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Simply Tax

127 Episodes

28 minutes | 4 days ago
The Aggregated Assault #119
Step back in time for the thrilling radio drama conclusion of the case of “The Missing Deduction.” This follow-up to the short film brings you inside a day with—and the head of—host Damien Martin as he helps ace investigative reporter Annie Story boil down yet another complex aspect of Internal Revenue Code Section 199A following the shocking transformation of Mr. Quincy B. I. Donaldson, aka QBID. The Cast Emma Elliot as Annie Story Chris Greig as Carl P. Albright Ted Dickman as Doc Dickman Damien Martin as himself The Crew Written by Damien Martin & Aaron Phares Produced, Edited, & Mixed by Aaron Phares Get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
43 minutes | 23 days ago
2021 Tax Filing Season Begins! #118
The American Institute of CPAs (AICPA) Tax Policy & Advocacy Team and volunteer members continually monitor and advocate on legislative, regulatory, and administrative tax matters. The team has been off to an active 2021, following a remarkably busy 2020. Guests Amy Wang and Alex Scott of the AICPA Tax Policy & Advocacy Team join host Damien Martin to share updates and provide insight into the current areas the team is closely watching and working in. Here’s what’s covered: [03:20] Update on virtual currency-related tax issues and the AICPA comment letter on IRS virtual currency guidance (February 28, 2020) [07:45] Insights on partnership tax basis capital reporting and the AICPA comment letter on Notice 2020-43 regarding tax capital reporting (September 15, 2020) [16:07] Form 1065 instruction updates and the AICPA comment letter on the draft Form 1065 instructions (December 7, 2020) [17:47] The latest on the Organisation for Economic Co-operation and Development (OECD) digital tax developments and AICPA advocacy efforts AICPA policy paper: Taxation of the digitized economy(Revised May 2019) AICPA comment letter on key elements essential to modification of the international tax system (May 2019) AICPA comment letter on Pillar One and income allocations between jurisdictions (October 2019) [22:33] Forms 5471 and 5472 penalty issues [26:14] Section 163(j) guidance and AICPA advocacy efforts AICPA comment letter on final and proposed regulations – pass-through issues (December 21, 2020) AICPA comment letter on Section 163(j) international and exempt organization issues (December 21, 2020) [36:20] Advice on the 2021 tax filing season Learn more about our guests and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
45 minutes | a month ago
New Year, New Tax Changes #117
Tax headlines are swirling after several tax-related developments following the enactment of the 2021 Consolidated Appropriations Act on December 27, 2020. Tune in as host Damien Martin cuts through the static of these significant changes with returning guests Jesse Palmer and Yelena Bosovik. Here’s what’s covered: Expanded and extended employee retention credit (ERC) What is the ERC? [01:55] What changed? [05:17] How do you claim the ERC retroactively for 2020? [09:54] Extended credits under the Families First Coronavirus Relief Act [10:50] Paid sick leave vs expanded family leave [12:32] Importance of documentation [13:45] Important considerations for the ERC [15:45] Business meal deduction changes [22:00] Charitable provisions for individuals [25:52] Deferral of the employee’s portion of Social Security tax [27:26] Other employment benefit changes [31:15] Extender provisions [35:12] Closing remarks [42:30] Learn more about our guests and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
49 minutes | 2 months ago
New Year, New PPP Changes #116
The latest COVID-19-related relief package included key changes to the Paycheck Protection Program (PPP). Get the practical insights you need from returning guests Tad Goodenbour and James Anderson as they discuss what these changes mean for borrowers and the interim final rules released January 6, 2021, by the U.S. Small Business Administration (SBA). BIO FOR OUR GUESTS Tad Goodenbour is a partner in BKD’s Colorado Springs practice. Tad has more than 35 years of experience in public accounting, focusing on federal income tax, and serves primarily quick service restaurant, gaming, agriculture, and real estate companies. He also has significant experience in partnership and limited liability company planning, structuring, and operation and is one of BKD’s technical area specialists in partnership taxation. James Anderson is a partner and tax director out of BKD’s Nebraska practice. He is a member of BKD National Construction & Real Estate Group and BKD National Commercial Services Group and is the north region tax director for the firm’s tax committee. James is experienced in providing corporate and individual taxation assistance to construction companies, financial institutions, manufacturers, and retailers across the Midwest. He also consults with clients regarding accounting method changes, multistate taxation, choice-of-entity analyses, tax controversy support, and business combinations. Get additional resources (including the citations for the other cases mentioned in the discussion) here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
