Reimagining the pathways to CPA: Inside Ohio’s accounting education shift
Crossing borders: What foreign investors need to know about U.S. tax
Accounting by day, reality TV by night: Ohio CPAs on Netflix’s Love Is Blind
22 Reimagining the pathways to CPA: Inside Ohio’s accounting education shift
Ohio’s colleges and universities are redesigning accounting education to offer more flexible, workforce-ready pathways into the CPA profession amid rising enrollment and evolving licensure requirements.
EDITOR
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GRAPHIC DESIGN
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Kyle Anderson – kanderson@ohiocpa.com
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Explore how OSCPA and Ohio CPA/PAC championed advocacy, talent growth, and a pro-business climate in 2025.
Discover how aligning dedicated roles in process improvement, project management, and change leadership, backed by a cross-functional TOPS team, turns fragmented transformation efforts into lasting, firm-wide momentum.
Key U.S. and Ohio tax rules
navigate when entering the U.S. market, from capitalization and transfer pricing to withholding, state taxes, IP, mobility, and compliance.
28 Accounting by day, reality TV by night: Ohio CPAs on Netflix's Love Is Blind
How two Ohio CPAs brought authenticity, emotional intelligence, and a fresh perspective to the profession by stepping outside their comfort zones to participate in Netflix’s Love Is Blind.
CPA Voice is the official magazine of The Ohio Society of Certified Public Accountants. CPA Voice’s purpose is to serve as the primary news and information vehicle for more than 19,000 Ohio CPA members and related professionals. Articles are reviewed for technical accuracy. However, the materials and information contained within CPA Voice are offered as information only and not as practice, financial, accounting, legal or other professional advice. While we strive to present accurate and reliable information, The Ohio Society of CPAs makes no warranties regarding the accuracy of the information provided herein. Readers are strongly encouraged to conduct appropriate research to determine the accuracy of the information provided and to consult with an appropriate, competent professional adviser before acting on the information contained in this publication. The statements of fact, thoughts, advice and opinions expressed in CPA Voice are those of the authors alone and do not represent or imply the positions, opinions, nor endorsement of The Ohio Society of CPAs or of its publisher, editors, Board of Directors, or members. It is our policy not to knowingly accept advertising that discriminates on the basis of race, religion, gender, age or origin. The Ohio Society of CPAs reserves the right to reject paid advertising in its sole discretion. We do not necessarily endorse the resources, services or products unrelated to The Ohio Society of CPAs that may appear or be referenced within CPA Voice, and make no representation or warranties about those products or services or the accuracy and claims regarding those products and services. Advertisers and their agencies assume liability for all advertisement content and responsibility for all claims resulting from such advertisements made against The Ohio Society of CPAs.
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A WORD from our CEO
A Year of Momentum, Progress and Purpose
As I reflect on my first year serving as CEO of our association, I am filled with gratitude for our members, our volunteer leaders, and our dedicated staff, with pride in what we have accomplished together. This past year has been one of momentum, marked by meaningful progress for the CPA profession in Ohio and beyond.
One of the most significant milestones was Ohio becoming the first state in the nation to pass CPA pathways legislation. This achievement represents far more than a policy change; it is a statement about the future of our profession. By modernizing pathways to licensure while maintaining the rigor and integrity that define the CPA credential, Ohio has continued its positioning as a national leader. This success was the result of thoughtful collaboration, member engagement, and a shared commitment to addressing the talent pipeline in a responsible, forward-looking way.
Advocacy wins extended well beyond licensure. At the state level, several important tax-related provisions were included in Ohio’s biennial budget that directly support taxpayers, businesses, and the professionals who serve them. These outcomes reflect consistent relationship-building with policymakers and a clear, trusted voice for the profession at the Statehouse. When CPAs speak with expertise and unity, decision-makers listen.
On the federal front, we also saw meaningful progress. In May, Ohio CPAs traveled to Washington, D.C. to meet directly with members of Congress and their staff, bringing real-world insight and professional expertise to key policy discussions. These Hill visits reinforced the value CPAs bring as trusted advisors and helped advance provisions within H.R. 1 that reflect long-standing priorities of the profession. While federal policy can sometimes feel distant, these advocacy efforts underscored the tangible impact CPAs can have when we engage, educate, and lead at the national level.
Strengthening the pipeline and investing in workforce development continued to be central priorities this year. We advanced initiatives designed to attract new talent to the profession, support students and early-career professionals, and equip firms with tools to develop and retain their teams.
From promoting accounting careers earlier and more broadly, to partnering with educators and employers on practical solutions, we focused on meeting people where they are and preparing them for long, successful careers as CPAs. Combined with our advocacy, these efforts advance a shared vision for a profession that is vibrant, welcoming, and prepared for the future.
This year was also about strengthening connections— with members, firms, students, educators, and partners. We expanded professional development opportunities, continued to invest in emerging leaders, and leaned into conversations about the future of the profession, from workforce challenges to technology and trust. Throughout it all, our focus remained on delivering value and ensuring that this association remains relevant, responsive, and respected.
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None of this happens without you. Your involvement, insights, and leadership make our successes possible. As we look ahead, I am energized by what lies before us. With a strong foundation, a clear mission, and an engaged membership, we are well-positioned to continue shaping what comes next for the profession, together.
Thank you for your trust and for allowing me the privilege of serving as your CEO. I look forward to what we will accomplish together in the year ahead.
Laura Hay,
CPA, CAE
President & CEO
The Ohio Society of CPAs
JANUARY | FEBRUARY 2026
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A Year in Review
Dear Colleagues:
Protecting the CPA license, strengthening workforce development, and advancing sound, pro-growth tax policy – continued to be driving forces behind the work of The Ohio Society of CPAs (OSCPA) and Ohio CPA/PAC in 2025. Proactive advocacy is no longer optional; it is essential. The legislative and regulatory landscape facing CPAs continued to evolve this year, and the profession’s long-term strength depends on being engaged early, informed often, and prepared to act.
Ohio has taken a national leadership role in shaping the future of the profession by acting, not reacting. We were the rst state in the country to pass the Pathways legislation in January 2025, helping lead a national movement to thoughtfully expand access to the CPA credential while preserving professional rigor, mobility and public trust. By advancing these reforms proactively, OSCPA ensured that change was driven by the profession, rather than imposed upon it.
Workforce issues are only one part of the shifting landscape. The accounting profession also faces persistent policy threats that, if left unchecked, could undermine professional standing and economic viability. Proposals to reclassify accounting as a non-professional eld, efforts to expand sales tax to professional services, and attempts to weaken tax policies providing equitable treatment across business types remain very real risks. Ohio CPA/PAC exists to address these challenges before they become law — protecting the value of the CPA credential and the work CPAs do every day.
This proactive approach delivered results again in 2025. Through sustained engagement with lawmakers, OSCPA secured important wins in the state’s biennial budget that protect CPAs and their clients. These outcomes did not happen by chance — they were the result of consistent relationship-building, early advocacy and a strong, credible presence at the Ohio Statehouse.
Ohio CPA/PAC is the profession’s insurance policy, ensuring that we are prepared to act when threats arise. Your contribution ensures we can support legislators and statewide leaders who understand what’s at stake and are willing to stand up for the CPA profession and the Ohioans we represent. The PAC allows OSCPA to anticipate challenges, respond decisively and protect against threats to your license, your livelihood and your profession. Your support fuels this work and strengthens the profession’s voice when it matters most.
