Join me in a conversation about the world of specialization with Catherine Tindall, founder of Dominion Enterprise Services. Catherine’s area of expertise lies within her ability to craft precise credit and income tax planning strategies, particularly focused on the Employee Retention Credit (ERC). In this episode, Catherine shares her rationale for choosing to specialize in ERC, including where her practice will head in a post-ERC world. Together, we dive deep into the complex history of ERC, the future for professionals assisting in ERC, and the importance of understanding eligibility determinations for practitioners venturing into this specialty.
This podcast touched on:
- Deciding why, how, and what to specialize in within your firm
- Deep dive into ERC’s complex history
- Future insights for Accounting professionals
Following the 80/20 principle, Catherine reveals how focusing on a niche not only adds value to clients but also propels business growth. Join us for a conversation that explores the nuances of specialization, the challenges in the accounting industry, and the endless growth opportunities.
If this conversation inspires you to start improving your practice, check out Accounting Practice Academy. We have a workshop that focuses on improving your cashflow to above 50% and reducing your owner hours to under 2,000 annually.
You can listen to the podcast on the player below or watch the latest episode here!
Time stamps:
00:49 – Introduction of Catherine
11:18 – History and future of ERC
24:45 – Tips for professionals before getting into ERC
33:25 – The value of offering a niche in your firm
38:51 – Current challenges and opportunities within the Accounting profession
Looking to learn more about the Pitfalls of the Employee Retention Credit? Dominion Enterprise Services has partnered with Earmark to offer a 2 hour CPE course designed to guide listeners around the common mistakes of this program: Earmark CPE – ERC Essentials for CFOs and Controllers. You can also connect with Catherine on LinkedIn, or head over to DES to enlist a professional in the ERC field now!
