Special Report: Catching up with Oahu's No. 1 CPA firm

Young stated that this investment builds on Deloitte’s social responsibility efforts and leverages the cross-sector capabilities which have been developed and established over Deloitte’s 175-year history. Young spoke to PBN. What are the latest trends in your industry? Workers have the opportunity to seek out higher-paying jobs due to the tight labor market. Rewarding employees with incentives and rewards such as commute reimbursement, hybrid work stipends and well-being incentives can help them retain and attract talent. ESG (Environmental and social governance)-- We are in a crucial moment in history when ESG concerns are more important than ever, and both small and large companies are realizing this. Organizations of all sizes require a solid, integrated strategy that incorporates ESG priorities. Cyber is no longer a requirement or a collection tech-focused hygiene practices. It has become a crucial function that helps businesses achieve their goals. Cyber is expanding far beyond its technology roots. Since over 115 years, we have been in Hawaii and are one of the largest professional service organizations. We continue to invest in Honolulu's talent market as one of the most prominent professional service organizations. We hire both college recruits and professionals with diverse backgrounds and skills to fill a variety of roles in our four businesses. What advice would your business give this tax season? Inflation Reduction Act 2022 was passed, creating tax opportunities in ESG. This includes the possibility of certain credits or incentives. These potential opportunities should be discussed with tax departments and outside tax advisors by companies to determine if tax can be a value-driver. They should continue to monitor the effect of the 2017 Tax Cuts and Jobs Act, where some provisions have changed for the future. Individual taxpayers should consider estate tax planning options before the current lifetime exemption is significantly reduced in 2026. What are your plans to grow your company in 2023? We are currently experiencing high levels of success and growth. To support this growth, we continue to recruit across all of our businesses. Deloitte's Project 120, a $1.4billion investment to revamp our learning and developing approach, is also a big bet on our people and sets a new standard in learning and development. Project 120 represents a paradigm shift in the way learning and development should be delivered. Project 120 is a vision of the future tech skills market and how we can create tech learning experiences that equip our people. Our client challenges are dominated by cutting-edge technologies like cloud, artificial intelligence, and cyber. We have a wide range of backgrounds and perspectives in our tech talent. This allows us to help create the next generation of technology talent.