On Tax Tadd Fowler of Procter & Gamble
Apr 29, 2025
Tadd Fowler, Senior Vice President at Procter & Gamble, shares his remarkable journey from an accounting major to a leading tax strategist. He delves into the vital skills needed for success, using a Ferrari analogy to emphasize mastering foundational tasks. Tadd also discusses the nuances of financial versus tax accounting and the impact of career transitions, offering insights into mentorship and decision-making. Additionally, he highlights the traits that distinguish exceptional tax advisors, blending personal anecdotes with professional wisdom.
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Starting Tax Career in Public Accounting
- Tadd Fowler began his tax career in public accounting after college, initially performing audit work before transitioning to tax about six months in.
- This shift to tax marked the start of a 35-year journey in the tax field that continues today.
Value of Early Tax Compliance Work
- Performing routine, compliance-related tax work builds a vital foundation for later expertise in advisory roles.
- Approach every assignment as a learning opportunity to develop the ability to integrate all aspects of tax work.
Build Before You Design
- Do your best in routine or seemingly boring tasks as they build essential skills and knowledge.
- Think of early tasks as building the "Ferrari" to eventually become capable of designing it yourself.