Creating a Sustainable Practice with John Pace

Randy welcomes John Pace, the 2022 Digital CPA Innovation Practitioner of the Year, to The Unique CPA for episode 125. John transformed his outsourced accounting department, which is focused on nonprofits and government contractors, after becoming its director about a year into his time at GRF CPA in Bethesda, Maryland. He shares his insights into building a strong culture centered on employee wellbeing and work-life balance over billable hours. John’s perspectives on leadership, innovation, and running a sustainable practice through empowerment are key listening for anyone in or looking to grow into a leadership position.

Important Links

GRF CPAs and Advisors

John Pace on LinkedIn

About the Guest

Portrait of John PaceJohn Pace has worked in accounting and finance since 1998, with a primary focus in outsourced accounting, assurance, consulting, and business valuation services to clients in the nonprofit, government contractor, and professional services industries. He specializes in supporting government funded clients and provides guidance on compliance issues, development of accounting policies and procedures, preparation and review of indirect rate calculations and structure, preparation and review of incurred cost submissions, assistance with negotiated indirect cost rate agreements (NICRA), incurred cost audit support, and accounting system audit support.

As a partner and director of GRF’s Outsourced Accounting & Advisory Services group, John is responsible for overseeing the full range of outsourced accounting services, supervising review and compilation engagements, and providing consulting for the firm’s nonprofit and for-profit government contractor clients.

Meet the Host

Randy Crabtree, CPA

Randy Crabtree

Randy Crabtree, co-founder and partner of Tri-Merit Specialty Tax Professionals, is a widely followed author, lecturer and podcast host for the accounting profession.

Since 2019, he has hosted the “The Unique CPA,” podcast, which ranks among the world’s 5% most popular programs (Source: Listen Score). You can find articles from Randy in Accounting Today’s Voices column, the AICPA Tax Adviser (Tax-saving opportunities for the housing and construction industries) and he is a regular presenter at conferences and virtual training events hosted by CPAmerica, Prime Global, Leading Edge Alliance (LEA), Allinial Global and several state CPA societies. Crabtree also provides continuing professional education to top 100 CPA firms across the country.

Schaumburg, Illinois-based Tri-Merit is a niche professional services firm that specializes in helping CPAs and their clients benefit from R&D tax credits, cost segregation, the energy efficient commercial buildings deduction (179D), the energy efficient home credit (45L) and the employee retention credit (ERC).

Prior to joining Tri-Merit, Crabtree was managing partner of a CPA firm in the greater Chicago area. He has more than 30 years of public accounting and tax consulting experience in a wide variety of industries, and has worked closely with top executives to help them optimize their tax planning strategies.