovator and entrepreneur, Will specializes in contractor solutions, direct hires, and retained executive search—delivering unmatched recruiting results for CPA firms and beyond. With a team of 45+ seasoned recruiters and over 610 active clients, he brings scale, speed, and strategy to every search. Website: https://frederickfox.com/   FB: https://www.facebook.com/FrederickFoxGroup/    LI: https://www.linkedin.com/in/william-spengler-2193433a/https://www.linkedin.com/company/frederick-fox/  The Modern CPA Success Show is the go-to podcast for accounting firm owners eager to enhance profitability and master Virtual CFO services. This podcast leverages combined expertise in delivering top-tier Virtual CFO services across North America.Website: https://www.buzzsprout.com/2458888  Facebook: https://www.facebook.com/AndersCPA LinkedIn: https://www.linkedin.com/company/anders-cpa/ Instagram: https://www.instagram.com/anderscpa/ YouTube: https://www.youtube.com/@andersvcfo Tom Wadelton is a Virtual CFO at Anders, bringing over 20 years of financial expertise from his tenure at a Fortune 500 company. He has extensive experience spa

Sarah Ference, CPA, an author of the JofA's Professional Liability Spotlight column, returns to the JofA podcast to discuss recent column topics and the advice CPAs can gain from them. In particular, Ference details some of the risks for CPA firms engaging in mergers and acquisitions, the subject of a recent two-part series. The articles discussed in this episode are: n  June: “Form 1065: Pay Attention or Pay Up.” n  July: “Professional Liability Risk Stemming From CPA Firm Acquisitions: Part 1.” n  August: “Professional Liability Risk Stemming From CPA Firm Acquisitions: Part 2.” n  September: “Start Risk Management With Employee Onboarding.” What you'll learn from this episode: Why CPA firms should pay close attention to recent changes in tax compliance for partnerships. A summary of the two-part article on professional liability risk related to CPA firm acquisitions. The importance of cultural alignment in firm acquisitions. What “tail coverage” is and why it's essential for post-transaction protection. How a strong onboarding process can serve to mitigate some risks for firms — and why that topic is timely this month.

If you thought HIPAA only applied to big hospitals and medical groups swimming in patient data, think again. In this episode, we uncover how just one record with PHI can infect your organization with full-blown HIPAA responsibilities — no vaccine required. We dive into a juicy enforcement case featuring a CPA firm that got hit with a ransomware attack and a $175K HIPAA oopsie, all because someone skipped their security risk analysis. Spoiler: ignorance is not immunity. More info at HelpMeWithHIPAA.com/524

CPAs, accounting professionals, and tax practitioners across the country have been BURNED by PPC and Google Ads. Many of them are completely convinced that pay-per-click marketing simply can't or won't drive a return on investment (ROI).     NOW, before you say, “PPC Does Not Work,” I want to encourage you to invest an hour of your time learning about the latest changes in Google Ads and paid search. Discover how PPC can actually be the key to almost unlimited scalability in terms of lead flow for your CPA and tax practice.     Even if you have invested thousands of dollars in PPC in the past and have gotten no return, we can assure you with the right strategy and setup (which we will be showing you on the podcast), you can get a great 3-7x ROI via paid search.   Recognize how the Google Ads engine works. You have to understand how the AdWords auction process works if you intend to succeed with paid search—quality and relevance are the answer Determine the secrets to maximizing quality score to drive lower cost per click and ultimately lower cost per lead Give examples that you can swipe and deploy. We will share our proven winners as it relates to keywords, ad groups, text ads, and landing pages Define KPIs and how to track them. You should not invest a penny into AdWords or any other form of paid search without the proper tracking in place to gauge your cost per lead   Go here for your free online analysis: www.taxproleads.com

Beth Quinlan, Smith + Howard, LIVE from the 2025 GNFCC BOLD Women's Leadership Summit (North Fulton Business Radio, Episode 895) Beth Quinlan of Smith + Howard, co-chair of the BOLD Women Committee at the Greater North Fulton Chamber of Commerce, joined host John Ray live from the 2025 GNFCC BOLD Women's Leadership Summit to share her […] The post Beth Quinlan, Smith + Howard, on Women in Leadership appeared first on Business RadioX ®.

From A Big Four Firm to Entrepreneurship In this special episode of The Accountant's Flight Plan, Brannon sat down with Raffi Yousefian, a NY/DC-based CPA and entrepreneur, to discuss his journey to building a thriving tax practice. Raffi began his career at EY before launching his own firm in 2016, growing rapidly before making the bold decision in 2022 to niche down into three verticals. By 2023, he doubled down on his fastest-growing and most rewarding segment: restaurants. He dedicated his brand to that niche and sold off the rest with the help of Poe Group Advisors.Timestamps:00:37 – Intro of Raffi Yousefian his background from EY to launching his own firm and finding his niche04:00 – Why Raffi left public accounting to become an entrepreneur06:50 – Doing less to grow more: The power of niching11:45 – Selling off part of a firm: Risk vs. reward15:20 – Why focus builds deeper expertise and stronger advisory20:00 – Benchmarks, AI adoption, and automation in accounting27:33 – DJ life during tax season: A funny story31:48 – Book recommendation: Crossing the Chasm by Geoffrey Moore33:00 – Connect with Raffi via LinkedIn: https://www.linkedin.com/in/raffiyousefian/ 

