What if April 15 was just another day at your CPA firm?

After years of overwhelming tax seasons, too many clients, and inefficient processes, Brenda Cannon decided something had to change. At one point, 105 clients submitted their tax documents on the same day, leaving her firm buried in work and Brenda questioning how much longer she could keep doing things the same way.

Brenda joins Yuri Kapilovich on The Fun CPA Podcast to share how she completely changed the way her firm operated. From letting go of roughly 500 clients and raising fees to implementing a tax preparation scheduling system, she found a way to make tax season manageable without sacrificing her weekends.

They also get into choosing the right practice management software, setting boundaries with clients, and the lessons Brenda learned when she eventually sold her firm after 15 years of ownership.

For firm owners who feel like they're constantly playing catch-up, Brenda's experience offers a different way to think about running a CPA practice.

Episode Highlights:

0:00 - Intro

1:08 - Meet Brenda Cannon

2:21 - The breaking point that changed everything

5:32 - Lessons from building a firm to 1,500 clients

8:26 - Raising fees and letting go of 500 clients

11:51 - How to identify clients who aren't a good fit

17:24 - How scheduling tax prep transformed tax season

19:33 - Choosing the right practice management software

23:35 - Getting clients to submit documents on time

27:45 - Making tax preparation scheduling work

34:40 - Scheduling business and individual returns

37:35 - Lessons from selling a CPA firm

42:26 - What makes a firm more valuable to buyers

45:05 - Life after selling the firm

51:35 - Episode wrap-up

ABOUT HOST YURI KAPILOVICH

Yuri, aka #thefuncpa, has been in the accounting profession for over 15 years and has seen, first hand, the challenges the profession brings. After seeing that no firm was fitting the bill, Yuri set out to do things his own way with his firm K&A and the journey began with LinkedIn posting at the front end.

Yuri is proud to bring you #thefuncpa podcast highlighting the fun and all the amazing opportunities our profession can bring us all.

CONNECT WITH YURI KAPILOVICH

LinkedIn: https://www.linkedin.com/in/ykapilovich/

Website: https://thefuncpa.beehiiv.com/

CONNECT WITH BRENDA CANNON

LinkedIn: https://www.linkedin.com/in/brenda-cannon-cpa-223a10273/

Website: https://bcannoncpa.com/