The AICTP business model was founded on an innovative vision to raise the stature of the accounting profession, re-energize its appeal for the younger generation, and deliver an enhanced value proposition above and beyond services traditionally performed by tax professionals. No longer are accountant services only reactionary reporting. Molina is helping to reinvent the profession into a fount of strategic knowledge to offer guidance and a path towards tax savings and wealth building for our clients.
The AICTP business model was founded on an innovative vision to raise the stature of the accounting profession, re-energize its appeal for the younger generation, and deliver an enhanced value proposition above and beyond services traditionally performed by tax professionals. No longer are accountant services only reactionary reporting. Molina is helping to reinvent the profession into a fount of strategic knowledge to offer guidance and a path towards tax savings and wealth building for our clients.
An outspoken advocate for reform in the century-old business model of hourly billing – controversial because 86% of firms still use it – Dominique was an early adopter and advocated for the value pricing model. Her thought leadership has led to growing interest among CPAs in value pricing, which provides greater cost predictability for clients and directs focus to the value in the service profession. Her next forward-thinking leadership may be to warn the industry of the potential pitfalls of DIY planning software. Nothing can truly replace the knowledge that time, education, and experience affords expert tax planners.
In addition to her regular teaching and advocate work at the Institute, Molina is a frequent guest speaker and educator that constantly works to publicize and elevate the value and appeal of the profession. She provides CE credits on topics such as Advanced Tax Planning for Small Business Owners, Getting Paid What You're Worth, Federal Tax Reform, Federal Tax Updates, and Advanced Tax Planning Techniques.
In 2020 Dominique Molina expanded her tax planning educational outreach by launching the online publication Think Outside The Tax Box (TOTTB.tax). This bi-weekly publication offers tax reduction strategies for accountants, tax preparers, and small business owners. These strategies are exhaustively researched and explained in detail, and written by well-known tax experts like Tom Gorczynski, Amber Gray-Fenner, Phyllis Jo Kubey, Matt Metras, Annette Nellen, and Peter Reilly. TOTTB also hosts quarterly webinars on timely tax topics, offering in-depth discussions of often complicated new tax laws or strategies.
And in 2022, Ms. Molina acquired MidasIQ (midasiq.com), a leading tax educational company directly educating the public and taxpayers on how they can help to reduce their taxes. Educating the public on how to pay less in tax and save their hard-earned money has always been a deep conviction for Molina, and she relishes the chance to shine a light on the immense value of getting expert tax guidance from their local accountant or Certified Tax Planner.
Dominique Molina has always been a champion for modernizing and elevating the Accounting industry, extolling the value of the knowledge and experience CPAs offer as they guide their clients to better business outcomes.