Building Portfolios Through Specialized Expertise

This week on Let’s Talk Tax, host ⁠Tim Masters⁠ is joined by guest ⁠Jerry Hammel⁠ to discuss the evolving role of CPAs in current market trends. Jerry shares insights from his 38-year career working with closely-held businesses, emphasizing the importance of understanding clients’ operations to offer strategic tax services. They explore challenges faced by modern CPAs, especially in a fast-paced, post-COVID world, and the impact of private equity in the industry. Jerry also provides valuable tips for emerging CPAs on building technical expertise and effectively using specialty tax services to add value for clients. The discussion highlights strategies for maintaining strong client relationships and continually improving service offerings.