2022 Tax Season Review: Turning Challenges Into Opportunities
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Tax season comes along faster every year, with it a new set of challenges. Whether it’s the rise in client demands or the pressures of a constant stream of tax law changes and legislative updates, tax season can be difficult for many. During these difficult times, keep in mind that with challenges also come significant growth opportunities. So, what can you do now to be more prepared, efficient, and profitable in 2023?

Join our engaging roundtable for a retrospective look at the 2022 tax season. Our expert panel will share actionable insights and key takeaways on how your firm can turn challenges and learnings into growth-oriented action.

Tim Downing
Tim is the owner of Downing & Company, LLC, a local firm located in Portland, Oregon.

Tim started his career working as a cost accountant for a manufacturing company, before transitioning to public accounting.

Having been a CPA for over 20 years, Tim now works primarily in the tax arena, advising his clients on various tax and estate planning topics.

With a preparation team located local, remote, and offshore, Tim continues to refine workflow procedures to provide for an efficient workflow process while maintaining the integrity and security of client information.

Outside of the office, Tim spends time with wife and children, and is also a lieutenant in his local fire department, Oregon Intermediate EMT, and certified rope rescue technician.  Tim is a 6 time participant in the Leukemia and Lymphoma Society’s Scott Firefighter Stairclimb.

Brent Forbush
Brent Forbush, a Partner at Forbush and Associates, carries licenses in Nevada and Texas.  Brent is a BYU graduate with a Master’s Degree in Accounting and a minor in Information Systems.  Brent began working for PwC in Austin, TX in audit. In 2008, Brent returned home to Reno NV working at his father’s firm. Brent’s responsibilities include all accounting technology, firm operations and development and deployment cloud accounting strategies to make decision ready information available to business owners. Brent is a graduate of the 2010 Northern Nevada Chamber of Commerce’s ON Pace Leadership program, the 2016 AICPA Leadership Academy, presenter at the Alliance of Nevada Nonprofits conference, presenter at the National AICPA ENGAGE conference, President of  BYU Alumni Reno Tahoe Chapter, Boy Scouts Nevada Area Council Audit Committee Chair, and advisory board member to multiple not-for-profit organizations.

Chris Peden 
Chris Peden began his career in the tax and accounting field in 1988 and since then has provided a variety of consulting services to a very diverse group of companies and economic sectors. Chris Peden’s professional background includes executive roles as President of Revolution Drill Bits, President & COO of BouMatic, CFO for CapRock Oil Tools, Executive Vice President at Linus Products, Inc., Vice President-the Americas at Tri-Star Industries, PTE Ltd and Managing Partner of Peden & Associates.  In these hands-on leadership roles, Chris designed and implemented a materials requirement planning (MRP) system; developed a return on investment (ROI) calculator; analyzed and improved performance processes; and brought about increased financial returns for investors. Chris launched Peden & Associates in 1996.  As the managing partner for this Friendswood, Texas-based CPA consulting firm, Chris’s responsibilities included traditional CPA services as well as start-up and turn around consulting services.  At Peden & Associates, he facilitated the purchase and sale of several companies including but not limited to Martec Crane Services, Inc. and Online Insurance Services, Inc.   In both these cases, Chris was instrumental in the transformation and marketing of the businesses for the new owners. In May 2005, Chris was elected to a three-year term as council member of Friendswood, Texas, and became Mayor Pro-Tem in June 2006. Chris has served on the boards of a number of for-profit, not-for-profit, and government organizations, including the Waypoint 2 Space aerospace training company, Gulf Coast Authority and Gulf Coast Industrial Development Authority.  In 2000 he was elected President of the Board of Directors of Hope Foundation, a not-for-profit organization dedicated to the mission of Hope Village; and he served on the board until 2011. Chris has a BBA in Accounting from Stephen F. Austin State University.

Carrie Bellinger
Carrie has been with Thomson Reuters for over five years and is passionate about her career as a Solution Consultant.  She enjoys being able to provide firms with product knowledge, solutions, and expertise in order to contribute to their success and growth. She enjoys continually learning and researching industry trends and challenges in order to stay on top of real-life experiences for our firms.

Outside of Carrie’s career, she enjoys spending time with her kids, friends, and working on renovations to her turn of the century home.  She also enjoys any outdoor activity including hiking and camping.  

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