Thank you for your continued engagement, leadership and belief in the power of strong advocacy. Together, we are shaping a stronger future for Ohio’s accounting profession.
Laura Hay, CPA, CAE President & CEO
The Ohio Society of CPAs
Ranjan Manoranjan, CPA Board of Trustees, Chair Ohio CPA/PAC
Opening doors to the Profession
The ability to hire and retain skilled accounting talent is one of the top challenges facing the CPA profession. Ohio is a microcosm of this growing dilemma. An analysis of Accountancy Board of Ohio data on CPAs registered in the state found that nearly 45% of registered license holders in Ohio are aged 60 or older, and more than 65% are over the age of 50.
Of the more than 36,000 CPAs registered in Ohio, only 18,487 are active license holders and 48% of them are over the age of 50.
CPAs Registered in Ohio
Ohio CPA License Holders
CPAs by Age
Source: Accountancy Board of Ohio data current as of 4/30/2025
Active Status Ohio License Holders
Active Status by Age
CPA Pathways to Licensure:
• Throughout 2024, OSCPA led advocacy efforts to modernize Ohio’s CPA licensure farmwork through the Ohio CPA Pathways to Licensure legislation, a comprehensive reform designed to strengthen and grow the CPA pipeline by removing longstanding barriers to entry.
• These efforts culminated in the passage of H.B. 238 (135th GA), which was signed into law by Gov. Mike DeWine on Jan. 8, 2025.
• The legislation establishes automatic mobility for licensed CPAs from other jurisdictions, effective April 9, 2025, allowing quali ed professionals to practice in Ohio without unnecessary regulatory hurdles.
18,487
Number of Ohio CPAs with Active Licenses
Source: Accountancy Board of Ohio data current as of 4/30/2025.
• The law creates two distinct pathways to CPA licensure in Ohio; both took effect Jan. 1, 2026.
• Bachelor’s degree (accounting concentration) + 2 years of experience + passage of CPA Exam
• Master’s degree (accounting concentration) + 1 year of experience + passage of CPA Exam
• Together, these reforms represent a signi cant step forward in improving the CPA pipeline. By removing barriers, increasing mobility and expanding access to licensure, the Ohio CPA Pathways to Licensure legislation positions Ohio as a national leader in workforce modernization and helps ensure the profession remains strong, accessible, and sustainable for future generations.
Advocating for a predictable Ohio tax climate
A fair and stable tax climate in Ohio creates an environment that is conducive to sustainable economic growth, job creation and enhanced quality of life for our residents. In 2025, OSCPA’s government relations team chalked up numerous solid victories on behalf of Ohio’s citizens and businesses:
• Lowered the nonbusiness income tax rate from 3.5% to 2.75% for tax year 2026 without affecting the BID, making Ohio the 15th state to adopt a at income tax, and a major victory also making Ohio’s rate the nation’s 2nd lowest. This also eliminates the marriage tax penalty for most taxpayers.
• Lobbied to allow taxpayers who received a valid extension to le a municipal income tax refund claim within 3 years of the overpayment or the extended return due date, whichever is later, giving extended ling relief beyond the original return due date.
• Aligned Ohio municipal 990-T ling deadlines for nonpro ts with the federal return due date, moving the April 15 deadline to May 15 for calendar-year taxpayers, while leaving the November extended date unchanged, effective for returns led on or after Jan. 1, 2026.
• Advocated for allowing upper-tier pass-through entities to claim a credit for state tax paid by lower-tier PTEs, xing duplicative taxation and cash- ow issues under the IT 4738 election, effective for taxable years ending on or after Jan. 1, 2025.
• Pressed for creating uniformity in quarterly estimated payment due dates across individual, school district, duciary, and pass-through entity taxes by moving the Q2 and Q3 payments for electing and withholding passthrough entities up one month, from July 15 to June 15 and October 15 to September 15, effective for taxable years beginning on or after Jan. 1, 2026.
• Obtained clari cation for public accounting rms, including those with ESOP or APS structures, to ensure that more than 50% of equity and ESOP trustees are held by Ohio-permitted or foreign-certi ed CPAs, closing a loophole that previously allowed non-CPA ownership.
The Pillars of E ective Issue Advocacy
EFFECTIVE ISSUE ADVOCACY
Professional lobbyists
(funded by your OSCPA membership investment)
Ohio CPA/PAC contributions
Your informed voice on issues at stake
Your membership investment enables us to retain professional lobbyists who are highly skilled at assisting OSCPA in successfully navigating the legislative process. Your contributions to Ohio CPA/PAC help fund the important work OSCPA does to protect your credential, advance the profession, and advocate for a competitive business climate in Ohio. And the educated guidance you provide on the issues that matter allows OSCPA to push for the best outcome. All three elements are needed to achieve the right impact with those who can make a difference for us.
Lifecycle of a
Contribution
Members voluntarily invest in Ohio CPA/PAC
Ohio CPA/PAC Board strategically allocates funds to legislator campaigns
Ohio CPA/PAC builds allies at the Statehouse who support OSCPA’s interests
Ohio CPA/PAC strengthens your voice and influence
OSCPA’s government relations team keeps its nger on the pulse of what’s happening on the legislative and regulatory front to protect and advocate for your interests, and advise you on issues impacting your license, your business or those you serve. There are several signi cant initiatives we’re driving and others that we’re monitoring during the remainder of the 136th General Assembly (2025–2026) legislative session:
• Continuing to champion accounting pipeline legislative and regulatory initiatives to attract and retain Ohio CPAs.
• Promoting a healthy tort reform climate in Ohio by retaining a common-sense civil justice system, seeking improvements and deterring harmful changes such as proposals in H.B. 447 and S.B. 292 to increase the dollar caps on non-economic damages.
• Advocating for a more competitive Ohio tax structure, protecting the Business Income Deduction (BID) as Ohio moves to a 2.75% at tax on nonbusiness income, defending our CAT policy positions ($3M/$6M exemptions), and preventing sales tax expansion to professional services.
Advancing the State of Business
• Pursuing municipal income tax reforms to ease the withholding burden on employers while ensuring taxpayers can secure refunds, stopping double taxation by allowing reciprocity credits such as H.B. 503, and continuing to simplify lings for the net pro ts tax.
• Seeking passage of S.B. 9 to incorporate into Ohio law the Internal Revenue Code changes made since March 7, 2025, when H.B. 14 brought Ohio into conformity with federal law and its applicability to Ohio’s income taxes.
• Driving Ohio’s workforce development efforts by ensuring that tomorrow’s employees are prepared for the demands that lie ahead. Potential areas are increasing the supply and affordability of Ohio’s childcare and housing and balancing the bene ts of arti cial intelligence with the need to mitigate its risks and ensure it is used responsibly.
OSCPA and Ohio CPA/PAC work in tandem to drive a better legal, legislative and regulatory climate for CPAs and businesses in our state. Every dollar of your contribution helps us support the election of lawmakers and regulators who understand the value CPAs contribute to the public and the economy.
