Achieve 10X Growth for Your Firm: The Firm Owner's Playbook
12/30/24 • 52 min
Three successful accounting firm owners share their journeys from small practices to achieving 10X revenue growth. Through candid conversations about hiring strategies, systemization, and community support, these Padgett franchise owners reveal practical insights for scaling an accounting practice. Their experiences highlight how strategic hiring, building scalable systems, and embracing a growth mindset transformed their firms from six-figure to multi-million dollar enterprises.
Webinar Speakers
Jeff Phillips - https://www.linkedin.com/in/jeffaccountingfly
Janet Kaup - https://www.linkedin.com/in/janet-kaup-2238643
Jeff Darley - https://www.linkedin.com/in/jeff-darley-77839b2
Tom Friedel - https://www.linkedin.com/in/tom-friedel-cpa-ab71435
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Review
Leave a review on Apple Podcasts or Podchaser
Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
Three successful accounting firm owners share their journeys from small practices to achieving 10X revenue growth. Through candid conversations about hiring strategies, systemization, and community support, these Padgett franchise owners reveal practical insights for scaling an accounting practice. Their experiences highlight how strategic hiring, building scalable systems, and embracing a growth mindset transformed their firms from six-figure to multi-million dollar enterprises.
Webinar Speakers
Jeff Phillips - https://www.linkedin.com/in/jeffaccountingfly
Janet Kaup - https://www.linkedin.com/in/janet-kaup-2238643
Jeff Darley - https://www.linkedin.com/in/jeff-darley-77839b2
Tom Friedel - https://www.linkedin.com/in/tom-friedel-cpa-ab71435
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Review
Leave a review on Apple Podcasts or Podchaser
Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
Previous Episode
Tax Season 2025: Changes, Challenges, and Uncertainties
Annie and Roger discuss crucial tax updates as 2024 draws to a close, including the recent injunction against beneficial ownership reporting requirements, the evolving landscape of ERC claims processing, and changes to the clean vehicle credit program. They examine how the recent election results might impact tax policy, particularly regarding the Tax Cuts and Jobs Act provisions set to expire. They also provide practical guidance for tax practitioners preparing for the 2025 filing season, addressing important changes to 1099-K reporting thresholds and IP PIN requirements.
Sponsors
Padgett - Contact Padgett or Email Jeff Phillips
- (00:00) - Federal Tax Updates Episode 44
- (02:35) - 2025 Tax Season Preparation
- (05:12) - Tax Rates and Deductions for 2024
- (09:17) - Business Tax Considerations
- (11:40) - Post-Election Tax Policy Changes
- (17:16) - IRS Updates and New Policies
- (20:52) - 1099-K Reporting Changes
- (24:35) - Clean Vehicle Credit
- (26:46) - Understanding the Dealer Credit Loophole
- (27:39) - Navigating EV Tax Credits
- (31:01) - IRS Processing and Challenges
- (36:35) - Potential Changes in IRS Leadership
- (43:17) - Beneficial Ownership Reporting Injunction
- (49:12) - Conclusion and Final Thoughts
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Connect with the Roger and Annie on LinkedIn
https://www.linkedin.com/in/rogerharrispbs/
https://www.linkedin.com/in/annie-schwab-852418261/
Review
Leave a review on Apple Podcasts or Podchaser
Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
Next Episode
Crypto for Tax Pros
Crypto tax expert Amir Marmar of JFDI Accountants breaks down the complexities of cryptocurrency taxation and shares guidance on when tax professionals should handle crypto cases themselves versus partnering with specialists. He explains key concepts like wallet-level reporting requirements coming in 2025, the challenges of DeFi and staking transactions, and why traditional tax software may not be enough for complex crypto cases. This episode provides practical insights for tax professionals on evaluating crypto clients and understanding the latest IRS guidance, including Revenue Procedure 2024-28's move away from universal accounting methods.
Sponsors
Padgett - Contact Padgett or Email Jeff Phillips
- (00:00) - Welcome to Federal Tax Updates
- (01:56) - Amir Marmar's Background and Expertise
- (03:04) - Crypto Accounting Challenges and Success Stories
- (07:49) - Crypto-Friendly Government Policies
- (14:06) - Understanding Crypto Wallets
- (23:36) - Blockchain Basics and Tax Implications
- (29:38) - Complexities in Crypto Taxation
- (37:19) - Understanding Lending Protocols and Tax Implications
- (39:24) - Exploring Staking and Its Tax Considerations
- (41:11) - Liquidity Pools and Market Making
- (43:01) - Challenges in Crypto Accounting
- (44:11) - IRS Guidance and Tax Positions
- (46:02) - The Role of Tax Professionals in Crypto
- (49:39) - Steps for Successful Crypto Tax Engagements
- (52:50) - Upcoming Changes in Crypto Tax Reporting
- (01:04:53) - Contacting JFDI for Crypto Tax Help
Connect with Amir
https://www.jfdiaccountants.com/
https://www.linkedin.com/in/amir-marmar-20b76726
Get NASBA Approved CPE or IRS Approved CE
Launch the course on EarmarkCPE to get free CPE/CE for listening to this episode.
Connect with the Roger and Annie on LinkedIn
https://www.linkedin.com/in/rogerharrispbs/
https://www.linkedin.com/in/annie-schwab-852418261/
Review
Leave a review on Apple Podcasts or Podchaser
Subscribe
Subscribe to the Federal Tax Updates podcast in your favorite podcast app!
This podcast is a production of the Earmark Media
If you like this episode you’ll love
Episode Comments
Featured in these lists
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/federal-tax-updates-252732/achieve-10x-growth-for-your-firm-the-firm-owners-playbook-80920504"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to achieve 10x growth for your firm: the firm owner's playbook on goodpods" style="width: 225px" /> </a>
Copy