146 minutes | 2 months ago
Top Ten Tax Cases of 2020 with Tony Nitti #115
The twists and turns of 2020 made it difficult to keep up with tax court cases this year, but we’ve got you covered! Frequent guest Tony Nitti returns to the podcast again this year to boil down the key lessons from his top tax cases with host Damien Martin. Here’s what’s covered in our final episode of 2020: Bordelon v. Commissioner, T.C. Memo 2020-26 @08:59 Hakkak & v. Commissioner, T.C. Memo 2020-46 @27:08 Lucero v. Commissioner, T.C. Memo 2020-136 @41:52 Duffy v. Commissioner, T.C. Memo 2020-108 @56:48 Morning Star Packing v. Commissioner, T.C. Memo 2020-142 @1:22:52 Beckett v. Commissioner, C. Summary Option 2020-19 @1:33:30 Christensen v. Commissioner, T.C. Memo 2020-14 @1:49:50 Biddle v. Commissioner, T.C. Memo 2020-39 @1:54:45 Novoselsky v. Commissioner, T.C. Memo 2020-68 @2:01:58 Cuthbertson v. Commissioner, T.C. Memo 2020-9 @2:13:23 Learn more about Tony and get additional resources (including the citations for the other cases mentioned in the discussion) here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
38 minutes | 3 months ago
AICPA Advocacy Updates: Penalty Relief & More #114
The American Institute of CPAs (AICPA) Tax Policy & Advocacy Team and volunteer members continually monitor and advocate on legislative, regulatory, and administrative tax matters—and 2020 has been an exceptionally busy year. In this episode, guest Melanie Lauridsen, AICPA tax policy and advocacy senior manager, joins host Damien Martin to share what the team has been up to and provide an update on penalty relief and the electronic signature program. Here’s what’s covered: Who is Melanie Lauridsen? @3:14 Penalty relief for late filing and late payment @05:32 AICPA recommendations for the IRS @10:34 How the IRS responded to AICPA recommendations @17:39 The latest on IRS penalty relief @20:07 Guidance regarding electronic signatures @21:50 Permanent relief vs. temporary relief @24:28 Forthcoming permanent solution for power of attorney forms @30:40 Continuation of temporary relief for next filing season @32:36 Key focus areas moving forward @33:46 Comment letter process @34:51 Closing thoughts @36:16 Learn more about our guest and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
27 minutes | 4 months ago
AICPA Advocacy Updates: PPP & Beyond #113
The American Institute of CPAs (AICPA) Tax Policy & Advocacy Team and volunteer members continually monitor and advocate on legislative, regulatory, and administrative tax matters—and 2020 has been an exceptionally busy year. Guest Amy Wang, AICPA tax policy and advocacy senior manager, joins host Damien Martin to share what the team has been up to and provide an update on Paycheck Protection Program (PPP) loan forgiveness. Here’s what’s covered: Update on PPP loan forgiveness and related activity in Washington @01:16 The latest with AICPA tax policy and advocacy efforts @06:51 Ways the AICPA has made a difference in the guidance implementation process @17:58 Key areas of focus going forward @21:12 Closing thoughts @24:44 BIO FOR GUEST Amy Wang is a member of the AICPA Tax Policy & Advocacy Team, whose mission is to serve the public interest by helping AICPA members be the most trusted professional providers of tax services, while also advocating sound tax policy and effective administration. She plays a key role in the development of AICPA testimony for tax-related congressional hearings. Learn more about our guest and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
23 minutes | 4 months ago
Election Results & Year-End Tax Advisor #112
It’s been a turbulent year amid a global pandemic and a cliffhanger of an election, making year-end tax planning more important than ever to create and maintain financial health for you, your family, and your business. National Tax Assistant Director Julia Dengel returns to the podcast to discuss some of the topics and articles within this year’s Tax Advisor and how they can assist you with year-end tax planning and financial decision making. Here’s what’s covered: Update on the outlook for tax change and what it means for year-end planning @00:32 Background on the Year-End Tax Advisor @05:18 Cybercrime during COVID-19 @08:11 Year-end tax planning for individuals @11:05 Year-end tax planning for businesses @12:04 Charitable giving tax planning considerations @13:53 TCJA complexities and the need to model @15:18 Overview of industry-specific articles @17:38 Financial services @18:30 Construction, real estate, and hospitality @18:42 Nonprofits @18:49 Tax planning in an election year @19:09 Transferring your business @19:18 Key takeaways @20:12 Learn more about our guest and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
50 minutes | 4 months ago
Change Of Residency and the Illinois "Fair Tax" #111