$79,000
$91,000 37 $31,250
Your 2026 Ohio CPA/PAC
Board of Trustees
Ranjan Manoranjan, CPA Chair
Jeff Brooks, CPA Vice Chair
Brian Mosier, CPA Treasurer
Laura Hay, CPA, CAE President and CEO
Gregory Saul, Esq., CAE VP of Government Relations
Molly Vincent Manager of Advocacy Initiatives
Owen Wyss, CPA Deputy Treasurer
Ann Gabriel, CPA, PhD Trustee
Jacob Nix, CPA, CISM, CISA Trustee
Matt Yuskewich, CPA Trustee
Rob Roll, CPA Trustee
Thank you to our contributors – 2025
Ohio CPA/PAC is key to The Ohio Society’s successful track record in driving meaningful legislative and regulatory change. Your contributions are essential in helping lawmakers see what you already know—that our profession is changing business, for good. OSCPA educates and builds relationships with legislators and regulators to ensure the CPA profession always has a voice in the legislative process.
$15,000 or above Deloitte KPMG PwC
$2,001–9,999
2025 Ohio CPA/PAC Firm Contributors*
$1,000–2,000
Robert F Fay CPA
Schneider Downs & Co., Inc. Sikich LLC
Contributions of $1,000 or more
Christopher Bellamy, Cleveland
Jeffrey Brooks, Akron
Robert Fay, Canton
Todd Fentress, Columbus
E. Ann Gabriel, Upper Arlington
Laura Hay, Columbus
Ranjan Manoranjan, Westerville
Charles Mullen, Akron
Jacob Nix, Cleveland
Owen Wyss, Columbus
Contributions of $500 – $999
Jason Bogniard, Akron
Jeremy Hauk, Billings
Adam Hill, Cleveland
Steven Julian, Westerville
Randall Misch, Beachwood
Jay Moeller, Dayton
Lyle Mohler, Columbus
Brian Mosier, Columbus
Hannah Prengler, Cleveland
Kerry Roe, Cincinnati
Constance Woods, Vandalia
Contributions of $300 – $499
Jillian Brown, Cincinnati
Brian Campbell, Columbus
Edward Chanda, Columbus
Michael Comer, Cincinnati
Leo DalleMolle, Cincinnati
Benjamin Danhauer, Cleveland
James DeSantis, Columbus
Will Dokko, Columbus
Brian Foster , Cincinnati
Emily Frolick, Cincinnati
Yusuke Imai, Columbus
Masahiro Inomata, Columbus
Dipan Karumsi, Columbus
Matthew Kramer, Columbus
Elizabeth L'Hommedieu, Washington DC
Anthony Lee, Columbus
John Lewis, Cincinnati
Ronald Marcin, Cleveland
Travis Mattson, Columbus
William Miller, Columbus
James Mylen, Cleveland
Kari Palmer Columbus, Diane Powers, Cincinnati
Jason Recard, Columbus
Robert Roll, Columbus
Gregory Saul, Columbus
Christopher Schneider, Columbus
Ashraf Shehata, Cincinnati
John Snoble, Columbus
Eric Sutphin, Columbus
Adam Wieder, Cleveland
Joseph Yusz, Cleveland
Ann Zavarella, Columbus
Kimberly Zavislak, Columbus
Contributions of $100 – $299
Myles Abbott, Cleveland
Janine Albert Evans, West
Liberty
Jenifer Anderson, Dublin
Larry Anderson, Columbus
George Andress, Mans eld
Takashi Anraku, Houston
Benjamin Antonelli, Dublin
Jason Ashenfelter, Cleveland
Christopher Axene, Dublin
Kristen Basa, Cincinnati
Paula Bedford, Detroit
Chris Beiswenger, Cleveland
Mark Bellantoni, Cleveland
George Bethea, Uniontown
Raymond Biddiscombe, Upper
Arlington
Karol Bortel, Bowling Green
Holly Bowman, Toledo
Barbara Bukovac, Cincinnati
Stephen Bybee, Cincinnati
Courtney Clark, Columbus
Kenneth Clifford, Medway
Kenneth Couls, Cleveland
Jennifer Couser, Cleveland
Jason Crouch, Cleveland
Janice Culver, Dayton
Richard Dailey, Dayton
Sarah Daubenspeck, Cleveland
Dustin Deck, Lakeside Park
Joshua DeMarco, Cincinnati
Christa DeWire, Columbus
G Dickey, Delaware
Vincent DiMascio, Cleveland
Nicholas Doland, Cincinnati
Michael Dunn, Cleveland
Brent Eastep, Columbus
Barry Edelstein, Avon Lake
Michael Faillo, Cincinnati
Christopher Farwell, Cincinnati
Gregg Feltrup, Cincinnati
Darlene Finzer, Millersburg
Robert Fisher, Akron
Paul Freeland, Cincinnati
Kirtlund Frye, Middleburg
Heights
Brett Gabbard, Cincinnati
Brandon Gabel, Toledo
Adam Garn, Columbus
James Gero, Independence
Timothy Gerspacher, Cleveland
Robert Godina, Willoughby
Robert Guido, Cincinnati
Peter Hackett, Spring eld
Lori Hallmark, Cincinnati
Phillip Hann, Canton
Bryan Heft, Columbus
Julia Henderson, Cleveland
Okeva Hervey, Columbus
Philip Hurak, Cincinnati
Katherine Hurley, Columbus
Lowell Huth, Chicago
John Jurcago, Strongsville
David Justice, Cincinnati
Susmitha Kakumani, Cleveland
Terrence Kane, Cleveland
Vaughn Kauffman, Cleveland
Craig Keller, Columbus
Brian Kelly, Cleveland
Sean Kelly, Cleveland
Brian Kennedy, Toledo
Stanley Kline, Aurora
David Klippert, Willoughby
Verne Klunzinger, Cleveland
Brock Knisely, Cincinnati
Jennifer Koder, Toledo
Karie Kuns-Nguyen, Cincinnati
Mark Lapikas, Akron
Mark LaPlace, Columbus
David Lauer, Dublin
John Lind, Columbus
David Linich, Cincinnati
James Manley, Cleveland
Nicholas Mazzone, Cleveland
Paul McEwan, New Philadelphia
Daniel McGill, Columbus
Scott McMillen, Cleveland
Melvin Miller, Olmsted Township
Cora Mooney, Cleveland
Gregory Muresan, Cleveland
Murali Nallapaty, Cincinnati
Jacqueline Neumann, Cincinnati
Michael Niland, Cincinnati
Michael Olecki, Cleveland
David Oriani, Cleveland
Jason Palus, Cleveland
John Parks, Dayton
Jane Pfeifer, Columbus
Cassandra Pierce, Marietta
Gary Pogharian, Columbus
David Powell, Cleveland
Michael Pratt, Cleveland
Kent Pummel, Spring eld
Virgil Puthoff, Beavercreek
Warren Raese, Medina
Andrew Reinsel, Cincinnati
Lane Robilotto, Cleveland
John Rosan, Columbus
Brandon Roytberg, Cleveland
Brian Rudzik, Cleveland
Matthew Rupas, Columbus
Paul Rupert, Willoughby
Dario Savron, Cleveland
Arthur Scherbel, Columbus
Charles Schillig, Wellington
Pamela Schlosser, Pittsburgh
Shawn Serba, Cincinnati
Daryl Sherred, Columbus
Lesa Shoemaker, Columbus
Charissa Simmons, Cincinnati
Akshay Singh, Cleveland
Donald Sinko, North Olmsted
Dennis Sklenicka, Dublin
Erin Sleeth, Cleveland
Gregory Speece, Dublin
Annette Spicker, Columbus
Gregg Stark, Cleveland
John Stieg, Columbus
Robert Stout, Cincinnati
William Strasser, Cincinnati
Ryan Swincicki, Columbus
James Swisher, Cincinnati
Kevin Thomas, Cleveland
Brian Todd, Cincinnati
Douglas Torline, Cincinnati
Jarrod Trigg, Cincinnati
John Valle, Akron
Tami Van Tassell, Columbus
Joseph Voyles, Cincinnati
Allen Waddle, Cleveland
Mark Walla, Toledo
Dale Welsh, Cincinnati
Richard Wildermuth, Cincinnati
James Will, Cleveland
Robert Wood, Cincinnati
Darin Yug, Cleveland
Thomas Zaino, Columbus
Adam Zelwin, Cleveland
David Zentkovich, Cleveland
Erica Zoellner, Cincinnati
Building transformational teams
By Amanda Wilkie, Boomer Consulting Inc.
