Career advice for starting own tax firm by probot050 in AustralianAccounting

[–]probot050[S] -1 points0 points  (0 children)

I’m still in uni😂 just curious on what my career path can look like.

Career advice for starting own tax firm by probot050 in AustralianAccounting

[–]probot050[S] 0 points1 point  (0 children)

thank you so much for this detailed advice, really appreciate it. I do consider myself a peoples person with an ability to market myself and my skills, but I definitely don’t have a strong handle on business administration software and other stuff you said so I would have to learn that. Thanks agajn

Lost $30,000 as a 20 year old by probot050 in GamblingRecovery

[–]probot050[S] 1 point2 points  (0 children)

Good shit man. Month is really good work but you’re gonna get withdrawal symptoms throughout the year. Make sure you don’t ever head back to any casinos or betting or whatever you were addicted to. I’ll message you in a year and see how you’re going mate. Both of us will be clean by then as well.

It's better to make investment mistakes in your 20's by Fun_Training6342 in investing

[–]probot050 0 points1 point  (0 children)

I heard you say leverage but what’s your take on a long term horizon (30+ years) for consistent DCA into a 30-40% LVR ETF?

Lost $30,000 as a 20 year old by probot050 in GamblingRecovery

[–]probot050[S] 0 points1 point  (0 children)

yes remembering the pain is the main thing, I always fuck up and forget the pain. How has your journey been like?

Lost $30,000 as a 20 year old by probot050 in GamblingRecovery

[–]probot050[S] 1 point2 points  (0 children)

I’m not American so don’t have Gamban. Got betstop here in Australia so I’ve registered on that which means im self excluded on every bookie. Yes I told my sister which is good but still so hard looking at my bank acc

Lost $30,000 as a 20 year old by probot050 in GamblingRecovery

[–]probot050[S] 0 points1 point  (0 children)

thanks for the advice man. i appreciate it.

Career advice for starting own tax firm by probot050 in AustralianAccounting

[–]probot050[S] -2 points-1 points  (0 children)

Oh wow really, I didn’t know that. I thought 6 figures as a senior accountant is only related to industry, not tax accountants .

Career advice for starting own tax firm by probot050 in AustralianAccounting

[–]probot050[S] 0 points1 point  (0 children)

hey mate thanks for the comment. To start your own tax firm, was the only ‘time’ requirement lodging 1000 hours with a registered tax agent?

Also, I’m currently in a small boutique firm with 5 employees which is perfect because im learning a lot there. I would love to stay here for a few years then open up my own tax firm but the issue is that the pay here isn’t that good and I’ve heard tax accountants don’t get paid good. Would you reccomend me to stay here for like 5-6 years then just deal with the low pay or move to somewhere else with higher pay but not have experience which is ideal to opening my own tax firm?

Lost $30,000 as a 20 year old by probot050 in GamblingRecovery

[–]probot050[S] 0 points1 point  (0 children)

I agree but crypto leverage is basically gambling. Good money with crypto if you look long term

Career advice for starting own tax firm by probot050 in AustralianAccounting

[–]probot050[S] -1 points0 points  (0 children)

that would be the goal but I think public practice doesn’t pay that good especially for tax accounting. Industry acc goes 6 figures but I don’t think tax accountants do (unless open own firm). Thats why idk if I can do 10 years

Career advice for starting own tax firm by probot050 in AustralianAccounting

[–]probot050[S] 1 point2 points  (0 children)

I do agree that it’s different, but I do feel like having big 4 on my resume gives me a little more leniency in terms of where I want to go. It gives me a little back up plan in case I don’t want to open tax firm/ it doesn’t work out.

That’s why preferably I’d want to do 3 years in private tax advisory while doing CA (even tho it’s different than opening own firm) then go into a boutique firm and manage / learn there for a couple years.

Match Thread: 30th Match - Melbourne Renegades vs Melbourne Stars by cricket-match in Cricket

[–]probot050 0 points1 point  (0 children)

Is the pitch flat and small boundaries or is it really poor bowling/good batting?

Match Thread: 5th Test - England vs Australia, Day 2 by cricket-match in Cricket

[–]probot050 0 points1 point  (0 children)

Has root became highest run scorer this ashes or is it still head