In this episode, Owen Pryor of Evans May Advisory shares his journey in the financial services industry, the innovative structure of his CPA firm, and the importance of client service. Owen emphasizes leveraging technology to enhance client engagement and the evolving needs of clients in today's market. The discussion also covers the significance of quarterly planning in light of recent tax law changes, the value of partnering with Align Tax for specialty tax services, and strategies for talent acquisition and firm growth. Owen shares insights on community engagement and the future plans for Evans May Advisory, highlighting their commitment to providing exceptional service.

Takeaways

• Owen has been in the financial services industry since 2006.
• Owens May Advisory aims to provide a unique approach to CPA services.
• They do not track billable hours, focusing instead on value-added services.
• Leveraging technology is key to enhancing client communication.
• Quarterly planning is essential for effective tax strategy.
• Clients prefer a seamless transition between CPA and wealth management services.
• The firm is focused on community engagement and providing affordable space for not-for-profits.
• Talent acquisition is a priority, with a focus on work-life harmony.
• The firm is excited about their new office and growth opportunities.

You've been listening to the Tax Savvy Specialty Tax Podcast: real business stories, engaging guest experts, and practical tax strategies, all designed to help you keep more money in your pocket. Subscribe now to catch every episode.

In this episode of the Tax Savvy podcast, our host Craig Fouts of Align Tax Consulting speaks with international tax lawyer, Sean King about the evolving landscape of global business and taxation. Sean shares insights from his extensive experience in the field, discussing the challenges and opportunities faced by companies operating across borders. Key topics include the importance of transfer pricing, the impact of recent tax legislation, and the trend of reshoring operations back to the U.S. The conversation emphasizes the need for collaboration among trusted advisors to navigate the complexities of international tax compliance and business strategy.


Key Takeaways:

• Transfer pricing is a critical compliance issue for multinational companies.
• Recent tax legislation has created both challenges and opportunities.
• Reshoring operations can lead to significant tax implications.
• Collaboration among advisors is essential for client success.
• Companies must revisit transfer pricing documentation after supply chain changes.
• Inbound investment in the U.S. is currently high due to various initiatives.
• Understanding local tax implications is crucial when exiting foreign jurisdictions.

You've been listening to the Tax Savvy Specialty Tax Podcast: real business stories, engaging guest experts, and practical tax strategies, all designed to help you keep more money in your pocket. Subscribe now to catch every episode.

In this conversation, Bob Lewis, President of the Visionary Group, discusses the current challenges and opportunities in the accounting industry, particularly focusing on M&A, private equity, and the impact of AI. He emphasizes the importance of having a clear independence plan for firms, the need for informed decision-making in succession planning, and the potential for firms to reshape their pricing and service models to enhance profitability. Bob also shares insights on the future of M&A activity and the evolving landscape of accounting firms as they adapt to new market demands.

You've been listening to the Tax Savvy Specialty Tax Podcast: real business stories, engaging guest experts, and practical tax strategies, all designed to help you keep more money in your pocket. Subscribe now to catch every episode.