Episode Details

"The tax industry is a gift for people who want to learn and grow and be challenged. There's never going to come a day where you close volume two of the code and say, 'I figured it all out, I know what it all means now.'" Tony Nitti, Partner — EY National Tax

In this final episode of 2024, Tony Nitti shares his journey within the tax industry, emphasizing the importance of finding one's passion, investing in oneself and overcoming personal challenges. Listen as Tony shares his personal experience and practical advice for career growth and fulfillment in the tax profession.

What you'll learn from this episode:

· Finding Your Passion: The importance of identifying and nurturing your specific passion within the tax industry, whether it's the law itself, client relationships, or running a firm.

· Invest in Yourself: The value of investing in your knowledge and skills by learning, writing, and teaching the tax law.

· Overcome Challenges: Strategies for attracting and retaining talent in the tax industry by providing intellectual challenges and growth opportunities.

· Try hard things: The benefits of overcoming fears of public speaking and using writing as a tool to communicate complex concepts and share your passion.

Resources

S Corporation Shareholder Compensation: How much is Enough?, The Tax Adviser, August 2011

Note: This was the article referenced in the podcast written by Tony. In August 2012, it was the winner of The Tax Adviser's 2011 Best Article Award.

Transcript

April Walker: Hello everyone, and welcome to the Tax Section Odyssey podcast where we offer thought leadership on all things tax facing the profession. Today, I'm excited to be here with Tony Nitti. Tony is a partner at EY National Tax and he's a frequent guest on