Change of state residency is on the minds of many these days, as we navigate a pandemic that has increased the prevalence of remote working and led some individuals to reevaluate where they live and work. State and local tax (SALT) attorney David Hughes joins host Damien Martin for an in-depth discussion on the topic of residency and a constitutional amendment on the 2020 Illinois ballot that would allow graduated income tax rates. Here’s what’s covered: The Illinois “Fair Tax” @02:28 Some potential ramifications of a graduated income tax @14:34 Circumstances where changing residency may make sense and be a viable option @21:58 Factors for evaluating a change of residency @27:11 Overcoming a presumption of residency @36:56 Best practice for approaching SALT implications of telecommuting amid the pandemic @47:05 Learn more about our guest and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
41 minutes | 5 months ago
Finding And Sharing Your "And" #110
Catalyst for corporate culture change and podcast host John Garrett joins host Damien Martin to discuss John’s latest book, What's Your "And"?: Unlock the Person Within the Professional, and the importance of having personal passions outside of the workplace. John shares some of the highlights of writing his book, how his message can help when adapting to the COVID-19 environment, and more. Here’s what’s covered: Foreword written by former Notre Dame football coach Lou Holtz @01:35 The experience of writing What's Your “And”? @07:56 The most difficult part of the writing process @12:10 Who’s the book written for? @14:43 Retirement and going beyond your job title @16:19 The impact of the pandemic on business and helping clients adapt @18:29 Improving culture and how passions can deepen relationships @25:38 The role of vulnerability in growth and leadership @29:00 Highlights of "Follow-Up Fridays" @32:23 Mental wellness during a pandemic @35:18 Closing comments @39:13 Learn more about our guest and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
38 minutes | 5 months ago
Audit & Analytics Amid COVID-19 #109
What should businesses and their advisors be considering when it comes to financial statement audits, given the recent disruptions caused by COVID-19? What role can analytics play in managing cash flow and forecasting? Guests Megan Stern and Greg Knight join host Damien Martin to offer their insights from working with businesses amid the pandemic in the last six months and share best practices and considerations for next year’s audit. Here’s what’s covered: The importance of cash flow management and the impact of the pandemic [01:46] How this year’s auditing compares to last year [05:09] Special considerations for CFOs to prepare for upcoming audits [06:55] Implementing new financial statement standards [13:23] Revenue recognition FAQs [15:59] Considerations for revenue recognition amid COVID-19 [23:59] Discussing and presenting cash flow forecasts with your bank [26:11] Understand your cost structure [31:16] Going concern gets a bad rap but doing the analysis isn’t a bad exercise [34:40] Closing thoughts on cash flow forecasts [35:23] Learn more about our guests and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
60 minutes | 6 months ago
Why You Should Work In Tax #108
Why would anyone want to work in tax? Find out as guest Kent Klaus, a senior instructor at DePaul University, joins host Damien Martin to share insights from practicing and teaching in tax. Here’s what’s covered: How Kent Klaus came to teach @01:29 The opportunities of a career in tax @05:26 Becoming a subject matter expert and how to find your area @08:11 Damien’s path to a career in tax @17:55 Advice for those considering a career in accounting @20:55 How Damien came to host a podcast @26:33 Online courses can be a more rewarding experience than in-person classes @37:35 Tips for learning in a remote environment @40:16 Advice for students and those starting a tax career amid a pandemic and beyond @46:24 Tips for virtual interviews @50:08 Finding a mentor in a virtual environment @55:18 Learn more about our guest and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
56 minutes | 6 months ago
The Latest SALT Developments #107
Guests Mary Reiser and Jana Gradeva join host Damien Martin to unpack state and local tax (SALT) developments and discuss areas you should focus on amid an uncertain and rapidly changing environment. Here’s what’s covered: How state and local jurisdictions generally apportion a taxpayer’s employment income [01:53] What role does payroll play in apportionment formulas for businesses? [10:57] Sales tax considerations for telecommuting [13:17] How have states responded to the many employees working remotely due to the pandemic, and what are the related implications for remote employees? [14:08] What are the state and local considerations of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provisions? [16:21] Now that we’re a little more than two years in since the landmark U.S. Supreme Court decision in South Dakota v. Wayfair, Inc. (Wayfair), how have states responded? [25:04] Marketplace facilitator rules [31:25] Audits after Wayfair [35:36] What should taxpayers and their advisors focus on now from an income tax perspective? [41:05] How Wayfair has impacted mergers and acquisitions [47:00] “It depends and it’s changing all of the time” [50:11] Learn more about our guests and get additional resources here.