HubSync started as a bootstrapped idea from John McGowan, a former Big Four tax professional who saw the tech gap in mid-sized CPA firms. In this episode of ‘Behind the Deal,' Thoma Bravo Partner Ross Devor talks with John about how he turned early consulting work into a profitable SaaS business, the strategy behind landing over 40% of the top 25 accounting firms, and how product market fit shaped every decision. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

In this episode of The Accountant's Flight Plan Podcast, Brannon is joined by Morry Brown, California market leader at Poe Group Advisors and a longtime family friend. Morry shares his journey from Goldman Sachs to helping CPA firm owners navigate the evolving landscape of firm sales, particularly as private equity (PE) ramps up its interest in the accounting profession. Making Informed Decisions in a Rapidly Changing MarketMorry and Brannon explore why having multiple offers and opportunities to talk to different buyers gives sellers more leverage and clarity about what matters most. They also discuss why PE buyers are increasingly interested in younger firm owners who aren't necessarily ready to retire and what this means for those owners. From roll-up strategies and scalable efficiencies to risks around long-term PE timelines, Morry breaks down what firm owners need to consider if they're eyeing a potential exit in today's fast-evolving environment.Timestamps1:09 – Intro: Morry Brown's background & joining Poe Group Advisors3:13 – Why PE buyers are drawn to CPA firms5:00 – Market changes, rising valuations, and firm consolidation7:02 – Inside the PE acquisition process & what headline numbers miss11:14 – Fit vs. price: what really matters when selling16:01 – Understanding PE timelines, fund mandates & market uncertainty19:30 – PE can improve firm performance—but it depends on the vision22:27 – Industry roll-up comparisons: Blockbuster, Waste Management, AutoNation24:10 – AI + outsourcing: the next evolution in firm efficiency26:00 – Book rec: Life by Keith Richards27:17 – Wrapping up: connect with Morry via the Poe Group Advisors website

What happens when a seasoned CPA firm embraces virtual professionals for the first time? Shawana Hudson, partner at Thomas & Gibbs CPAs in North Carolina, shares how letting go of old systems helped her team transform billing, documentation, and client communication. In this episode, Shawana opens up about the early challenges of adopting virtual assistants, the surprising efficiencies gained, and how her firm is now scaling smarter—not harder. If you're in professional services and struggling with operations, this episode is your wake-up call to try something new.

Going from a big firm to building your own CPA business takes courage, strategy, and the right mindset. Frank Milone, co-founder of FML CPAs, shares his journey from working at Ernst & Young to running a successful accounting firm. He explains the key lessons, mistakes to avoid, and how small firms can thrive today. Key insights: ✅ Why he left a major accounting firm to start his own ✅ The biggest challenges in running a CPA business ✅ How small firms can compete and grow If you've ever thought about starting your own business, this episode will help you understand what it really takes. Subscribe to our YouTube channel.   

Show Summary: In this episode of Grow My Accounting Practice, we're joined by Edward Brooks to unpack “The 5 Reasons Stopping CPA Firms From Adding Millions in Revenue, Value, and Wealth.” Edward shines a light on why, even in a booming market, most CPA firms are leaving massive growth opportunities on the table. He challenges firm owners to take a hard look at the habits, assumptions, and blind spots that are holding them back from unlocking serious financial potential. Edward takes us deeper into why many CPA firms live with business risks they would never accept for their clients, and how this disconnect could be stalling progress. We explore the persistent talent shortage in the industry—not just why it exists, but what firms should be doing to address it. Plus, we tackle the elephant in the room: marketing. Why are so many firms still ignoring it, and what could change if they embraced it? Looking ahead to 2025, Edward outlines actionable strategies that any CPA firm can use to fuel massive growth in both revenue and value. Whether you're a solo practitioner or managing a growing team, this episode delivers bold insights and practical steps to help you seize the opportunities in front of you. Don't miss this powerful conversation that might just change how you run your practice.   LinkedIn:http://linkedin.com/in/edward-brooks/   Corporate Partner:Impact Global Solutions - lwhittam@csuiteimpact.com   Profit First App Version 2.0 is here!  More Education. More Functionality. More Profit!

