WealthAbility® for CPAs

Join Tom Wheelwright in this episode as he explores the CPA labor shortage with Professor Paul Madsen of University of Florida. Madsen is a Professor at the Fisher School of Accounting. His primary research interests include accounting regulation and standard-setting, the labor economics of accounting occupations, and 19th and 20th century accounting history. His research has been published in a n...

Join Tom Wheelwright in this episode as he discusses "Security in the Cyber Age" with authors Derek Reveron and John E. Savage, both professors and experts in cybersecurity. Derek Reveron is a Chair and Professor of National Security Affairs at the U.S. Naval War College in Newport, R.I., who specializes in strategy development, non-state security challenges, intelligence, and U.S. defense policy....

Join Tom Wheelwright in this episode as he speaks on gaining amplified intelligence using AI in the financial sector with Kate Bravery, Senior Partner and Mercer's Global Advisory Solutions & Insights Leader, author, and podcast host of the New Shape of Work. Kate is the author of Mercer’s annual Global Talent Trends study and speaks regularly on the Future of Work. She is currently partnering...

Are you having difficulties growing your tax business amidst a busy schedule and an everchanging tax law? Is it possible to propel your practice to a whole new level of growth and success in lieu of a struggling economy? In this episode, Michael D. Watkins joins Tom in an eye-opening discussion of how strategic thinking and its disciplines can expand the possibilities for you and your clients. Lea...

How will the Corporate Transparency Act (CTA) impact your small business clients? What can we do to help our clients get through this? In this episode, John Skabelund joins Tom in a thorough breakdown of what the CTA means for our clients, what steps are required for filing, and the important role CPAs and attorneys play in this upcoming change. Learn more about your ad choices. Visit megaphone.fm...

Do our clients understand how their oil and gas investments actually work? Why is it so important to broaden our economic literacy to best serve them? In this episode, John Engel joins Tom in exploring the current climate for oil and gas investments, economic and ethical considerations for you and your clients, and a deeper understanding of how to make their investment portfolio work for them. Lea...

WealthAbility for CPAs #111 – Has your firm discussed the potential benefits of cost segregations with your clients in their wealth strategies? With proper planning, accelerated deprecation strategies can be extraordinarily powerful tools when it comes to building their portfolio. In this episode, Kim Lochridge joins Tom to discuss the finer details of what goes into cost segregations and how you...

WealthAbility for CPAs #110 – How do we get rid of toxicity in the office? What changes must be made to establish a more productive and positive practice? In this episode, Anthony Iannarino joins Tom in discovering how to eliminate negativity, propel towards happiness and productivity, and how it leads to living our best lives.  Learn more about your ad choices. Visit megaphone.fm/adchoices

WealthAbility for CPAs #109 – Moore v United States may have major ramifications on CPAs and their clients. What do we already know and what can we expect as this case continues? In this episode, Garrett Watson provides a deep analysis on Moore v United States so we can navigate accordingly with our clients and to prepare everyone for the outcome ahead. Learn more about your ad choices. Visit mega...

WealthAbility for CPAs #108 – Taxes are often anxiety inducing for our clients. But what if we could alleviate that stress by practicing positive communication? Are you so task-driven that you’re forgetting to build a necessary financial relationship? In this episode, Julien C. Mirivel and Alex Lyon join Tom in exploring the key fundamentals of positive communication, how you can be a better leade...

The volatility of the economy, inflation, and the aftermath of the pandemic have affected our community of small business owners. How do we structure our own firm from the inside so it is impenetrable from outside factors? What are the internal foundations we need to build a risk-free business? In this episode, Patrick Esposito joins Tom in exploring how to internally structure our small business...

With the IRS announcing they will ramp up their audits, what does this mean for our firms and our clients? How can we be the best advocate and alleviate the stress of an audit for all parties involved, but especially for our clients? In this episode, Tom Wheelwright walks us through the in-depth details of what to expect from an audit, and the steps to handle it from start to finish, so we can opt...