58 minutes | 7 months ago
Simply Campus Recruiting #106
BKD campus recruiters Jerica Newby and Michael Nuttle join host Damien Martin to offer advice for students making one of the most important life decisions: Where should you work? Who is Jerica Newby? @01:46 Who is Michael Nuttle? @03:03 The accounting recruiting cycle @05:35 How to use campus recruiters to your advantage @10:08 Why you should consider a career in public accounting and tax @15:17 Deciding between audit and tax @22:10 Tips for a successful internship @30:10 Recruiting and getting a job during crisis @37:43 Top student concerns @42:27 Ways to stand out in a virtual environment @48:44 The CPA exam @53:29 Learn more about our guests and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
48 minutes | 7 months ago
Leading Change From The CFO's Desk - Part 2 #105
We're back with part two of our conversation on managing change and driving innovation. Join host Damien Martin and change and project management specialists John Gamble and Gary Farrar as they continue their discussion on leading change in any organization that was tapped in front of a live audience at a Financial Executives International event in Chicago, IL on February 27, 2020. This special two-part interview covers strategic perspectives on change management and an opportunity to hear about and learn from BKD’s internal innovation efforts. Here’s what’s covered in part two (give episode 104 a listen for part one): Collaboration in a remote environment @ 1:54 Working with resistors as a new person on the team @ 3:49 Tips for approaching cost reduction projects and post-merger integrations @ 6:09 Innovation is a slice of change management @ 7:27 The horizons and types of innovation @ 10:27 How BKD is approaching innovation @ 12:56 Failing fast and other concepts from the lean start up world @ 18:37 A client story of BKD innovation @ 24:49 Score carding as a type of incremental innovation @ 27:53 Innovation for organizations other than professional services firms @ 28:35 Key action items for CFOs @ 31:58 Managing profitability and innovation @ 36:38 Tips for family-owned and closely held businesses @ 40:47 Key takeaways @ 44:13 Learn more about our guests here and watch the video of the full interview here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
62 minutes | 7 months ago
Leading Change From The CFO's Desk - Part 1 #104
Managing change and driving innovation have rapidly become top priorities for financial executives; however, it’s often difficult to keep up with the fast pace of change and fit these challenging tasks into an already packed to-do list. Join host Damien Martin and change and project management specialists John Gamble and Gary Farrar for an informative discussion on leading change in any organization that was tapped in front of a live audience at a Financial Executives International event in Chicago, IL on February 27, 2020. This special two-part interview covers strategic perspectives on change management and an opportunity to hear about and learn from BKD’s internal innovation efforts. Here’s what’s covered: “Change is all around us, some that’s in our control and some that’s not” @4:37 Perspectives on change management from the AICPA @6:58 It can be overwhelming @9:44 External drivers of change @11:01 Two basic questions you need to ask to be relevant and successful in a future that looks different than today @14:43 Two basic disciplines @17:13 The process of successful personal change @22:40 The psychology of going through change @29:12 What’s a project? @31:28 Characteristics of a good project manager @35:26 What should you do if you don’t have a project manager on the team @39:37 Is project management still relevant? @42:52 The triple constraints that define any project @45:49 How do you instill passion to your team to get behind a project? @48:13 Why do 70 percent of project fail? @50:53 How to engage passive listeners on the team @52:17 Tips for being a project management by default @56:48 Portfolio management for project management @57:54 Learn more about our guests here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
66 minutes | 8 months ago
COVID-19 Business Interruption Claims #103
Guests Bryan Callahan, Bob Sprague, Will Weltman, and Kevin Dreher join host Damien Martin to have a conversation surrounding business interruption claims, contingent business interruption claims, civil authority claims, and related considerations amid a global pandemic. Here’s what’s covered: Take stock and consult a professional [04:11] Industries impacted fall into two buckets [07:51] Timeline and what to expect [10:20] Arbitration [12:07] Assessing the magnitude and where to start [19:02] The time is now to start tracking [23:01] Trigger events under first party policies [27:56] Exclusions might apply [35:36] An important question to consider [40:03] Measuring the period of restoration [44:57] Claims against proceeds [51:44] Impact of possible legislation [55:25] Recoveries from relief and other sources [56:57] Closing thoughts and considerations [58:28] Learn more about our guests here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