Transformation isn’t a software project, a process map or something a single motivated leader can carry out on their own. Real transformation happens when the right people work together with clear roles, shared accountability and enough structure to turn good intentions into sustained change. That is where transformational teams come in.
Start with the Transformation Triangle
At the center of successful transformation is the Transformation Triangle: People, Process and Technology. These three elements are deeply interconnected. When they move together, firms gain momentum. When they are misaligned, even well-funded initiatives stall.
You’ve likely seen this play out. A firm invests in new technology without redesigning the underlying processes,
and adoption lags. Or they redesign processes without addressing the people side of change, and teams quietly revert to old habits. In some cases, firms focus heavily on people and culture but lack the operational discipline to execute consistently.
Transformation requires balance. Ignoring any side of the triangle creates friction that shows up as missed deadlines, frustrated staff or underwhelming ROI. The goal is intentional alignment across all three.
Transformational teams
Many firms still approach transformation as an add-on to someone’s day job. A manager owns a system rollout. A partner sponsors a process change. An IT leader handles configuration. Each role is essential, but none is sufficient on its own.
Transformational teams formalize the work of change. They recognize transformation is a discipline, not a side project. Firms that take this approach are more likely to sustain improvements over time because they share responsibility and roles are clear.
We’re seeing more firms dedicate people to this work, particularly in process improvement and project management. The change management role is newer, but it’s quickly becoming the difference between adoption and abandonment.
Three roles of transformational teams
To support the Transformation Triangle, firms need three distinct but tightly connected roles.
PROCESS IMPROVEMENT LEAD
This role focuses on how work gets done. They document current workflows, identify friction points and help redesign processes to be more efficient, scalable and consistent. They ask practical questions like, “Why do we do it this way?” and “What would break if we changed it?” Most importantly, they understand that good process design starts with listening to the people doing the work.
PROJECT MANAGEMENT LEAD
Transformation creates complexity. The project management lead brings structure and discipline to that complexity. They define scope, timelines, dependencies and ownership. They keep initiatives moving forward and prevent “important but not urgent” work from stalling. Without this role, transformation efforts tend to lose focus or stretch indefinitely.
CHANGE MANAGEMENT LEAD
This is the role many firms are just beginning to formalize. The change management lead focuses on the people side of transformation. They consider communication, readiness, training and reinforcement. They help teams understand what is changing, why it matters and how it affects their dayto-day work. When this role is missing, adoption becomes accidental instead of intentional.
The role of the TOPS team
These three roles do not operate in isolation. They are supported by a TOPS team: a Team-Oriented ProblemSolving group that provides sponsorship, leadership, facilitation and cross-functional expertise.
A strong TOPS team typically includes:
• A sponsor who provides air cover and strategic alignment
• A team leader who ensures accountability
• A facilitator or change practitioner who guides the work
• Cross-functional subject matter experts who represent how work actually happens across the firm
This cross-functional representation is critical.
Transformation doesn’t belong to IT, Operations or leadership alone. Admins, managers, partners and technologists all see different parts of the system. Bringing them together creates a change coalition that builds trust and accelerates adoption.
No one knows the work better than the people doing it. That should shape how you build your teams and how decisions get made.
The next step for firm leaders
Building transformational teams requires intentionality. It may mean redefining roles, reallocating capacity or investing in skills your firm has not historically prioritized. That can feel uncomfortable, especially in busy seasons.
But if transformation is truly a priority, it needs dedicated ownership. Firms that commit to these roles and structures are better positioned to adapt, scale and sustain change over time.
Amanda Wilkie is a consultant at Boomer Consulting, Inc. with more than 25 years of technology experience and a strong track record of helping accounting firms modernize systems, lead change and integrate tech with process and strategy. A dynamic speaker and lifelong learner, she facilitates the Boomer CIO, Operations, Technology, and Process Circles, and regularly speaks at top industry events like AICPA ENGAGE. Amanda is a certified Project Management Professional and an Associate Certified Coach who helps guide firms through implementing change with clarity, empathy and momentum
TAX
Crossing
borders: What foreign investors need to know about U.S. tax
By: Michael Bowman, Blakely Lengacher and Bill Tziouras
Entering the U.S. market can be a daunting task for foreign companies. One of the main challenges is navigating the complex U.S. tax system. U.S. tax law is a constantly changing mix of federal, state and local rules that often differ greatly from those in other countries.
However, with informed planning and a focused strategy, foreign investors can turn these challenges into a manageable part of their overall business plan.
This article provides a high-level overview of key U.S. and Ohio tax considerations to help Ohio CPAs advise inbound foreign investors with C Corporation subsidiaries.
Choosing how to capitalize your U.S. business: Debt vs. equity
When a foreign investor decides to incorporate a U.S. business, one of the first decisions is whether to fund that entity through debt, equity, or a combination of both. While debt financing may appear attractive due to the interest deduction, the U.S. tax regime includes several layers of restrictions and considerations:
• IRC §163(j) limitation: The Tax Cuts and Jobs Act (TCJA) made significant changes to how businesses can deduct interest expense. Now, all taxpayers are generally limited to deducting business interest up to the amount of business interest income plus 30% of adjusted taxable income or ATI.
Under the TCJA, ATI is equal to Earnings Before Interest and Taxes computed under tax law. Under the One Big Beautiful Bill (OBBBA), effective for tax years after December 31, 2024, ATI is equal to tax basis Earnings Before Interest, Tax, Depreciation and Amortization. This change will increase ATI because of the favorable treatment of depreciation and amortization and allow taxpayers to deduct more interest. This change is very generally beneficial to taxpayers in capital intensive industries. However, the OBBBA also excludes certain types of foreign income (Subpart F and GILTI) from the calculation of ATI, thus negating one of the benefits of the 163(j) Group Election, which could offset the benefit of adding back depreciation, amortization and depletion. As a result, multinational companies must carefully consider how they fund their U.S. operations when choosing between debt vs. equity.
