Rachel Farris, CPA - 2024 "40 Under 40" Honoree

Rachel Farris, CPA – 2024 “40 Under 40” Honoree

Managing Partner
Rachel Farris, CPA, P.C.
www.RachelFarrisCPA.com

Recent Career Highlights:
Rachel Farris, CPA specializes in tax minimization strategies for high-net-worth families and business owners, leveraging Puerto Rico’s tax incentives code (Act 60). Over the past year, she launched an educational course on Act 60 at www.MaximizeWealth.com, helping investors and business owners navigate the complexities of tax planning and compliance. Additionally, Rachel developed partnerships with wealth advisors, banks, real estate firms, and other professionals to increase awareness about Puerto Rico’s tax incentives.

Other career highlights include:

Awarded The Wire’s 30 Under 30 Most Influential Women
Featured speaker at TEDx
Addressed a congressional delegation on best practices for IRS outreach to younger generations
Contributed to California Tax Lawyer and the Journal of Marketing Education

Outreach Beyond the Firm:
Beyond her firm, Rachel Farris, CPA is dedicated to mentorship, education, and advocacy. She continues to advocate for financial literacy in younger generations through speaking engagements and publications. Rachel mentor students and professionals through programs at California Polytechnic State University, Santa Clara University, and San Diego high schools.

She is passionate about the opportunities for accountants and speaks at multiple universities to inspire the college students to pursue a career in accounting. Through thought leadership and mentorship, Rachel is shaping the future of tax strategy while empowering the next generation of professionals and entrepreneurs.

Favorite podcasts/books/blogs/websites/magazines for professional development:

Planet Money
Secrets of the Millionaire Mind
How to Win Friends and Influence People
The 7 Habits of Highly Effective People

See all of the 2024 “40 Under 40” and “20 Under 40” honorees.

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Rachel Farris, CPA – 2024 “40 Under 40” Honoree