37 minutes | 8 months ago
Accounting For Diversity & Inclusion - Part 2 #102
BKD partners Rachel Dwiggins and JoAnna Simek join host Damien Martin to continue a conversation on diversity, equity, and inclusion and share their experiences as women in the accounting profession. Here’s what’s covered: Experiencing the 2019 AICPA Women's Global Leadership Summit (Summit) [01:14] Being the only woman in the room [03:24] Creating a more inclusive conversation [06:03] Key takeaways from the Summit [07:42] BKD’s SKY initiative [12:41] Unconscious bias [14:04] Mentorship and sponsorship [17:01] Are you participating in the right meetings? [23:28] Gender and parenting [31:26] Learn more about our guests here and listen to part one here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
54 minutes | 8 months ago
Accounting For Diversity & Inclusion - Part 1 #101
Guest Trisha Daho joins host Damien Martin to discuss why and how to create an inclusive culture to help give everyone in your organization the path and tools to reach their highest aspirations and fullest potential. Here’s what they cover: Who is Trisha Daho? @01:39 What is diversity, equity and inclusion @03:33 You need solve an inclusion problem first @04:54 The business case for diversity @07:12 Where to start @08:45 What to do after you assess where you are? @12:44 A sense of belonging is the tip of the iceberg @17:29: “You are never going to fully understand the experience of someone that’s gone through something that you would never comprehend” @21:08 You must be authentic and real @27:56 Resources and how to get help @29:37 A way to win the war on talent in the accounting industry @32:36 Advice for organizations looking to make a change in light of recent events @36:20 Tips for having challenging conversations and what to avoid @ 37:32 How to avoid falling victim to your bias and blinds spots @40:26 Leading and sustaining change @44:58 Virtual considerations for difficult conversations @47:42 Now is the time! @49:05 BIO FOR GUEST Trisha Daho is the founder and owner of Empowered, where she partners with C-suites and managing partners to think, plan, and execute strategically for the purpose of accelerated and sustainable growth, primarily in professional service firms. She also partners with larger firms to create success for women and diverse people who are entering leadership positions through a diversity and inclusion peer advisory experience focused on strategy, high performing teams, and advocacy in leadership. With a law degree from Case Western Reserve University and a business degree from Miami University, Trisha brings practical results-driven insights as well as leadership acumen. She regularly writes and speaks on a variety of topics, including authenticity in leadership, high impact teams, creating growth cultures, diversity and inclusion, and many more. Connect with Trisha on LinkedIn GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
75 minutes | 9 months ago
Looking Forward & Looking Back #100
“Simply Tax” turns 100 by looking back and looking forward with Sam Allred, Jeremy Clopton and Heath Alloway of Upstream Academy on how accounting firms are responding to the coronavirus pandemic and preparing for future success. Here’s what’s covered: Looking back to the beginning of 2020 [02:43] Top four goals of managing partners, even during crisis [05:03] Areas of focus amid a pandemic [12:01] Lessons firms have learned so far [17:49] The do’s and don’ts of leadership in the present crisis [22:25] Advice for working and training in a remote environment [33:11] “Leadership in a time of crisis is going to leave a more lasting memory than anything else a leader does” [39:41] “Nothing says I care more than being proactive” [42:19] Preparing for future success [45:34] Innovation as a way to improve [54:34] The danger of reverting to normal [59:56] Forward-looking book recommendations from Jeremy and Heath [01:04:38] Closing thoughts [01:09:01] Learn more about our guests and get additional resources here. GET MORE “SIMPLY TAX” We’re excited to also provide video content to strengthen your tax mind! Check it out on our YouTube channel. A complete archive of our episodes is available on our website and YouTube playlist. We’d love to hear from you! Email feedback and questions to SimplyTax@bkd.com. Connect with Damien on social media! LinkedIn | Twitter | Instagram | YouTube
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