• Related-party interest restrictions (IRC §267): Interest owed to a foreign related party may not be deductible until paid in cash.
• Withholding tax: Cross-border interest payments are subject to a 30% U.S. withholding tax, unless reduced by a bilateral tax treaty.
• Debt-equity classification rules (IRC §385): Certain transactions may be recast as equity, eliminating the deduction and changing withholding outcomes (e.g., recharacterizing a repayment as a dividend instead of a loan payment, resulting in a potential loss of interest deduction and the possibility of associated withholding tax on a dividend to the extent of Earnings &Profits)1
Because of these complex rules, the decision between debt and equity is often less straightforward than it may seem. However, there are also opportunities. For example, hybrid financing strategies, such as dividend-payable instruments that create deductible interest-like outcomes, can provide tax advantages when properly structured.
Transfer pricing
Transfer pricing refers to the rules and methodologies for setting prices in transactions between related companies within a multinational group. These prices must be set as if the companies were unrelated (i.e., at “arm’s-length” terms).
These transactions include, but are not limited to:
• Intercompany loans
• IP licensing
• Management fees
• Cost-sharing arrangements
• Sale of goods and services
The U.S. enforces strict rules about documentation and penalties for transfer pricing. Because of this, transfer pricing is one of the most scrutinized areas for foreignowned U.S. businesses and is often a focus of Internal Revenue Service (IRS) audits.
For a deeper discussion, see “Understanding Transfer Pricing and its Impact on Ohio Businesses” in the November/December 2024 version of CPA Voice.
Treaty benefits
Sending profits back to a foreign parent company (repatriating earnings) is a major concern for foreign investors in the U.S., as it can trigger multiple layers of tax. The U.S. has many tax treaties with other countries that can help reduce taxes; however, not all companies qualify for treaty benefits. The U.S. applies rigorous Limitation on Benefits (LOB) tests to prevent abuse. Investors should confirm eligibility early to avoid unexpected withholding taxes.
Baked within the concept of understanding when treaty benefits are available is the concept of permanent establishment (PE). Even with a U.S. legal entity subsidiary, PE risk can still be an important concern. There are steps that foreign investors can take to mitigate this risk, including transfer pricing policies and Global Employee Mobility practices, but understanding the foot faults is paramount. Withholding taxes and reporting obligations
Foreign investors quickly learn that U.S. withholding tax regimes are extensive. These regimes include:
• A 30% withholding tax on interest, dividends, royalties, and certain service payments made to foreign persons, regardless of profitability
• A 15% withholding tax on U.S. real property interests by foreign persons, imposed by the Foreign Investment in Real Property Tax Act (FIRPTA)
• A 10% withholding tax on gains from the dispositions of certain U.S. partnership interests
• Informational reporting obligations
Compliance is critical because penalties for incorrect or
missing filings (such as Form 1042, 1042-S, 8804, etc.) can be severe. Understanding and using Forms W8 (e.g., Form W8-BEN-E) is also vital to ensuring foreign investors are in full compliance.
Ohio local tax complexity
Each of the 50 U.S. states has its own tax system, often including taxes levied on corporate income, sales and gross receipts. Following the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc., businesses may be subject to state taxes even without a physical office or employees in the state. Foreign investors often underestimate how complex and impactful state tax exposure can be.
Ohio is a relatively favorable state for taxpayers as there is no corporate income tax in the state, however, it does have a 0.26% Commercial Activity Tax (CAT) on Ohio-sourced gross receipts greater than $6 million. Also, unlike many other states, Ohio municipalities can impose their own municipal income tax on corporations. These are important considerations for foreign investors looking to do business in the Buckeye State.
Intellectual property planning and the FDDEI deduction
For many foreign investors, intellectual property (IP) is one of the most valuable components of their global business. However, bringing IP into the U.S. or using it within a U.S. subsidiary can create several tax issues. For example, cross-border licensing income could be subject to the U.S. withholding tax or transferring IP to the U.S. could generate taxable gain under transfer pricing rules.
The Foreign Derived Deduction Eligible Income (FDDEI) deduction can help reduce some of those taxes. FDDEI provides a tax break for income from products, services or
IP licenses sold to foreign customers. This deduction, made permanent under the OBBA at 33.34%, lowers the tax rate to 14%. This encourages companies to keep IP and related activities in the U.S. Combining FDDEI with R&D credit planning can further U.S. taxes for inbound investors.
Research and development credits
The U.S. Research and Development (R&D) credit can offset a broad range of expenses tied to technological and scientific development such as:
• Wages of U.S.-based engineers, developers, and scientists
• Supplies used in experiments
• Certain contract research
• Applicable cloud computing costs
Doing R&D in the U.S. not only allows companies to claim the R&D credit and reduce the cost of research, but it also increases the value of their intangible assets. This, in turn, increases the amount of income eligible for the FDDEI deduction.
Ohio also has its own set of tax credits and incentives (including the R&D credit) that could be advantageous for an inbound investor as well.
Tariff considerations
The U.S. trade environment has changed rapidly in recent years, with shifting tariff policies and ongoing geopolitical considerations. Goods imported into the U.S. are subject to customs duties, special tariffs, and user fees. To reduce tariff costs, inbound investors may need to consider restructuring supply chains, relocating assembly locations or adjusting sourcing strategies to decrease tariff exposure. Proactive
planning around customs duties, country-of-origin rules, and duty mitigation programs is essential when entering and/or scaling the U.S. market.
Global employee mobility
Moving employees across borders – whether sending executives to oversee U.S. operations, transferring technical specialists, or hiring remote workers across multiple jurisdictions – can create major U.S. tax, payroll, immigration, and corporate nexus issues. State and local individual tax for foreign nationals in the U.S. is important to consider as well. For Ohio specifically, if an employee is considered a resident, they are taxed on their worldwide income. Foreign nationals working in Ohio may have to file both state and city income tax returns and navigate complex tax withholdings if they travel in and out of the state. Proper planning is essential to avoid unexpected tax problems for both employers and employees.
Tax compliance and provision
The U.S. tax system is more complex than that of most other countries, requiring businesses to navigate federal, state and local tax filings in addition to detailed reporting, withholding requirements, and complex financial statement provisions. Failure to comply can lead to significant penalties, increased audit risk, and reputational damage, especially for multinational groups under the scrutiny of global stakeholders. Inbound entities must accurately file:
• Federal income tax returns (e.g., Forms 1120, 1120-F, 1065, etc.)
• Withholding and informational reporting forms (W-8s, Forms 1042/1042-S, 1099s, etc.)
• Special international tax filings (Form 5471, 5472, 8858, Transfer pricing documentation, etc.)
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• State and local tax filing obligations, often across numerous jurisdictions, include:
- Income and/or franchise tax filings
- Sales and use tax filings
- Payroll tax returns
- Ohio’s compliance obligations include the Commercial Activity Tax (CAT), municipal income taxes, sales/use tax filings, and withholding and informational filings.
Calculating and reporting tax provisions is often one of the most complex aspects of U.S. tax compliance. Integrating U.S. tax provision outputs into global financial reports require close coordination between accounting, tax, and finance teams. For inbound investors, managing tax
compliance and provision processes will require complex planning and disciplined processes; however, if done well, these functions provide transparency, reduce risk, and support better decision-making across the organization.
