In this conversation, Dr. Jackie Meyer, CPA and Reza Hooda, Coach & Mentor to Accountants with The Profitable Accountants Community, discuss the transformative journey of Reza from a traditional accounting background to modernizing his practice through value pricing and effective client engagement strategies. They explore the importance of pricing psychology, positioning, and the four pillars of success in building a thriving accounting firm. Reza shares his insights on the challenges faced by accountants and the necessity of niching down to attract the right clients. The discussion also touches on the impact of mentorship and continuous learning in achieving business growth and personal freedom.

🔗 Connect with Reza Hooda

https://www.linkedin.com/in/rezahooda/

https://www.rezahooda.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

Make sure you head to https://www.taxplaniq.com/podcast for your listener exclusives!

---------------

Takeaways:

- Reza transitioned from a traditional accounting firm to a modern practice.

- He emphasizes the importance of value pricing over hourly billing.

- The journey of learning and transformation is crucial for accountants.

- Positioning and client engagement are key to attracting the right clients.

- Pricing psychology can significantly impact profitability.

-Reza's book outlines practical steps for accountants to succeed.

- Mentorship played a vital role in Reza's business transformation.

- Narrowing down the target audience helps in effective marketing.

- Building a firm should provide time, money, and freedom.

- Continuous learning is essential for growth in the accounting profession.

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#JackieMeyer #AccountingFirm #TaxPlanning #AccountingTips #FinancialPlanning #TaxStrategies #CPA #FinancialAdvisor #AccountingFirmOwners #TaxPlanIQ #FinancialStrategies #Accounting #ValuePricing #BusinessTransformation #ClientEngagement #PricingPsychology #AccountingFirmSuccess #ModernAccounting #Mentorship #BusinessGrowth #FinancialFreedom

In this episode, Dr. Jackie Meyer, CPA speaks with Christopher C. Papin, JD, CPA, a multifaceted professional with experience as a CPA, attorney, and insurance producer. They discuss the evolving landscape of accounting and client demands, the importance of a holistic approach to advisory services, and the changing perceptions of insurance. Chris shares insights on navigating the upcoming estate tax changes and the implications of new legislation. The conversation wraps up with rapid-fire questions and actionable advice for professionals in the field.

🔗 Connect with Christopher C. Papin, JD, CPA

https://www.linkedin.com/in/chrispapin/

https://www.papincpa.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

Make sure you head to https://www.taxplaniq.com/podcast for your listener exclusives!

---------------

Takeaways:

- The new format aims to provide actionable insights in a shorter time frame.

- Chris Papin emphasizes the importance of being a trusted advisor across multiple disciplines.

- Clients are increasingly seeking more than just compliance work from their advisors.

- Understanding the emotional connection clients have with money is crucial for effective advising.

- Insurance often has a negative perception due to sales tactics, but it can be a valuable tool when used correctly.

- The 2026 estate tax sunset requires proactive planning for those affected.

- Legislation changes can significantly impact tax strategies, and professionals need to stay informed.

- Basic tax strategies are often overlooked but are essential for effective financial management.

- Technology and AI are transforming the advisory landscape, and professionals must adapt to these changes.

- Taking action and engaging with clients is vital for building strong relationships and providing value.

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#JackieMeyer #AccountingFirm #TaxPlanning #AccountingTips #FinancialPlanning #TaxStrategies #CPA #FinancialAdvisor #AccountingFirmOwners #TaxPlanIQ #PapinCPA #Accounting #InsuranceTaxPlanning #EstateTax #ClientAdvisory #FinancialStrategies #BusinessConsulting #TaxCompliance #ProfessionalServices

In this episode of The Concierge CPA Podcast, Dr. Jackie Meyer interviews Matt Tait, founder and CEO of Decimal, a firm that leverages AI and technology to enhance accounting operations. Matt shares his journey from being a lawyer to creating a client-centric accounting experience, emphasizing the importance of technology in streamlining workflows and improving client engagement. The conversation also delves into the significance of fixed fee pricing, the role of AI in automating accounting tasks, and the value of strategic partnerships in the accounting industry. In this conversation, Matt Tait and Dr. Jackie Meyer discuss the intricacies of partnerships in tax advisory, the challenges of scaling service-based companies, and the importance of hiring and training in a global workforce. They emphasize the need for transparency in outsourcing bookkeeping and share insights from case studies in the industry. The discussion also touches on personal experiences and fun insights during a lightning round.

