In this episode of Diary of a Tax Practice Owner, we welcome Ryan Elbein of Elbein CPA LLC, an accounting and tax practice based in Connecticut.

Ryan shares his unique journey from studying criminal justice to becoming an accountant, his experiences working in the tax departments of large firms, and his role as a controller for a real estate developer. Discover how Ryan transitioned from a side gig to establishing his own tax and accounting practice, focusing on trade businesses.

Learn about the challenges he faced, his drive for independence, and the growth of his client base from scratch.

Connect with Ryan -

• LinkedIn: https://www.linkedin.com/in/ryanelblein,
• Instagram: https://www.instagram.com/ryanelbleincpa/

Don't miss this inspiring episode of Diary of a Practice Owner!

🎙️Listen On Apple Podcast, Spotify & Other Leading Platforms. https://pod.link/1761650474

✅ Links to Resources:

👉🏻 Join our Free Facebook Group to continue this conversation about automation - Follow this link to get your invitation!

https://www.workflowsfortaxpros.com/joinfbgroup

👉🏻 3 Months of Free TaxDome! - Use our exclusive Partner link to get your free trial started today, and when you fall in love with what TaxDome can do for you - you will get 2 free months of TaxDome added to annual subscription. https://www.workflowsfortaxpros.com/taxdome

👉🏻 Learn more about us:

Hi! I am Jamie Gruol, co-founder of the Workflows for Tax Pros movement, where we believe automation is the ONLY way to increase Profit AND Time Freedom in your practice!

My biz partner Jessica Smith, EA, and I are on a mission to help the tax pros, accountants, and bookkeeper industry stop working so damn hard and start enjoying their businesses again.

In this episode of Diary of a Practice Owner, we chat with Katie Thomas, a CPA and founder of Leaders Online. Katie shares her inspiring journey of building a thriving tax and accounting practice, focusing on the power of technology and online marketing.

About The Guest -

Katie Thomas, CPA, has been recognized for her great work with a 40 under 40 CPA Practice Advisor recipient, Top 50 Women in Accounting recipient, and the owner of Leaders Online, where they help accounting professionals increase their impact, influence, and income through thought leadership and digital marketing. They work with a variety of firms sizes, some of which are in the top 100 and some of which have only only partner and are just beginning their firm owner journey.

Connect with Katie Thomas -

Linkedin - https://www.linkedin.com/in/katiethomascpa

Twitter - https://twitter.com/katiethomascpainstagram

Instagram - ttps://www.instagram.com/katiethomascpa/

TikTok: - https://www.tiktok.com/@katiethomascpa

Facebook https://www.facebook.com/leadersonlinellc

Key Takeaways:

👉🏻Leveraging technology: Discover how Katie utilized tools like Asana and ClickUp to streamline operations and increase efficiency.

👉🏻Building a strong online presence: Learn how to effectively use social media, content marketing, and networking to attract new clients.

👉🏻The importance of systems and processes: Understand how to create and implement efficient systems to manage your practice and team.

👉🏻The value of continuous learning: Gain insights into the importance of staying updated on industry trends and adapting to changes.

👉🏻Balancing work and life: Hear how Katie manages her growing business while also being a mom of two.

Join us as we explore Katie's valuable insights and gain practical tips for building a successful and fulfilling tax and accounting practice.

✅ Links to Resources:

👉🏻 Join our Free Facebook Group to continue this conversation about automation - Follow this link to get your invitation!

https://www.workflowsfortaxpros.com/joinfbgroup

👉🏻 3 Months of Free TaxDome! - Use our exclusive Partner link to get your free trial started today, and when you fall in love with what TaxDome can do for you - you will get 2 free months of TaxDome added to annual subscription.

https://www.workflowsfortaxpros.com/taxdome

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👉🏻 Learn more about us:

Hi! I am Jamie Gruol, co-founder of the Workflows for Tax Pros movement, where we believe automation is the ONLY way to increase Profit AND Time Freedom in your practice!