Conclusion
Doing business in the U.S. as a foreign investor is undeniably complex, but it doesn’t have to be prohibitive. With early planning, robust documentation, and sound strategy, investors can navigate the U.S. tax system confidently and capitalize on the world’s largest economy.
1 “Earnings and Profits” is a tax concept that measures a taxpayer’s ability to pay dividends and often mirrors GAAP retained earnings.
Blakely Lengacher is a Supervisor in GTM’s East Central Practice and is based out of the firm’s Cincinnati office. Currently, she is focused on income tax compliance and has 6 years of federal, state and local tax experience with a focus on complex issues like related party transactions, GILTI, Subpart F, Section 78, Section 382, and net operating losses.
Bill Tziouras is a Senior Manager within GTM’s International Tax Practice, based out of Tampa Bay, Florida. He advises clients on the U.S. tax consequences of cross-border activity as well as the opportunities presented therein. He is well-versed in both inbound and outbound taxation matters including, but not limited to, tax compliance efficiency and strategy, accounting for income taxes (ASC 740) review, global intangible low taxed income (GILTI), Subpart F, foreign tax credit calculations and optimization, structuring and entity choice, withholding tax management, and permanent establishment risk.
Michael is a Director in GTM’s East Central Practice where he leads the firm’s local growth and expansion efforts in the marketplace. He brings more than twenty years of experience serving multinational companies in the areas of business taxation. Michael has assisted his clients with a variety of needs including domestic income tax compliance, accounting for income taxes under ASC 740, due diligence reviews, and tax planning in a multitude of industries such as retail, manufacturing, and technology (SaaS), among others. He is a member of the Ohio Society of CPAs and chairs the federal taxation committee.
1. Funding a U.S. business is complex — foreign investors must weigh debt vs. equity carefully because U.S. rules like the 163(j) interest limitation, withholding taxes, and debt - equity classification rules can significantly impact deductions and tax outcomes.
THREE THINGS
2. Transfer pricing and treaty eligibility are critical risks — the IRS heavily scrutinizes transfer pricing, and foreign investors must meet Limitation on Benefits (LOB) requirements to access treaty reductions in tax and avoid unexpected withholding.
3. State & local taxes and compliance obligations add major complexity — beyond federal rules, investors face Ohio - specific taxes like the CAT, municipal income taxes, extensive withholding requirements, and complex international reporting forms.
BUSINESS management & strategy TALENT management & human resources
Reimagining the pathways to CPA: Inside Ohio’s accounting education shift
By Natalie Rooney
Ohio’s new framework for CPA licensure officially took effect Jan. 1, 2026, offering two distinct paths to licensure. While the law has prompted change, what stands out most in conversations with accounting educators across the state is not disruption, but momentum and enthusiasm.
A welcome enrollment rebound
Under the new framework, candidates may pursue:
• A bachelor’s degree with an accounting concentration, two years of qualifying experience and the CPA Exam, or
• A master’s degree with an accounting concentration, one year of experience and the Exam.
Ohio’s colleges and universities—both two- and four-year schools—are using the flexibility of the new pathways law to rethink how to serve students who have a wide range of backgrounds and different personal goals and timelines. Schools are rising to the challenge with curriculum redesigns aimed at producing work-ready graduates while preserving the rigor and ethics the profession demands.
After years of declining interest in accounting, the numbers are trending upward. National Student Clearinghouse data shows undergraduate accounting enrollment grew 7.3% year over year in fall 2025, compared to a 1.2% increase across all majors.
In Ohio, the rebound is even more pronounced. “We’re way up,” said Dr. Anne Farrell chair of Miami University’s Department of Accountancy. Since spring 2022, Miami’s accounting enrollment has increased by 70%.
Other Ohio institutions—including Kent State University (KSU), Ohio University (OHIO), Cincinnati State, Stark State College and Sinclair Community College—are reporting undergraduate and program-level enrollment gains ranging from the mid-single digits to roughly 20% for fall 2025.
More students, educators say, create opportunities not only to grow programs, but also to rethink what accounting education looks like to meet the evolving needs of the profession.
Four years, two degrees: Reimagining the path
Miami, OHIO and KSU have long attracted students who complete a bachelor’s and master’s across five years to meet Ohio’s previous 150-hour requirement. However, thanks in part to Ohio’s College Credit Plus (CCP) program and Advanced Placement credits, many students arrive on campus with a significant number of college credits already completed.
That head start has made accelerated 3+1 programs, which allow students to earn both degrees in four years, a popular option. Even students without prior college credit can work with advisors to plan how to complete a 3+1 program, Farrell said.
All three universities also offer standalone master’s programs, but demand shifted. “The 3+1 format resonates
with students,” said Dr. Dave Stott, CPA, director of OHIO’s School of Accountancy.
Historically, Stott noted, the route to the 150-hour requirement was the five-year path, even if the additional hours were not always accounting-focused. “Now it’s about making sure those hours are truly preparing students for an accounting career,” he said.
At KSU, curriculum changes have also created new onramps to the profession. Dr. Wei Li, CPA, chair of the Department of Accounting, said the university has seen strong growth in its accounting certificate program designed for individuals with non-accounting bachelor’s degrees. Nonaccounting majors can consider accounting now,” she said. “Employers are excited to hire them because they’re mature, already have a bachelor’s degree and now bring accounting expertise.
Non-accounting majors can consider accounting now,” she said. “Employers are excited to hire them because they’re mature, already have a bachelor’s degree and now bring accounting expertise.
Community colleges: Expanding access and affordability
Ohio’s community colleges play a different but increasingly important role in accounting education, serving students whose paths into the profession seldom follow a straight line. Many are working adults, career changers or first-generation college students balancing school with jobs and family responsibilities.
For these students, flexibility, affordability, convenience and employment outcomes are key. “The power of the associate degree is that students can start working in accounting while they’re pursuing their four-year degree,” said Dr. Stani Kantcheva, CPA, CMA, accounting program chair at Cincinnati State Technical and Community College. “And many employers will help pay for that education.”
Students may pursue associate degrees, accounting or bookkeeping certificates, or CPA-focused accounting certificates, depending on their goals. Some certifications can be completed in as few as 30 credit hours, while paid co-op experiences allow students to move directly into staff accounting roles. “They get a blend of theory and hands-on experience,” Kantcheva said.
Strong transfer partnerships are essential for students who plan to continue on to a bachelor’s degree. Rick Andrews, CPA, MBA, accounting and economics chair at Sinclair Community College, said the school works closely with partner institutions to ensure credits transfer efficiently.
Many of Sinclair’s students already hold degrees in other fields and are working in accounting-adjacent roles. “I call them the 30/40 group,” Andrews said. “They’re close to 30 years old, making around $40,000 a year and are looking to formalize their accounting knowledge or prepare for the CPA Exam.”
Community colleges still face lingering misconceptions, said Jonathan Mitchell, CPA, MBA, associate professor and chair of Stark State University’s Accounting and Finance Department.
