Tune in to explore the world of server-based technology, cloud-based technology, and the shift in the accounting industry with expert Danny Tobon. We'll discuss the benefits and challenges of transitioning your IT infrastructure, ensuring you're well-informed on this crucial path to modernizing.

Cybersecurity is a huge concern for accounting firms, and we'll provide insights into the latest trends and best practices to protect sensitive financial data and maintain your reputation. We'll also touch on the symbiotic relationship between IT security and tax planning, demonstrating how these elements can work together for the benefit of your firm and clients. Plus, we'll highlight the importance of various IT roles within your business.

What you'll hear in this episode:

[0:00] IT for accounting professionals with a new business owner.

[2:30] Transitioning from servers to cloud-based technology in accounting industry.

[8:00] Cybersecurity for accounting firms.

[14:25] Cybersecurity best practices for CPAs.

[23:10] IT security and tax planning for accounting firms.

[25:10] IT roles and their importance in business.

Check out TSQUARED https://tsquaredit.com

Connect with Danny https://www.linkedin.com/in/dannytobon/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

We'll unravel the complexities of PTE tax strategy and state deadlines, equipping you with the knowledge to make informed decisions for your business. From deductions to credits, we'll break down essential elements that can help you optimize your tax planning effectively.

Discover how offering PTE to your clients is an easy sell that benefits your client and enhances your financial success. Join us on your journey From Zero to Millions in the accounting realm, and let's elevate your financial future together!

What you'll hear in this episode:

[0:00] PT E taxes for pass-through entities.

[3:20] PT tax strategy and state deadlines.

[8:50] Tax planning strategies for businesses.

[13:15] PT tax savings for accounting firms.

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

We're thrilled to have Jessica Gonifas share her journey from general accounting to specializing in law firms. We'll delve into the power of niche selection, pricing strategies, and the essential mindset for success in the world of accounting.

Jessica will reveal how she honed her expertise within law firms, sharing valuable insights on pricing strategies and effective staff management. We'll also explore the art of scaling a CPA firm through strategic planning and the mindset necessary for accounting professionals to thrive.

Our conversation with Jessica will touch on firm growth, the importance of mindset coaching, and the challenges of onboarding new talent. Whether you're a budding accountant or a seasoned pro, this episode is a treasure trove of insights to elevate your accounting career. Tune in to From Zero to Millions: Accounting Edition to discover the secrets to accounting success. Don't miss it!

What you'll hear in this episode:

[0:00] Accounting career growth with industry experts.

[1:15] Niching down to law firms and successful accounting career journey.

[7:20] Niche selection and expertise in law firms.

[12:35] Pricing strategies and staff management for accounting firms.

[16:40] Scaling a CPA firm with strategic planning and pricing.

[21:55] Pricing and mindset for accounting professionals.

[27:05] Firm growth, mindset coaching, and onboarding challenges.

Connect with Jessica https://www.linkedin.com/in/jessicagonifas/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

It's girls only today! I engage in a thought-provoking conversation with Jennifer Howard, a seasoned CPA, and we shed light on the persistent gender inequality within the accounting industry. Jennifer highlights the stark underrepresentation of women in leadership roles, attributing this disparity to factors such as unattainable work expectations, an old-school mentality driven by men, and the gender wage gap.

Our discussion also delves into the challenges women face in achieving a work-life balance within the demanding field of public accounting. It's so important to prioritize family time and cultivate healthier work habits to create a more supportive work environment. Empowering women in the accounting industry emerges as a central theme, with Jennifer sharing her own experiences and aspirations for mentorship, support, and collaboration in breaking down gender disparities, ultimately paving the way for a more inclusive and equitable future in the accounting world.

What you'll hear in this episode:

[0:00] Gender inequality in accounting industry.

[1:55] Gender inequality in accounting industry.

[6:30] Work-life balance in the accounting industry.

[10:20] Gender bias in the accounting industry.

[15:15] Empowering women in accounting industry.

[19:20] Gender disparities in the accounting industry.

[26:15] Mentorship, support, and collaboration in accounting industry.

Connect with Jennifer https://www.linkedin.com/in/jennifer-howard-cpa-38a19715/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Today we're joined by Mike Manalac. Together we'll explore the journey of landing your dream job in the accounting industry, dispelling the negative stereotypes that sometimes plague this field. We'll emphasize the importance of career promotion and offer strategies to overcome misconceptions, helping you reach new heights in your career.

We'll also delve into the wide range of career opportunities within accounting and stress the significance of continuous upskilling in this ever-evolving profession. Finally, we'll highlight the benefits of choosing an accounting career, from financial stability to job security, all while making a positive impact on businesses and individuals.

Join us for an engaging and informative episode that promises valuable insights into accounting career development and industry trends. Whether you're starting your journey or looking to enhance your career, we have you covered. Tune in now to take your first step towards a rewarding accounting career!

What you'll hear in this episode:

[0:00] Accounting career development and industry insights.

[1:30] Career journey and industry insights.

[5:30] Landing dream jobs in the accounting industry.

[11:25] The accounting industry's negative perception and the need for career promotion.

[16:10] Career opportunities in accounting and the importance of upskilling.

[24:00] Career development and finding the "dream job".

[27:00] The benefits of being an accountant.

Connect with Mike https://www.linkedin.com/in/mikemanalac/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

In this episode, we explore the latest compliance requirements for businesses under the Corporate Transparency Act and dissect the new FinCEN Form 114, delving into filing requirements, exemption thresholds, and deadlines. We also dive into the value of compliance to avoid hefty penalties.

We know the challenges of talent retention in the accounting industry. The key for us has been using premium fees to thrive. Whether it's outsourcing legal work to larger firms or weighing the pros and cons of offering premium services, we've got your back! We present our differing approaches to charging premiums for tax preparation services, sharing insights on education and disclaimers in engagement letters.