🔗 Connect with Matt Tait

https://www.linkedin.com/in/mtait83/

https://www.decimal.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

Make sure you head to https://www.taxplaniq.com/podcast for your listener exclusives!

---------------

Takeaways:

- Decimal focuses on creating the best client experience.

- The accounting industry needs to prioritize client service over internal processes.

- AI can automate many daily accounting tasks, but human oversight is still essential.

- Fixed fee pricing can alleviate client concerns about billing.

- Technology should enhance, not replace, the accountant's role.

- Daily financial updates are more beneficial than traditional month-end closes.

- Collaboration with other firms can expand service offerings and client base.

- Understanding client needs is crucial for effective service delivery.

- AI can assist in drafting communications but should not replace personal touch.

- Strategic partnerships with tech companies can optimize accounting workflows. There's a big disconnect between tax advisors and compliance partners.

- Clear relationship guidelines are essential for successful partnerships.

- Cultural values play a significant role in hiring.

- Flexibility in work hours can enhance employee satisfaction.

- Providing growth opportunities is crucial in retaining talent.

- Transparency in outsourcing can alleviate client concerns.

- Quality of work is often a misconception in outsourcing.

- Training and onboarding are vital for successful integration.

- Technology should be leveraged to improve efficiency.

- Understanding client expectations is key to successful service delivery.

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#JackieMeyer #AccountingFirm #TaxPlanning #AccountingTips #FinancialPlanning #TaxStrategies #CPA #FinancialAdvisor #AccountingFirmOwners #TaxPlanIQ #Decimal #AIAccounting #ClientExperience #Bookkeeping #Technology #FixedFeePricing #AccountingPartnerships #WorkflowAutomation #Reconciliations #AccountingInnovation #TaxAdvisory #Partnerships #ServiceCompanies #Hiring #Outsourcing #BookkeepingTransparency #CaseStudies #IndustryInsights #Automation

In this conversation, Dr. Jackie Meyer and Justin Baker delve into the intricacies of estate tax planning, discussing the current landscape of estate tax exemptions, the role of CPAs in estate tax planning, and the importance of proactive engagement with clients. They explore the dynamics of unexpected estate tax bills and provide practical examples of how effective planning can lead to significant tax savings. The discussion emphasizes the need for collaboration between CPAs and estate planning attorneys to ensure clients are well-informed and prepared for potential estate tax liabilities. In this conversation, Dr. Jackie Meyer and Justin Baker delve into the intricacies of estate tax planning, discussing various strategies for both closely held businesses and clients with liquid wealth. They explore the costs associated with setting up estate structures, the importance of proactive planning, and the various tools available to optimize tax savings. The discussion emphasizes the need for CPAs to initiate conversations about estate planning with their clients, highlighting the potential for significant tax savings and the value of collaboration in providing comprehensive financial advice.

🔗 Connect with Justin Baker

https://www.bakerwealthstrategies.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

Make sure you head to https://www.taxplaniq.com/podcast for your listener exclusives!

---------------

Takeaways:

- Estate tax planning is crucial for long-term financial health.

- The current estate tax exemption is set to change in 2026.

- Only 0.2% of American households currently pay estate tax.

- CPAs should integrate estate tax planning into their services.

- Unexpected estate tax bills can strain family relationships.

- Proactive engagement can help identify potential estate tax issues.

- Mitigation strategies vary based on asset types and liquidity.

- Effective planning can save clients millions in estate taxes.

- Collaboration between CPAs and estate attorneys is essential.

- Understanding the estate tax code can empower clients. Understanding estate tax exposure is crucial for clients.

- Consultation for estate planning can be cost-effective.

- Family Limited Partnerships (FLPs) are useful but scrutinized by the IRS.

- Optimizing existing estate structures can lead to significant tax savings.

- Generational planning can utilize older generations' estate tax exemptions.

- Proactive estate planning conversations are essential for CPAs.

- Immediate tax benefits can arise from long-term estate planning strategies.

- Annual reviews should include discussions on estate planning.

- Collaboration between CPAs and estate planners enhances client service.

- There are numerous tools available to mitigate estate tax risks.