“There’s still a stigma around ‘just’ having an associate degree,” he said. “But when you see the coursework, the early exposure to accounting content and experiences like the IRS Volunteer Income Tax Assistance (VITA) program, you understand that these students are accountants. Employers see that and they’re hiring them as professional staff. And while working, the majority are still pursuing
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bachelor’s degrees with our 3+1 partnerships at significant cost savings compared to four or five-year university pathways.”
The accounting curriculum in motion
Across both two- and four-year institutions, curriculum changes are being driven by close collaboration with advisory boards made up of alumni and employer partners. Rather than isolating technological advances into a single course, schools are embedding data analytics, technology and artificial intelligence (AI) across the accounting curriculum.
At Stark State, for example, AI and data analytics are incorporated into advanced accounting, business law and ethics, accounting software and analytics, auditing and other courses. Students use generative AI tools and then critically evaluate when—and when not—to rely on them. “We’re focused on teaching AI responsibly and preparing students to use it appropriately in practice,” Mitchell said.
Project-based learning is increasingly designed to mirror real-world accounting work, following the full cycle from transactions and adjusting entries through financial statement preparation and analysis. “Students can see the big picture and how all the pieces fit together,” Kantcheva said.
Curriculum evolution is also leading to new degree offerings.
KSU recently announced a Master of Science in Accounting, Business Technology and Analytics, launching in fall 2026.
Exam preparation remains a central focus. Students are encouraged to begin sitting for the CPA Exam while still in school, supported by cohorts to help keep them motivated and on track. “The top reason people leave the profession is because they can’t pass the Exam,” Stott said. “If we can help them clear that hurdle early, it can change the trajectory of their careers.”
Do master’s programs have a future?
As accelerated pathways grow, some educators questioned whether the traditional Master of Accountancy still has a role. Li acknowledged initial concern but said KSU’s program has remained strong, even attracting students from institutions that discontinued their MAcc programs. “We focus on communicating the long-term value a master’s degree can add,” she said.
Farrell cautioned that speed is not always the best metric. With students arriving on campus with more credits than ever, some may be tempted to leave school after just three years. “Not every state has adopted the same pathways, and licensure reciprocity is still evolving,” she said. “We’re encouraging students to think carefully, especially if they anticipate practicing outside Ohio.”
Stott expects five-year MAcc programs to be smaller but
not obsolete. “Some students benefit from that additional year to mature, and, for those who value the on-campus experience, it can still be the right choice,” he said.
Many paths, one profession
Whether students pursue a bachelor’s, a bachelor’s and master’s in 3+1 or five-year programs, a community college pathway or a professional certification, educators agree on one point: there is room — and need — for all of these options.
The profession requires talent for a wide range of roles, and Ohio’s institutions are working closely with students to help them choose paths that align with both career goals and employer demand. Many graduates are entering the workforce earlier at the staff level, continuing their education with employer support or returning later to pursue licensure.
Andrews encourages firms to broaden how they think about recruiting. “Reach out to non-traditional students,” he said. There’s still a significant need for accounting professionals, and these pathways are helping fill that need.”
There’s still a significant need for accounting professionals, and these pathways are helping fill that need.
THREE THINGS
1. Ohio’s new CPA pathways create greater flexibility for students, offering two routes to licensure that allow candidates to choose either a bachelor’s degree plus two years of experience or a master’s plus one year of experience.
2. Enrollment in accounting programs is rebounding significantly, with national undergraduate accounting enrollment rising 7.3% and Ohio institutions reporting increases from single - digit growth up to 70% in some programs.
Natalie Rooney is a freelance writer based in Eagle, Colorado. A former vice president of communications for the Ohio Society of CPAs, she has been writing for state CPA societies for more than 20 years. You can reach her at natalie.g.rooney@gmail.com.
3. Schools across Ohio are redesigning their accounting curricula, embedding technology and AI into coursework, expanding accelerated 3+1 and certificate options, and strengthening community college pathways to meet workforce needs.
MEMBER spotlight
Accounting by day, reality TV by night: Ohio CPAs on Netflix’s Love Is Blind
By: Amber Epling-Skinner, OSCPA vice president of external affairs
Most CPAs build careers on evidence, analysis and certainty. This winter, two Ohio CPAs choose the opposite. When Love Is Blind returned to Netflix this February, Kevin VerHoef, CPA, and Alex Lowrie, CPA, tested whether the skills that serve them at work can also lead them to love.
Filmed in Columbus and hosted by Nick and Vanessa Lachey, the Emmy-nominated series follows 32 singles from across the Buckeye State as they enter one of reality television’s most unconventional social experiments: forming emotional connections — and sometimes engagements — without ever seeing one another.
For Kevin VerHoef, CPA, a senior manager in assurance and longtime OSCPA member, and Alex Lowrie, CPA, a Columbus-based CPA whose career spans public accounting and fast-moving startups, their presence in the pods offered a compelling example of what it means to be a modern CPA.
For younger professionals watching from their couches, the message is subtle but powerful: CPAs don’t fit a single mold.
Saying yes to the unknown
For both VerHoef and Lowrie, joining Love Is Blind wasn’t about chasing fame or becoming influencers. It was about saying yes to something uncomfortable, unpredictable and deeply human.
VerHoef, more than a decade into his career, saw the experience as a once-in-a-lifetime opportunity. Filming meant stepping away from work during one of the busiest times of the year — an eyebrow-raising move in public accounting. But after 12 years at his firm, he felt grounded in who he was and confident in returning to the profession he loves.
“I was an accountant before this, and I’ll be an accountant after this,” VerHoef said. “I really do enjoy this job. I love the client-facing aspect and the high energy it demands day in and day out. That’s what gets me out of bed in the morning.”
Lowrie’s path to the pods was more spontaneous. He wasn’t a reality TV fan and had never watched Love Is Blind before applying. The nudge came from his sister, who suggested he give it a shot. His response? Why not.
“In life, it’s really important to put yourself out there,” Lowrie said. “You never know what might happen — good or bad — but you learn a lot about yourself. And maybe you find a wife.”
That willingness to embrace uncertainty is something both men recognize from their professional lives as well. As VerHoef put it, “The world doesn’t really send you a call to adventure very often. You can either ignore it and go along with your life as you expected to, or you can jump into the unknown.”
Three accountants, one reality show
While Love Is Blind features 32 cast members, the fact that three of them work in the accounting profession didn’t go unnoticed — especially by the accountants themselves.
Lowrie joked that the overlap could lead to confusion. “We were like, ‘This isn’t going to be good for us. People are just going to mix us up!’” he said.
They didn’t know each other before filming, but the degrees of separation were striking. Shared professional experiences, mutual connections and the common grind of earning the CPA credential highlighted just how small and interconnected the profession can be.
For fellow Ohio CPAs, their presence on the show quietly challenges stereotypes. Accountants are often typecast as risk-averse, buttoned-up or one-dimensional. Watching two CPAs navigate vulnerability, emotional conversations and high-pressure decisions on a national stage tells a different story.
VerHoef was keenly aware of that perception from the start. He debated how to introduce himself in the pods — whether to say he was an accountant, a senior manager, or a CPA. Ultimately, he chose to own the credential.
“I worked hard for those letters, and I’d love to show them off,” he said. “People think CPAs are bookish or not creative. But that ain’t me. I like to say I’m an artist, and Microsoft Excel is my canvas.”