It's truly significant to offer premium, white-glove services to clients while navigating the filing fees for LLCs, tune in to learn how we've done just that!

What you'll hear in this episode:

[0:00] New corporate transparency act requirements.

[5:00] Filing fees for LLCs and the value of white glove service.

[9:55] Outsourcing legal work to firms.

[13:35] Filing FinCEN Form 114 for businesses.

[18:25] 1099 filing penalties and compliance.

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Our special guest today is Randy Crabtree, an expert in accounting career growth and industry insights. Randy's journey from computer science to becoming a specialist in tax accounting is nothing short of inspiring. It's a testament to the diverse opportunities within the accounting field, and we're eager to explore how he navigated this unique path.

Randy shares his insights on entrepreneurship, niche development, and business growth within the accounting industry. He discusses the importance of finding your niche and how to thrive as an accounting entrepreneur. Tax planning is a significant focus of our conversation, with Randy providing valuable tips for CPAs and their clients. We also delve into R&D tax credits, strategic partnerships, bridging the gap in public accounting, business growth strategies, and the importance of finding passion in your accounting practice while outsourcing non-core tasks.

What you'll hear in this episode:

[0:00] Accounting career growth and industry insights.

[2:00] Career journey from computer science to specialty tax.

[7:10] Entrepreneurship, niche development, and business growth in the accounting industry.

[11:20] Tax planning opportunities for CPAs and their clients.

[15:05] R&D tax credits and strategic partnerships.

[18:55] Bridging the gap in public accounting.

[23:30] Business growth and pricing strategies.

[26:10] Finding passion in accounting practice and outsourcing non-core tasks.

Connect with Randy https://www.linkedin.com/in/randy-crabtree-1945a67

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Thinking of making the switch from public accounting to launching your own fractional CFO service? Tony Wilson has done just that and is here to share his experience with us! Tony's journey is a testament to the power of entrepreneurship and the need for financial guidance in the business world. He began his career as an auditor at Grant Thornton but found his true passion in tax consulting after struggling with the compliance-heavy nature of audit work. He shares his career progression, highlighting valuable experiences gained in rotational programs and financial reporting.

What's truly inspiring is how Tony, despite initial reservations, decided to start his own firm after having children, driven by the desire to set an example for them and provide for their future. Our conversation delves into fractional CFO services and accounting education. Tony's flexible and client-centric approach stands out, emphasizing the importance of tailoring services to meet the unique needs of different businesses. He even founded the Tax Minded Group, an invite-only platform for firm owners to learn from each other and foster mentorship.

Tony's dedication to education and his vision for building a firm centered around knowledge sharing and meaningful client impact are truly admirable. His focus on work-life balance and family availability, rather than solely pursuing massive growth, offers a refreshing perspective. Overall, this episode is a treasure trove of insights for accounting professionals and entrepreneurs alike, highlighting the importance of taking risks and setting a strong example in the world of business. Tune in!

What you'll hear in this episode:

[0:00] Entrepreneurship and financial guidance for business owners.

[1:30] Accounting career journey from public to private sector.

[5:10] Entrepreneurship, risk-taking, and setting an example for kids.

[11:30] Fractional CFO services and accounting education.

[19:00] Building a flexible and intentional accounting firm.

[26:00] Building a successful accounting and finance business.

Connect with Tony https://www.linkedin.com/in/tony-wilson-cpa/

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

We're delving into the vital topic of work-life balance in the accounting profession. We'll explore the significance of setting boundaries for yourself, clients, and staff to create a thriving practice that doesn't lead to burnout. Our insights range from attracting high-paying clients to alternative staffing approaches during tax season, emphasizing the importance of efficiency over billable hours.

As business owners, we've mastered the art of balancing work and our personal lives. We'll discuss how flexibility in work hours and staff management empowers our teams and allows us to spend quality time with our families. Setting boundaries with clients is another key aspect we'll cover, providing practical tips on managing client relationships effectively while preserving your work-life balance!

What you'll hear in this episode:

[0:00] Work-life balance in accounting careers.

[2:25] Setting boundaries for clients and staff in accounting practice.

[5:25] Alternative staffing approaches for accounting firms during tax season.

[10:25] Work-life balance for business owners and staff.

[16:55] Setting boundaries with clients during tax season.

[22:50] Setting boundaries, goals, and expectations for a successful accounting business.

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/

Today, Vinnie Fisher takes us on his remarkable entrepreneurial journey that led to achieving tremendous success in the world of accounting. In this conversation, we dive into the importance of modernizing accounting and CFO services, with Vinnie sharing insights on staying ahead of industry trends. We also explore the intersection of entrepreneurship, accounting, and premium service pricing, learning how to strike the right balance to deliver exceptional value to clients.

We also dive into leadership development, succession planning, and breaking free from traditional accounting mindsets. Vinnie's experiences and wisdom offer a blueprint for building a world-class accounting firm. Join us on this inspiring journey towards accounting firm success!

What you'll hear in this episode:

[0:00] Entrepreneur's journey from Brexit to accounting firm success.

[1:20] Embracing modern views in accounting and CFO services.

[3:45] Entrepreneurship, accounting, and premium service pricing.

[8:50] Pricing and value in accounting services.

[14:30] Scaling an accounting firm from $1M to $5M in revenue.

[18:40] Leadership development and succession planning.

[21:10] Breaking free from a traditional accounting mindset and building a world-class service.

[26:10] Building and growing an accounting firm.

Connect with Vinnie https://www.linkedin.com/in/vinniefisher

Connect with Kelly https://www.linkedin.com/in/kellyrohrs/

Connect with Bilal https://www.linkedin.com/in/bmehanna/