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#JackieMeyer #AccountingFirm #TaxPlanning #AccountingTips #FinancialPlanning #TaxStrategies #CPA #FinancialAdvisor #AccountingFirmOwners #TaxPlanIQ #EstateTaxPlanning #StateTaxExemption #EstatePlanningAttorney #TaxSavings #WealthManagement #EstateTaxExposure #TaxBillMitigation #EstateTax #EstatePlanning #WealthManagement #FamilyLimitedPartnership #CharitableTrusts #GenerationalPlanning #CPAAdvice #TrumpTaxes

In this episode of The Concierge CPA Podcast, Dr. Jackie Meyer discusses recent tax news and insights with David Podell, Founder of Business Benefits Consultants. They explore the implications of the IRS's expansion of the free file program, the impact of smaller tax refunds on clients, and the hiring of new auditors. The conversation shifts to retirement planning, focusing on the benefits of solo 401(k) plans, government incentives for small employers, and common misconceptions about retirement contributions. The episode concludes with a lightning round of questions, providing light-hearted insights into the world of tax and finance.

🔗 Connect with David Podell

https://www.linkedin.com/in/bbconsultants/

https://businessbenefitsconsultants.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

Make sure you head to https://www.taxplaniq.com/podcast for your listener exclusives!

---------------

Takeaways:

- The IRS is expanding their free file program, which may impact tax professionals.

- Clients are experiencing smaller refunds due to fewer pandemic-era credits and inflation.

- Retirement plans can provide significant tax benefits for business owners.

- Many individuals under-contribute to retirement plans, highlighting the need for better education.

- Auto-enrollment in retirement plans is helping increase participation rates.

- Solo 401(k) plans allow for higher contribution limits compared to other retirement plans.

- Government incentives are available for small employers setting up retirement plans.

- Common misconceptions about retirement plans can lead to missed opportunities for tax savings.

- It's important to regularly review retirement plans to ensure compliance and maximize benefits.

- Investing in oneself is crucial for long-term success in financial planning.

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#JackieMeyer #AccountingFirm #TaxPlanning #AccountingTips #FinancialPlanning #TaxStrategies #CPA #FinancialAdvisor #AccountingFirmOwners #TaxPlanIQ #DavidPodell #TaxNews #RetirementPlanning #Solo401k #IRSUpdates #FinancialAdvice #TaxDeductions #GovernmentIncentives #BusinessBenefits

In this episode, Dr. Jackie Meyer interviews Amy Vetter, a CPA, yogi, and author, discussing her unique journey in the accounting profession and the importance of finding balance in work and life. They explore the B3 method, practical steps for achieving work-life harmony, the significance of technology in accounting, and the value of advisory services. The conversation also touches on coaching programs and the need for effective communication in professional settings, culminating in a rapid-fire round of fun questions.

🔗 Connect with Amy Vetter, MBA, CPA, CITP, CGMA, CSP, RYT

https://www.linkedin.com/in/amyvettercpa

https://www.amyvetter.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

Make sure you head to https://www.taxplaniq.com/podcast for your listener exclusives!

---------------

Takeaways:

- Amy Vetter emphasizes the importance of self-reflection in the accounting profession.

- The B3 method focuses on integrating business, balance, and bliss into daily life.

- Setting boundaries and protecting your time is crucial for work-life balance.

- Practical steps like taking breaks between meetings can enhance productivity.

- Coaching programs can help individuals break patterns and create new habits.

- Technology should be utilized to its full potential in accounting practices.

- Effective communication is key to maintaining boundaries in meetings.

- Finding joy in small activities is essential during busy seasons.

- Understanding the purpose of technology can improve client experiences.

- Advisory services can create meaningful impacts on clients' businesses.

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#JackieMeyer #AccountingFirm #TaxPlanning #AccountingTips #FinancialPlanning #TaxStrategies #CPA #FinancialAdvisor #AccountingFirmOwners #TaxPlanIQ #AmyVetter #TaxNews #BusinessBalance #Coaching #AccountingTech #Advisory #B3Method #WorkLifeBalance

In this episode, Dr. Jackie Meyer and Van Carlson, CEO of SRA 831(b) Admin, discuss the complexities of risk management and the role of 831B captive insurance in modern business. They explore the evolution of risk since the introduction of the 831B tax code, the challenges posed by IRS regulations, and the importance of understanding unique business risks. Van emphasizes the need for business owners to educate themselves about risk management tools and the significance of proactive planning in navigating the complexities of insurance and compliance, especially as the Trump administration makes changes.

