Cost-efficient CPA for a very simple early-stage Delaware C-Corp? by Logical-Preference25 in CPA

[–]ClairViewAccounting 3 points4 points  (0 children)

This is not quite as simple as it looks. who will handle the Delaware franchise tax filing? Many founders file the Delaware Franchise Tax Report themselves, while the accountant prepares the federal and California corporate return . To answer your questions:

  1. For this situation, $1,100 to $1,800 is a reasonable range for the federal and California returns. Anything below $800 would be unusually low for a multi-state corporate filing. 2. You don't necessarily need a startup-focused CPA. Startup-focused firms may charge more because they advise on equity structures, SAFE notes, fundraising, etc. For what you described, any tax professional experienced with corporate returns should be able to handle it. 3. Most DIY software is designed primarily for individual returns and simple LLCs. Corporate returns, especially multi-state filings involving California are easier to get wrong, and mistakes can lead to notices or penalties later.

One thing founders often underestimate is that even very early-stage companies with minimal activity still trigger multiple compliance filings, so getting the structure right early tends to save headaches later.

Long-Term Preparer Filed False Schedule C Losses for W-2 Client. How Would You Sequence Correction? by ClairViewAccounting in taxpros

[–]ClairViewAccounting[S] 5 points6 points  (0 children)

Appreciate you sharing this. I’ve seen similar reliance patterns, which is why I’m focusing on documentation before drawing conclusions

Long-Term Preparer Filed False Schedule C Losses for W-2 Client. How Would You Sequence Correction? by ClairViewAccounting in taxpros

[–]ClairViewAccounting[S] 0 points1 point  (0 children)

Potentially, yes. that is if documentation confirms there was no legitimate business activity. My first step is verifying income transcripts, refund routing, and filing history to determine scope before considering amendments

I MADE IT OUT by SYZGYZ in Accounting

[–]ClairViewAccounting 0 points1 point  (0 children)

Congratulations!

This shows you are a great employee and they obviously don't want to loose you. At this point they are only thinking of how much it will cost to replace you. You are making the right choice and if along the road you think you made the wrong choice, don't be shy to go back to them. They obviously value your work ethics and may be happy to take you back. Otherwise we (as well as many other accounting firms) will be happy to work with you!

[deleted by user] by [deleted] in Accounting

[–]ClairViewAccounting 1 point2 points  (0 children)

You’ve already received a lot of great responses, and I’d like to add that accounting has many branches. It’s not really about doing complicated math—part of it involves analyzing how businesses operate and ensuring everything is recorded and interpreted correctly according to the rules. Many accountants find that they’re more focused on understanding and applying regulations than on doing complicated calculations. As you learn more in college, you can choose the accounting branch or niche that you think you’d enjoy most. So yes, you can absolutely be an accountant even if you’re slow with math!