My biz partner Jessica Smith, EA, and I are on a mission to help the tax pros, accountants, and bookkeeper industry stop working so damn hard and start enjoying their businesses again.

In this episode of Diary of a Tax Practice Owner, we dive deep into how the way you price your services can either limit or unlock your potential for growth.

Join us as Jessica shares her powerful journey from the overwhelm of hourly billing to the freedom of value-based packages. Learn how standardizing her services transformed not only her business but also her life, giving her more control over her time and income.

We discuss the struggles of tracking billable hours, the chaos it brought to her team, and why switching to a value-based pricing model was a game changer. Jessica opens up about the challenges she faced while making the transition and how it allowed her to offer a better client experience, while also achieving more consistency in cash flow. Whether you're looking to escape hourly billing or want to bring more value to your clients, this episode is packed with insights on how to get started with value-based pricing.

Key Takeaways:

• Why hourly billing can cap your income and create unnecessary chaos.
• The benefits of transitioning to value-based pricing and standardized service packages.
• How value-based services lead to a better client experience and more predictable cash flow.
• Practical steps to shift away from hourly billing and take control of your time.
• Jessica’s real-life struggles and triumphs during the transition to value-based pricing.
• Tune in to discover how customizing your process could be limiting your growth—and how adopting value-based services can unlock your business's true potential!

✅ Links to Resources: 

👉🏻 Join our Free Facebook Group to continue this conversation about automation - Follow this link to get your invitation! https://www.workflowsfortaxpros.com/joinfbgroup 

👉🏻 3 Months of Free TaxDome! - Use our exclusive Partner link to get your free trial started today, and when you fall in love with what TaxDome can do for you - you will get 2 free months of TaxDome added to annual subscription.  https://www.workflowsfortaxpros.com/taxdome 

In this episode, we dive deep into the journey of Brenda Cannon, a successful tax practice owner who’s mastered the balance between business growth and personal well-being.

Brenda shares her candid experiences on overcoming burnout, navigating the challenges of scaling her firm, and developing client strategies that have driven both her success and fulfillment.

Whether you’re a tax professional looking for insights on building a sustainable practice or simply interested in strategies for business transformation, this episode is packed with actionable takeaways.

Tune in for an inspiring conversation that will empower you to rethink your approach to business, client management, and personal growth.

Connect with Brenda Cannon -

• Services - https://cannoncpas.com/
• Contact Her - https://cannoncpas.com/contact/

Don't miss this inspiring episode of Diary of a Practice Owner!

🎙️Listen On Apple Podcast, Spotify & Other Leading Platforms. https://pod.link/1761650474

✅ Links to Resources:

👉🏻 Join our Free Facebook Group to continue this conversation about automation - Follow this link to get your invitation!

https://www.workflowsfortaxpros.com/joinfbgroup

👉🏻 3 Months of Free TaxDome! - Use our exclusive Partner link to get your free trial started today, and when you fall in love with what TaxDome can do for you - you will get 2 free months of TaxDome added to annual subscription.

https://www.workflowsfortaxpros.com/taxdome

___________

👉🏻 Learn more about us:

Hi! I am Jamie Gruol, co-founder of the Workflows for Tax Pros movement, where we believe automation is the ONLY way to increase Profit AND Time Freedom in your practice!

My biz partner Jessica Smith, EA, and I are on a mission to help the tax pros, accountants, and bookkeeper industry stop working so damn hard and start enjoying their businesses again.

In this episode of Diary of a Practice Owner, we chat with Diana Halenz, a tax and accounting practice owner who has successfully built a virtual business from scratch.

Diana shares her inspiring journey from corporate life to entrepreneurship, motivated by a desire for a more fulfilling career and a love for scuba diving. We delve into her strategies for building a virtual practice, including networking online, leveraging social media, and building relationships with industry professionals.

Key Takeaways:

• The power of networking and building relationships in the online world.
• The importance of specialising in a niche market.
• The benefits of using technology and virtual tools to manage a practice.
• The value of mentorship and seeking advice from experienced professionals.
• The importance of continuous learning and adapting to industry changes.

