Playbook for surviving and thriving in year one for a CPA firm

Apr 28, 2022

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The April 2022 tax deadline has passed and many tax practitioners are soaking in a well-deserved respite. Now may be the opportune time to think about starting up your own tax practice. While the thought of being a successful entrepreneur may seem daunting, there’s some best practices to get you started.

On this episode of the Tax Section Odyssey April Walker, CPA, CGMA, Lead Manager — AICPA Tax Section, talks with Kelly Rohrs, CPA, P.C., Owner — Kelly A. Rohrs, CPA, about her transition over the past year to owning her own tax practice and lessons learned for success.

What you’ll learn in this episode

Motivating factors that influenced Kelly to open her own practice (1.57)
Important lessons learned over the past year (4.09)
Finding help for administrative tasks (5.38)
Knowing your optimal technology stack needs (7.20)
Tips for having a successful work-life balance (10.06)
Evaluating social media platforms(15.22)
Billing practice suggestions (17.53)
Final thoughts from Kelly (22.10)
A page from Kelly’s travel journal (23.06)

AICPA resources

Key considerations when buying a CPA practice | Tax Section Odyssey — Raleigh Cutrer, CPA/PFS/ABV, Shareholder at Matthews, Cutrer and Lindsay, P.A., talks about five key areas to consider when exploring whether to acquire another CPA practice.
Key considerations when selling a CPA practice | Tax Section Odyssey — Raleigh Cutrer, CPA/PFS/ABV, Shareholder at Matthews, Cutrer and Lindsay, P.A., talks about five key areas to consider when in the process of selling your CPA practice.
AICPA Town Hall Series– Bi-monthly, high-impact news broadcast series that delivers the latest news, analysis, insights and practical guidance to accounting and finance professionals and respond to pressing issues facing the profession

Keep your finger on the pulse of the dynamic and evolving tax landscape with insights from tax thought leaders in the AICPA Tax Section. The Tax Section Odyssey podcast includes a digest of tax developments, trending issues and practice management tips that you need to be aware of to elevate your professional development and your firm practices.

This resource is part of the robust tax resource library available from the AICPA Tax Section. The Tax Section is your go-to home base for staying up to date on the latest tax developments and providing the edge you need for upskilling your professional development. If you’re not already a member, consider joining this prestigious community of your tax peers. You’ll get free CPE, access to rich technical content such as our Annual Tax Compliance Kit, a weekly member newsletter and a digital subscription to The Tax Adviser.