🔗 Connect with Van Carlson

https://www.linkedin.com/in/vancarlson

https://www.831b.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

Make sure you head to https://www.taxplaniq.com/podcast for your listener exclusives!

---------------

Takeaways:

- Risk management is crucial for entrepreneurs.

- The 831B tax code allows for self-insuring unique risks.

- IRS regulations can complicate captive insurance strategies.

- Business owners should assess their unique risks regularly.

- Captive insurance can provide tax planning & financial advantages if managed correctly.

- Understanding the lifecycle of a captive is essential for business owners.

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#JackieMeyer #AccountingFirm #TaxPlanning #AccountingTips #FinancialPlanning #TaxStrategies #CPA #FinancialAdvisor #AccountingFirmOwners #TaxPlanIQ #831B #CaptiveInsurance #RiskManagement #IRSregulations #BusinessInsurance #Entrepreneurship #TaxStrategy #BusinessRisks #InsuranceCompliance #trump2024 #trumpupdate

- Education is key to making informed decisions about risk management.

- The landscape of risk is evolving with technology and market changes.

- Collaboration with CPAs and financial advisors is vital.

- Captive insurance is not just for large corporations; small businesses can benefit too.

In this episode of The Concierge CPA Podcast, Dr. Jackie Meyer interviews Dave Spence, founder of Tax-Free Tutors. They dive into advanced tax strategies, including the Life Insurance Retirement Plan (LIRP), and discuss how to create scalable accounting practices. Learn about overcoming industry challenges, identifying red flags in partnerships, and building tax-free income sources for the future. This episode is packed with actionable insights for accountants and financial advisors looking to elevate their services and plan for long-term success.

🔗 Connect with Dave Spence, CPA, CFP, CLU, PFS

https://www.linkedin.com/in/davespencecfp/

https://taxfreetutors.com/

🔗 Connect with Dr. Jackie Meyer

Jackie's LinkedIn at https://www.linkedin.com/in/jackiemeyercpa

Jackie on Instagram @jackiemeyerCPA

Jackie's work at https://www.jackiemeyercpa.com

This episode is brought to you by TaxPlanIQ:

https://www.taxplaniq.com.

Join the TaxPlanIQ newsletter here ➡️ https://www.taxplaniq.com/newsletter-signup-listeners.

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In this episode of The Concierge CPA, Dr. Jackie Meyer sits down with Dave Spence, founder of Tax Free Tutors, to discuss innovative strategies for building tax-free wealth and addressing long-term financial security. Together, they explore the advantages of a Life Insurance Retirement Plan (LIRP), often referred to as a “Super Roth.” This strategy leverages after-tax contributions to create a tax-free income stream for retirement, offering benefits such as long-term care funding and legacy planning. Dave emphasizes the importance of diversification and using tools like LIRPs, Roth IRAs, and other tax-free options to shield wealth from the inevitable rise in tax rates driven by national debt and economic pressures.

Dave shares his journey from CPA to financial advisor, highlighting his passion for helping clients and professionals alike understand the power of tax-free wealth strategies. With debt levels surpassing historical highs and inflation on the rise, both agree that proactive tax planning is more critical than ever. They discuss key insights, including how tax brackets could dramatically increase in the coming decades, making it essential for individuals to secure tax-free income sources now.

For accounting professionals, the conversation offers valuable takeaways on integrating LIRPs into a broader accounting and financial growth strategy. Dave provides real-world case studies, showing how clients can turn significant contributions into decades of tax-free retirement income. They also touch on common misconceptions about life insurance and how modern LIRPs can be an efficient component of a well-rounded financial plan.

Whether you’re looking to enhance your accounting advisory services or secure your own financial future, this episode delivers actionable insights into long-term planning. To learn more about LIRPs and other strategies for tax-free wealth, listen to the full conversation and connect with Dave Spence on LinkedIn or visit Tax Free Tutors. Don’t miss out on practical advice to elevate your accounting firm and your clients’ financial well-being.

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#JackieMeyer #AccountingFirmGrowth #AccountingFirmGrowthStrategy #AccountingGrowth #LifeInsuranceRetirementPlan #TaxFreeWealth #TaxPlanning #RetirementPlanning #FinancialFreedom #AccountingTips #BusinessGrowth #FinancialPlanning #TaxStrategies #RetirementStrategy #WealthManagement #PersonalFinance #CPA #FinancialAdvisor #InsurancePlanning #AccountingFirmOwners #TaxPlanIQ