What's Happening?
Anthony Sciarra, a former tax leader at PricewaterhouseCoopers (PwC) in New York, has joined Armanino's tax practice as the partner-in-charge. Armanino, a San Ramon, California-based firm, is focusing on expanding its tax services, which is its largest
service area. Sciarra will oversee strategy, growth, and operations across a national team of tax professionals serving middle-market, high-growth, and enterprise clients. His previous roles at PwC involved senior tax leadership, focusing on growth strategy and tax transformation. Armanino is also making other leadership changes within its tax practice, with Caleb Crandell expanding his role to oversee core middle-market tax services.
Why It's Important?
The addition of Anthony Sciarra to Armanino's leadership team is significant as it underscores the firm's commitment to expanding its tax services amidst increasing complexity in tax regulations. Sciarra's experience with large multinational organizations and his focus on non-income-based tax regimes will be crucial as Armanino aims to provide differentiated services to its clients. This move is part of Armanino's Vision 2030 strategy, which involves leveraging technology to enhance service delivery. The firm's growth strategy is further supported by a minority investment from Further Global Capital Management, highlighting its ambition to become a leading provider of technology-enabled professional services.
What's Next?
Armanino plans to continue its expansion by focusing on technology-enabled services, particularly in the tax domain. The firm aims to integrate artificial intelligence and other technologies to enhance its service offerings. Sciarra's role will involve building on the existing foundation to drive new capabilities in the industry. Armanino's strategy includes expanding its presence across 30 office locations and leveraging the expertise of over 800 professionals. The firm is poised to strengthen its position in the middle-market space, providing comprehensive tax solutions to high net worth individuals and enterprises.
