There's a real entrepreneurial spirit at Armanino that has given me an opportunity to get involved in different industries and services. I get to work with great people, I've had influential mentors, and we are trusted business advisors to our clients.
I expect to see a shift in the market as we incorporate artificial intelligence and robotics to handle repetitive tasks. I don't think it's about replacing people, but rather freeing them up to do higher-level thinking.
Tax regulations related to the exercise of illiquid stock options are very complex. There's the 83(i) provision in the tax code that tries to ease the tax burden on employees who receive equity in private companies, but there are a lot of hoops to jump through. I’d like to see changes that allow you to exercise stock options and have them taxed completely at sale instead of at exercise. By doing this, you’d eliminate the difference between ISOs and NSOs, which would simplify things.
I spend a lot of time thinking about how we can anticipate the challenges that are going to affect our clients. Is something coming down the pipeline from an industry perspective that is going to be an issue? As their business grows and changes, are we giving them the right support to facilitate their success? I want to make sure we can provide solutions for our clients that add value and open up opportunities for their growth.
I am high-energy and intellectually curious. When issues arise or employees ask questions, I try to ask more questions. I like to empower our team to exercise an analytical approach to identify solutions to problems, because it allows for growth. I love to learn and I want to impart that to our team. I have learned a lot in my career, and what I've learned has benefitted our clients and our people. I strive to be a life-long learner.
My parents have been extremely influential to me. They own a small business, and set a great example by always working hard. Growing up in that environment really sparked my interest in the business world and started me down my career path. My wife sets an amazing example of being a selfless person and viewing the world from the perspective of others.
