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Gabby Luoma on the Covid Crisis

Gabby Luoma on the Covid Crisis

FromCPA Trendlines Podcasts


Gabby Luoma on the Covid Crisis

FromCPA Trendlines Podcasts

ratings:
Length:
21 minutes
Released:
Jul 19, 2020
Format:
Podcast episode

Description

Tax season turns into 'advisory season,' and a whole new niche is born. By CPA Trendlines ResearchGabrielle Luoma, long one of the profession's leading innovators, says the future under COVID-19 belongs to the quick and the smart, in this exclusive video interview with CPA Trendlines.Firms will need to deploy new services to attract new clients who may have not realized that they needed a firm like yours but now do.In this conversation, Luoma talks about what's going on in the business, what's going on with tax season, and what the future holds for CPA firms and the clients of CPA firms.Speaking from her base in Tucson, Ariz., the CEO of MOD Ventures is bringing some of her DNA to regional powerhouse Beach Fleischman through a joint venture. We start by asking abut "when it got real?"She responds, "We truly are affected by the whole world. We have clients in New York.  Things changed for them rather quickly. And when they started changing, we started realizing, 'Oh, my goodness, we're going to have to really buckle down.' In Arizona, we started seeing shutdowns mid-March. That's when things really got real for us because then we started seeing that the businesses that we work with on a regular basis – we're outsourced accounting, so we work with clients weekly, – we knew that we could be in trouble. We started working really hard on transitioning, and seeing what we needed to do to help our clients quickly."
Released:
Jul 19, 2020
Format:
Podcast episode

Titles in the series (100)

Exclusive information. Extraordinary insight.See all podcast episodes here: https://cpatrendlines.com/category/podcast/ CPA Trendlines is the world’s only research and advisory service focused solely on the tax, accounting, and finance professions. We use a time-tested, quality-proven, proprietary blend of data, analysis, community, experience, and imagination to produce extraordinary value for our clients. Elite decision-makers from all over the world look to CPA Trendlines for trusted advice, bold insights, and confidential access to exclusive intelligence and decision support. You’ll stay more focused, save time, grow revenue in a fast-changing global digital environment, and sleep better at night. Guaranteed. Facts. Figures. Insights. Implications. Here you'll find the data and analysis you can use for your practice and your career, plus exclusive research, insights, and commentary on the most pressing issues and fastest-changing trends. We are dedicated to delivering the actionable intelligence that tax, accounting, and finance professionals need in order to identify and act on emerging issues and opportunities. We specialize in high-quality, concise executive briefings designed to help busy professionals improve their organizations, advance their careers, and enhance their lives. Our reports are relevant, timely, and to-the-point, providing the most essential information, and are digestible often in under an hour.