234 Tax Firm Adding Value with Financial Planning and CAS (feat. Matt Kidd, CPA)
NOV 13, 202452 MIN
234 Tax Firm Adding Value with Financial Planning and CAS (feat. Matt Kidd, CPA)
NOV 13, 202452 MIN
Description
<p>Episode 234</p>
<p>FACULTY: Matt Kidd, CPA</p>
<p>CLASS: #Shoperations</p>
<p>In this throwback to Sons of CPAs, Scotty chats it up with Matt about his two CPA brothers, diving into how they each built successful practices, inspired by their CPA father. They talk about managing and transitioning CPA firms, incorporating wealth management, modernizing traditional practices, tax season, and client relationships. Tune in for a comprehensive view on growing a client-centric, million-dollar CPA practice, with insights on practical strategies and overcoming challenges in the accounting profession.</p>
<p>π£ Shout Outs: Shane Mason, Blunden, QuickBooks Online, QuickBooks Desktop, Xero, UltraTax, Karbon, Excello, Onvio, Thompson Reuters, Citrix, Buckingham Strategic Partners, Loring Ward, AICPA, AICPAENGAGE, Jon Gordon</p>
<p>β¬οΈ Video Referenced β¬οΈ</p>
<p>051 - Numbers and Love Letters (feat. Shane Mason, CPA/PFS, CFP, CPWA) (<a href="https://youtu.be/Pkn_JPfwl0k" rel="ugc noopener noreferrer" target="_blank">https://youtu.be/Pkn_JPfwl0k</a>)</p>
<p>π Books Referenced π</p>
<p>The Energy Bus: 10 Rules to Fuel Your Life, Work, and Team with Positive Energy by Jon Gordon</p>
<p>(<a href="https://theenergybus.com/" rel="ugc noopener noreferrer" target="_blank">https://theenergybus.com/</a>)</p>
<p>Chapters:</p>
<p>00:00 Teaser</p>
<p>02:12 Meet Matthew Kidd: The CPA Journey</p>
<p>02:30 Family of CPAs: The Kidd Legacy</p>
<p>02:50 The Value of Wealth Management</p>
<p>02:58 Matthew's Path to Becoming a CPA</p>
<p>07:26 Acquisitions and Practice Growth</p>
<p>14:15 Hard Numbers</p>
<p>24:02 Modernizing</p>
<p>25:43 Navigating Tax Laws and Old Tech</p>
<p>27:18 The Onvio Experience</p>
<p>29:50 Transitioning to Cloud-Based Systems</p>
<p>33:24 Launching Wealth Management Services</p>
<p>40:57 Marketing Wealth Management to Clients</p>
<p>45:17 The GetTo Foundation and Its Impact</p>
<p>47:54 Reflections on Accounting Practices and Margins</p>
<p>51:39 Closing Thoughts and Future Plans</p>
<p>π Connect With Us On LinkedIn! π</p>
<p>Matt Kidd, CPA</p>
<p>π<a href="https://www.linkedin.com/in/matthewkiddcpa/" rel="ugc noopener noreferrer" target="_blank"> https://www.linkedin.com/in/matthewkiddcpa/</a></p>
<p>Blunden & Kidd Accounting & Consulting, P.C.</p>
<p>π<a href="https://www.linkedin.com/company/blunden-kidd-accounting-consulting-p-c/" rel="ugc noopener noreferrer" target="_blank"> https://www.linkedin.com/company/blunden-kidd-accounting-consulting-p-c/</a></p>
<p>π<a href="https://blundenkidd.com/" rel="ugc noopener noreferrer" target="_blank"> https://blundenkidd.com/</a></p>
<p>Scotty OKR Scarano</p>
<p>π<a href="https://www.linkedin.com/in/scottscarano/" rel="ugc noopener noreferrer" target="_blank"> https://www.linkedin.com/in/scottscarano/</a></p>
<p>Accounting High</p>
<p>π<a href="https://www.linkedin.com/company/accounting-high/" rel="ugc noopener noreferrer" target="_blank"> https://www.linkedin.com/company/accounting-high/</a></p>
<p>π<a href="https://www.accountinghigh.com/" rel="ugc noopener noreferrer" target="_blank"> https://www.accountinghigh.com/</a></p>
<p>Tags: Shoperations, Accounting High, Accounting, Podcast, Shop Class, Firm Operations, Systems And Processes, tax planning, financial advisory, CPA journey, wealth management, family business, accounting firm growth, hybrid work model, client relationships, CAS integration, professional development</p>