When was the last time you stepped back and updated your pricing model? What is this price based on, anyway? Perhaps our perspective could be shifted, structures updated, and everyone is a winner on the other side. In this episode, Ron Baker joins Tom to we can create more revenue and attract better clients, all by refocusing our value-metrics.  Learn more about your ad choices. Visit megaphone.fm...

Should you be utilizing cost-segregation studies? Do your clients qualify for research and development credits? Even if our clients don’t benefit from these tools right now, understanding how they could in the future might help them generate significantly more wealth. In this episode, Kim Lochridge joins Tom to help us discover how accelerating depreciation and capturing credits can maximize cashf...

Every business benefits from a rigid and comprehensive set of internal systems. Even if you don’t know it already, your business is probably operating with systems whether you know it consciously or not. In this episode, David Dodson joins Tom to discuss how to create a system that allows you to successfully manage all aspects of your accounting business. Learn more about your ad choices. Visit me...

Have you thought about starting a podcast? Maybe a simple newsletter? Your personal brand exists whether you want it to or not, and people will have their opinions. In this episode, Aliza Licht joins Tom to help us discover how to build a system that crafts, re-crafts, amplifies and sustains your brand. Learn more about your ad choices. Visit megaphone.fm/adchoices

Entrepreneurs put so much of themselves into their businesses, it’s natural that the business is going to become part of them. Understanding yourself can lead to an authenticity in your business that attracts success.  In this episode, Gary C. Cooper joins Tom to discover how lasting success comes from determining your purpose and then serving others. Learn more about your ad choices. Visit megaph...

AI is here, and it’s already having a significant impact on life as we know it. Instead of fearing our dwindling relevance, perhaps we can leverage the power of AI in our business. In this episode, Mike Goldsby joins Tom to help us discover how we can design a tax business that will thrive in this a of rapid change.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Landing clients is more cut-throat than ever. People are often talking about getting “more” prospects, but have you explored converting “better” prospects? A deeper understanding of human nature might be the key to your success. In this episode, David Kurkjian joins Tom to discuss how we can efficiently connect with our prospects to make sure we’re the solution they need. In this episode, David Ku...

How do we improve our decision making under pressure? Is there a formula we can use to guide our decisions in our business? In this episode, Doug Lennick & Chuck Wachendorfer join Tom in exploring what it takes to be better decision makers from improving our self-leadership, productivity, performance, and life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Do you find sales challenging? Have you been struggling to find your authenticity with a client? In this episode, Colin Coggins and Garrett Brown join Tom in dissecting what goes into the perfect sale and how you can refine your methods through personal development. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you curious about shifting from compliance-based tax services to strategic and consultive? What is the value in accelerating your firm to another level? In this episode, Tom Wheelwright and John Thompson explore how shifting your tax services can grow both your firm and your client‘s value, know where to start, and where to go confidently on your leap to the next level. Learn more about your a...

What impact can AI have on the accounting and advisory professions? Is there a way to utilize AI for your practice, but still position your business to be AI proof? In this episode, Tom Wheelwright and Professor Nick Hallman explore how to adopt AI and increase profits and productivity while reducing costs. Learn more about your ad choices. Visit megaphone.fm/adchoices

Are your plans working out for you? Or do you find them working against you - costing you time, money, your team and your company? Are there practical ways to create and implement a smooth and reliable plan to ensure fast delivery and accelerated results? In this episode, Tom Wheelwright and Dan Gardner breakdown what successful planning actually looks like. You and your team can begin to execute...

Are you or your team chronically stressed because of work? Are you able to catch the warning signs before they cause a negative relationship with work and with yourself? In this episode, Christina Maslach joins Tom Wheelwright to breakdown what areas in the workplace cause burnout, how to recognize the signs, and how you can implement solutions so you, your team, and in turn your clients can truly...