{"id":64229,"date":"2019-08-05t12:05:43","date_gmt":"2019-08-05t16:05:43","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=64229"},"modified":"2019-08-16t09:41:32","modified_gmt":"2019-08-16t13:41:32","slug":"how-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial","status":"publish","type":"post","link":"\/\/www.g005e.com\/2019\/08\/05\/how-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial\/","title":{"rendered":"how to transfer a boomer-owned cpa practice to a millennial"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-64231 size-medium alignright\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-424x213.png\" alt=\"//www.g005e.com/store/wp-json/wp/v2/posts/\" width=\"424\" height=\"213\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-424x213.png 424w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-300x151.png 300w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-600x301.png 600w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-768x385.png 768w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-849x426.png 849w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg.png 1188w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/p>\n<p><strong>riding the big gray wave.<\/strong><\/p>\n<p><em>by brannon poe<\/em><\/p>\n<p>the demographic tsunami actually might surprise you. according to pew research, millennials are projected to soon overtake baby boomers as the largest generation. that\u2019s right, they will be the biggest generation in the u.s. and they are almost there.<\/p>\n<ul>\n<li>boomers \u2013 born from 1946 to 1964 \u2013 74 million<\/li>\n<li>millennials \u2013 born from 1982 to 2002 \u2013 71 million<\/li>\n<\/ul>\n<p>another very important consideration is the declining number of cpas in the profession. the total number of first-time licensed cpas has declined about 20 percent since the 1990s.<\/p>\n<p>it appears that the \u201cgreying of the profession\u201d may be more of a function of the number of people who have chosen the profession and those that have decided to get out of public practice altogether.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2019\/08\/05\/how-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial\/#more-64229\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2019%2f08%2f05%2fhow-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial%2f&amp;t=how+to+transfer+a+boomer-owned+cpa+practice+to+a+millennial'  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.linkedin.com\/'  href='http:\/\/www.linkedin.com\/sharearticle?mini=true&amp;url=https%3a%2f%2fwww.g005e.com%2f2019%2f08%2f05%2fhow-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial%2f&amp;title=how+to+transfer+a+boomer-owned+cpa+practice+to+a+millennial&amp;summary=%0d%0a%0d%0ariding+the+big+gray+wave.%0d%0a%0d%0aby+brannon+poe%0d%0a%0d%0athe+demographic+tsunami+actually+might+surprise+you.+according+to+pew+research%2c+millennials+are+projected+to+soon+overtake+baby+boomers+as+the+largest+generation.+that%e2%80%99s+right%2c+they+will+be+the+biggest+generation+in+the+u.s.+and+they+are+almost+there.%0d%0a%0d%0a+%09boomers+%e2%80'  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='linkedin'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-850px 0px'   \/> <span class=\"head\">share on linkedin<\/span><\/a><\/li><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/twitter.com\/'  href=\"http:\/\/twitter.com\/share?url=https%3a%2f%2fwww.g005e.com%2f2019%2f08%2f05%2fhow-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial%2f&amp;text=%23cpa+link%3a++-+ via+%40cpa_trendlines\"  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='twitter'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-1625px 0px'   \/> <span class=\"head\">tweet this item<\/span><\/a><\/li><li class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%20how%20to%20transfer%20a%20boomer-owned%20cpa%20practice%20to%20a%20millennial&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2019\/08\/05\/how-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial\/\" title=\"email this: how to transfer a boomer-owned cpa practice to a millennial \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-64231 size-medium alignright\" src=\"\/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-424x213.png\" alt=\"//www.g005e.com/store/wp-json/wp/v2/posts/\" width=\"424\" height=\"213\" srcset=\"\/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-424x213.png 424w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-300x151.png 300w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-600x301.png 600w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-768x385.png 768w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg-849x426.png 849w, \/\/www.g005e.com\/wp-content\/uploads\/2000\/01\/surfer-in-unstad-norway-by-telberg.png 1188w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/p>\n<p><strong>riding the big gray wave.<\/strong><\/p>\n<p><em>by brannon poe<\/em><\/p>\n<p>the demographic tsunami actually might surprise you. according to pew research, millennials are projected to soon overtake baby boomers as the largest generation. that\u2019s right, they will be the biggest generation in the u.s. and they are almost there.<\/p>\n<ul>\n<li>boomers \u2013 born from 1946 to 1964 \u2013 74 million<\/li>\n<li>millennials \u2013 born from 1982 to 2002 \u2013 71 million<\/li>\n<\/ul>\n<p>another very important consideration is the declining number of cpas in the profession. the total number of first-time licensed cpas has declined about 20 percent since the 1990s.<\/p>\n<p>it appears that the \u201cgreying of the profession\u201d may be more of a function of the number of people who have chosen the profession and those that have decided to get out of public practice altogether.<\/p>\n<p> <a href=\"\/\/www.g005e.com\/2019\/08\/05\/how-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial\/#more-64229\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2019%2f08%2f05%2fhow-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial%2f&amp;t=how+to+transfer+a+boomer-owned+cpa+practice+to+a+millennial'  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li>\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.linkedin.com\/'  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no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-850px 0px'   \/> <span class=\"head\">share on linkedin<\/span><\/a><\/li>\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/twitter.com\/'  href=\"http:\/\/twitter.com\/share?url=https%3a%2f%2fwww.g005e.com%2f2019%2f08%2f05%2fhow-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial%2f&amp;text=%23cpa+link%3a++-+ via+%40cpa_trendlines\"  ><img  src='//www.g005e.com/store/wp-json/wp/v2/posts/\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='twitter'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-1625px 0px'   \/> <span class=\"head\">tweet this item<\/span><\/a><\/li>\n<li class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%20how%20to%20transfer%20a%20boomer-owned%20cpa%20practice%20to%20a%20millennial&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2019\/08\/05\/how-to-transfer-a-boomer-owned-cpa-practice-to-a-millennial\/\" title=\"email this: how to transfer a boomer-owned cpa practice to a millennial \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div 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