The importance of emotional intelligence in love… and accounting
Dating behind a wall may seem worlds away from assurance engagements or startup finance teams, but both men found surprising parallels between the pods and their professional skill sets.
I worked hard for those letters, and I’d love to show them off,” he said. “People think CPAs are bookish or not creative. But that ain’t me. I like to say I’m an artist, and Microsoft Excel is my canvas.”
Kevin VerHoef, CPA
For VerHoef, the experience felt oddly familiar. Meeting new people, asking thoughtful questions and evaluating compatibility mirrors the instincts he uses every day.
“You kind of do a little risk assessment,” he said with a laugh when referring to how he would size up the female contestants as well as his male competitors. “Where are my audit risks with this one? You ask the right questions, collect the evidence and form an opinion.”
Lowrie, whose career includes time at PwC and multiple startups, leaned heavily on communication and adaptability. Opening up emotionally – knowing rejection was possible and competition was built into the process – was harder than he expected.
“It’s not like normal dating,” he said. “It can get very intense.”
Both men emphasized that emotional intelligence, often overlooked in discussions about accounting careers, is becoming increasingly central to success for the next generation.
“Being able to communicate and sell the work we’re doing is going to be super important,” Lowrie said. “The work is
changing rapidly. We need to explain the value of what we do, not just do it.”
Breaking the “tax guy” myth
Ask either CPA about public perception of the profession, and the same misconception comes up: taxes.
“You tell people you’re a CPA and they say, ‘Oh great, you can do my taxes,’” VerHoef said. But in the pods, he used the stereotype to his advantage as a clever pick-up line. “I would say, ‘well, I could — if we’re married, filing jointly.’”
Both men are quick to point out that accounting is far broader than many realize, with career paths spanning assurance, advisory, finance, startups and leadership roles. Lowrie often compares the profession to law, with its many specialties.
“Once you get the CPA, employers see someone who can do just about anything — or can be taught to,” he said. “Those letters open doors.”
That national visibility matters as the profession works to attract the next generation. Seeing CPAs show up in unexpected places like Love Is Blind helps humanize
Source: Alex Lowrie
Being able to communicate and sell the work we’re doing is going to be super important,” Lowrie said. “The work is changing rapidly. We need to explain the value of what we do, not just do it."
the career and expand what young professionals think is possible.
“We’re typically back-office people,” Lowrie said. “A lot of people don’t interact with us. Showing that we’re funny, adaptable and multidimensional is important.”
Lessons in risk and resilience
Both men describe the experience as transformative, regardless of how their love stories unfold on screen.
Lowrie said the intensity pushed him to realize how much he could handle. “Putting yourself through something that strenuous, you come out thinking, ‘I can handle anything.’”
For VerHoef, the takeaway was simpler: say yes more often.
“It was an adventure unlike any I’ve ever taken,” he said. “The experiences that scare you at first are usually the ones that help you grow the most.”
Alex Lowrie, CPA
As Love Is Blind Season 10 premieres, viewers will tune in for drama and romance — but Kevin VerHoef and Alex Lowrie offer a deeper lesson. Their journey is a reminder that true growth comes from courage, curiosity and the willingness to step into the unknown — sometimes in work, sometimes in life, and sometimes in love.
Love Is Blind Season 10 premieres Feb. 11 on Netflix.
Amber Epling-Skinner is the vice president of external affairs of The Ohio Society of CPAs, responsible for telling our story to members, industry leaders, key stakeholders and the public, in addition to local and national media. She can be reached at aepling-skinner@ ohiocpa.com.
Source: Alex Lowrie
Source: Kevin VerHoef
LEARNING events at a glance
MEMBERS in motion
AKRON
Jonathan Abbotoy, CPA, ABV, CFE has been promoted to senior manager of Business Valuation & Litigation Support Services at BMF
David Askew, CPA, MTax has been promoted to senior manager of Taxation Services at BMF
Jacob McMichael, CPA, MSA has been promoted to manager of Audit & Assurance at BMF
Conner Bast, CPA, has been promoted to supervisor of Audit & Assurance at BMF
CINCINNATI
Dan Schlachter, CPA, CVA was named a NACVA Top 30 Under 30 Business Valuation Analyst.
HD Growth Partners has merged with Onpointe Advisors, giving them presence in Southwest Ohio and Ky., as well as Northeast Ohio. Everything will be under HD Growth Partners brand
CLEVELAND
Katie Allender, CPA has been promoted to senior manager of Audit & Assurance at BMF.
Mike Dascenzo has been promoted to senior accountant of Taxation Services at BMF.
Geoffrey Jacobson, CPA has been promoted to senior manager of Audit & Assurance at BMF.
Thomas J. Lyons, CPA started a new role as transaction advisory services manager at CBIZ.
Prakriti Walia started a new role as tax supervisor at Pease Bell CPAs.
COLUMBUS
Christian Hayes, CPA has been promoted to manager in the Investigative Accounting Group at Meaden & Moore.
Nicole Piscitello, CPA has been promoted to senior manager in the Personal Tax Services Group at Meaden & Moore.
DISCIPLINARY actions
Ellis, Jan L. / Columbus State Community College – Westerville, OH
Under the automatic disciplinary provisions of the OSCPA bylaws, Jan L. Ellis’s OSCPA membership was terminated effective February 3, 2026. Ms. Ellis’s CPA certificate was revoked by the Accountancy Board of Ohio for 4701.16(A)(1), (A)(3), (A)(4) & (A)(9) - fraud or deceit in obtaining an Ohio permit; unlawful practice; Board communications; failure to comply with continuing education verification requirement; and failure of a holder of a CPA certificate or PA registration to obtain an Ohio permit or an Ohio registration, or the failure of a public accounting firm to obtain a firm registration.
Melody Van Dusen, CPA has joined Schneider Downs as a tax shareholder.
DEFIANCE
Alyssa Renfer, CPA, recently earned licensure as a certified public accountant in Ohio and has been promoted to supervisor.
Alex Schomaeker, CPA has been promoted to manager.
Hunter Yackee was promoted to incharge accountant.
ST. MARY'S
Samson Chiwaramakanda was promoted to in-charge accountant.
YOUNGSTOWN
Megan Roberts has been promoted to chief of operations at HD Growth Partners.
ADVERTISER INDEX
THE OHIO SOCIETY OF CPAs 2025–2026 BOARD OF DIRECTORS
CHAIR OF THE BOARD
Courtney Clark, CPA Deloitte Columbus
PAST CHAIR
Rick Fedorovich, CPA Bober Markey Fedorovich Cleveland
Brandi Carson, CPA La-Z-Boy Inc. Toledo
Darci Congrove, CPA GBQ Columbus
Robert Fay, CPA
Robert F. Fay, CPA, PFS, CGMA Canton
CHAIR-ELECT
Angela Lewis, CPA Crowe LLP Columbus
VICE CHAIR, FINANCE
Gregory J. Jonovich, CPA, MBA Materion Mayfield Heights
DIRECTORS
Tracey Holecek, CPA Acclarity Columbus
Mark McKinley, CPA Rea Columbus
Jake Nix, CPA RISCPoint Cleveland
Dan Perschke, CPA Scripps Cincinnati
Kerry Roe, CPA Clark Schaeffer Hackett & Co. Cincinnati