Join us as we explore Diana's insights and gain valuable tips for building a successful virtual tax and accounting practice.

Don't miss this inspiring episode of Diary of a Practice Owner!

Connect with Diana Halenz - https://deepdivefinancial.com/

✅ FREE Resources -

👉🏻 Join our Free Facebook Group to continue this conversation about automation - Follow this link to get your invitation! https://www.workflowsfortaxpros.com/joinfbgroup 

👉🏻 3 Months of Free TaxDome! - Use our exclusive Partner link to get your free trial started today, and when you fall in love with what TaxDome can do for you - you will get 2 free months of TaxDome added to annual subscription. 

https://www.workflowsfortaxpros.com/taxdome 

Welcome back to Diary of a Tax Practice Owner!

This week, Jessica and I dive into the essentials of systems and automation for tax practices.

Key Takeaways:

✅ Understanding Systems: Think of systems as the ecosystem of your practice. They help manage workflows and keep everything running smoothly, much like Microsoft Office integrates various tools for productivity.

✅ Automation Explained: Automation simplifies tasks like sending client updates or reminders. With tools like TaxDome, you can automate communication and task management, freeing up time and reducing manual errors.

✅ Transforming Client Experience: Automation enhances client interactions by providing timely updates and reducing anxiety. Clients appreciate consistent, automated communication that feels personalized.

✅ Streamlining Admin Tasks: Automating routine tasks reduces manual data entry and follow-ups. This shift improves efficiency and client satisfaction.

✅ Boosting Cash Flow: Automating billing processes, such as deposits and lock documents, helps manage accounts receivable and improve cash flow.

Tune in to discover how leveraging systems and automation can transform your practice!

______

👉🏻 Join our Free Facebook Group to continue this conversation about automation - Follow this link to get your invitation!

https://www.workflowsfortaxpros.com/joinfbgroup

👉🏻 3 Months of Free TaxDome! - Use our exclusive Partner link to get your free trial started today, and when you fall in love with what TaxDome can do for you - you will get 2 free months of TaxDome added to your annual subscription.

https://www.workflowsfortaxpros.com/taxdome

👉🏻 Ready to leap into a more efficient and profitable practice? Join us at W4TP and let's make your dream practice a reality.

http://www.workflowsfortaxpros.com/program

In this episode of Diary of a Tax Practice Owner, we're thrilled to have John Sheeley, a seasoned tax professional and mentor, as our guest. John shares his inspiring journey from owning multiple tax franchises to becoming a leading tax educator.

About Our Guest

John Sheeley is an Enrolled Agent with over 30 years of experience in the tax industry. Based in Chester, New York, he has a rich history in tax preparation, including owning multiple tax franchises and working as a tax manager at a regional CPA firm. He is the co-founder of Tax Practice Pro, a renowned provider of IRS and NASBA approved continuing education for tax professionals. John is also a dedicated volunteer, recently receiving the IRS and Tax Assistance Center Pro Bono Service Award for 2024.

Episode Highlights

👉🏻 John's early days in the tax industry, working for his mother's block offices and taking the H&R Block tax class.

👉🏻 His journey from owning multiple tax franchises to selling them and focusing on education.

👉🏻 The challenges and rewards of running a tax practice, especially in the early days without advanced technology.

👉🏻 John's passion for giving back to the tax industry through education and volunteer work.

👉🏻 Insights into the complexities of S Corporations, taxation for non-resident aliens, and expatriates.

Key Takeaways

✨Building a successful tax practice takes dedication, hard work, and a willingness to adapt to industry changes.

✨ Giving back to the tax community is essential for fostering growth and development.

✨ Continuous learning and education are crucial for tax professionals to stay ahead of the curve.

Learn the story behind the magic! Jessica and Jamie met via the interwebs and not only became fast friends but also the masterminds behind Workflows for Tax Pros.

Workflows for Tax Pros

Our 12-month signature program is where the tax and accounting world's leading experts teach you how to build out your end-to-end automated system. Don't miss this opportunity to transform your business and your life!