In this conversation, Bob Lewis, President of the Visionary Group, discusses the current challenges and opportunities in the accounting industry, particularly focusing on M&A, private equity, and the impact of AI. He emphasizes the importance of having a clear independence plan for firms, the need for informed decision-making in succession planning, and the potential for firms to reshape their pricing and service models to enhance profitability. Bob also shares insights on the future of M&A activity and the evolving landscape of accounting firms as they adapt to new market demands.

You've been listening to the Tax Savvy Specialty Tax Podcast: real business stories, engaging guest experts, and practical tax strategies, all designed to help you keep more money in your pocket. Subscribe now to catch every episode.