What happens when a trade war meets bureaucratic red tape? In this episode, Blake and David dive into the explosive impact of 145% tariffs on Chinese goods and what it means for American businesses' bottom lines. Through real-world examples—from small retailers to tech giants like Apple—they break down how these policies could devastate supply chains and force difficult decisions for companies caught in the crossfire.Meanwhile, the Department of Government Efficiency is shaking up the IRS, transforming a login button change from a 103-day project into a 71-minute fix. But that's not all: CPAs at private equity-owned firms are now being told to remove their credentials from email signatures and LinkedIn profiles. Tune in to understand how these seemingly separate issues reflect larger battles over professional identity, government efficiency, and America's economic future.SponsorsCloud Accountant Staffing - http://accountingpodcast.promo/casBluevine - http://accountingpodcast.promo/bluevine (Bluevine is a financial technology company, not a bank. Banking Services provided by Coastal Community Bank, Member FDIC.) Chapters(01:40) - Weekly News Roundup (03:03) - IRS Updates and Controversies (03:59) - Private Equity and CPA Titles (05:08) - Government Efficiency and IRS Hackathon (18:46) - Tariffs and Trade Wars (27:57) - Impact of Tariffs on Businesses (46:33) - Economic Impact of Tariffs and Debt (47:26) - Trump Administration's Strategic Challenges (48:14) - Job Loss Projections Due to Tariffs (51:09) - China's Economic Transformation and Future (54:43) - Human Impact of US-China Trade Policies (58:48) - IRS Sharing Tax Information with Homeland Security (01:03:06) - Private Equity's Influence on CPA Firms (01:16:29) - Shopify's AI Hiring Policy (01:29:25) - Conclusion and Announcements  Show NotesDepartment of Government Efficiency – X posting on re-engineering a 103-day projecthttps://x.com/DOGE/status/1910067646827057152DOGE plans now reportedly include an IRS ‘hackathon'https://www.theverge.com/news/644327/musk-doge-irs-hackathon-taxpayer-data-transfer-cloudIRS Workers Get Final Chance to Take Deferred Resignation Offerhttps://www.cpapracticeadvisor.com/2025/04/07/irs-workers-get-final-chance-to-take-deferred-resignation-offer/158668/Appeals Court Clears Path for Trump to Resume Firing ...https://www.nytimes.com/2025/04/09/us/politics/trump-federal-workers-firing.htmlElon Musk Secretly Working to Rewrite the Social Security Codebase Using AIhttps://futurism.com/elon-musk-rewriting-social-security-code-aiPentagon hits Accenture, Booz Allen and Deloitte with contract cancellationshttps://www.nextgov.com/acquisition/2025/04/pentagon-hits-accenture-booz-allen-and-deloitte-contract-cancellations/404525/?oref=ng-homepage-riverHere's the iPhone. Here's the iPhone With Tariffs.https://www.wsj.com/tech/personal-tech/iphone-apple-tariffs-china-bb20c7a3Between tariffs and survival, American business owners are doing alarming mathhttps://www.npr.org/2025/04/07/nx-s1-5352833/trump-tariffs-china-manufacturing-businessesAt Home Group, Stung by Trade War, Explores Bankruptcyhttps://www.wsj.com/articles/at-home-group-stung-by-trade-war-explores-bankruptcy-853b9a83How Much Revenue Can Tariffs Really Raise for the Federal Government?https://taxfoundation.org/research/all/federal/universal-tariff-revenue-estimates/IRS agrees to share tax information of undocumented immigrants with Icehttps://www.theguardian.com/us-news/2025/apr/08/irs-ice-tax-dataActing IRS commissioner resigning after agency reaches data-sharing deal with immigration authoritieshttps://www.cnn.com/2025/04/08/politics/melanie-krause-acting-irs-commissioner-resigning/index.htmlAccounting firm that sold out to private equity is now requiring CPAs that work for them to stop using "CPA" on their personal LinkedIn and in email signatureshttps://www.reddit.com/r/Accounting/comments/1jx2338/accounting_firm_that_sold_out_to_private_equity/?rdt=47047Shopify CEO: No new hires, unless you prove AI can't do the jobhttps://thehill.com/policy/technology/5239841-shopify-ceo-ai-first-hiringKPMG's new AI bot has cut interview scheduling time by almost 60% and saved more than 1,000 hours for the talent acquisition teamhttps://finance.yahoo.com/news/kpmg-ai-bot-cut-interview-121831887.htmlNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website -

Peter Golotko has dedicated his career to helping people achieve financial independence, helping businesses and business owners reach and exceed their goals, and helping charitable institutions protect and make the best possible use of their resources. With over 25 years of experience in investing, financial planning, accounting, and taxation, he brings a wealth of knowledge and experience to the financial planning process. Peter is the majority owner of CPS Investment Advisors, and also serves as the firm's Chief Compliance Officer. Peter is a frequent speaker on topics like financial planning, investing, retirement planning, SEC compliance, and technology. Listen to this insightful RIA episode with Peter Golotko about the journey of CPS Investment Advisors. Here is what to expect on this week's show: - How CPS Investment Advisors specializes in building customized portfolios using individual stocks instead of mutual funds. - Why a client-first approach ensures win-win situations for clients and the firm. - Why the firm emphasizes wealth-building strategies like dividend reinvestment and holding quality stocks. - Why CPS strives to be involved in their client's lives, even assisting with non-financial matters. - How integrating tax planning helps minimize client's largest expenses. Connect with Peter: Links Mentioned: CPS Investment Advisors Instagram Facebook LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices

Why the CPA firm business model causes so much employee turnover