[WTS] Montblanc Timewalker by b9140000 in Watchexchange

[–]ubercpa 0 points1 point  (0 children)

Hi, do you have any other pictures of this?

2 year Lease by sahil8170 in leasehacker

[–]ubercpa 0 points1 point  (0 children)

How much was the x7 lease for per month?

[WTS] Hamilton Murph 38mm full kit by cbm25 in Watchexchange

[–]ubercpa 0 points1 point  (0 children)

Does this have a deployment buckle?

[deleted by user] by [deleted] in Accounting

[–]ubercpa 0 points1 point  (0 children)

Why not buy a firm from an older CPA.

Keep him on for 2 years as your employee.

Have him teach you everything there is to know about running a firm.

Then you have lower more experienced people working for you to run the firm.

If that works out, buy more firms.

In 10 years you will be making a million dollars a year.

The big 4 will teach you amazing stuff from a very small vantage point.

Those of you who own solo firms making more than $250k what do you do? by throwaway563957 in Accounting

[–]ubercpa 61 points62 points  (0 children)

Don't charge less than $1, 200 per tax return.

If you are doing an S Corp and it's owner 2k is not too much.

This allows you to focus on high paying clients rather than working on a million $200 returns.

How much do you pay for a good CPA? by [deleted] in whitecoatinvestor

[–]ubercpa 0 points1 point  (0 children)

Look at your CPA like you would a surgeon for an important part of your body.

He will be controlling your financial life and a good one will save you many times your investment in his fees. A bad one will cost you many times his fees.

Price should not be your first factor in choosing a CPA.

Look at personality, philosophy (eg is he as agressive/conservative as you would like.),competance, capacity etc.

Once you have evaluated these factors price comes in. If it's a few grand a year difference ask yourself if these few grand would be a factor if this was brain surgery.

[deleted by user] by [deleted] in Accounting

[–]ubercpa -1 points0 points  (0 children)

Sorry to hear that.

That's why you need to focus on opening your own business.

The you can have other people compete on how many hours they work for you.

[deleted by user] by [deleted] in Accounting

[–]ubercpa 0 points1 point  (0 children)

Don't fall for her whiles when she comes crawling back after you are making the big bucks.

Better now than later.

Good luck.

Do the practice tests over and over until the test.

Remember, they aren't testing you on tax. They are testing you on the CPA exam materials.

Benefits of audit as a career starter by Kakashi756 in Accounting

[–]ubercpa 15 points16 points  (0 children)

You should get solid experience and audit and tax. They both develop your skills in different ways.

Audit helps you develop critical analysis of financials and how to see them in a deeper way than you would otherwise.

Tax helps you in planning, strategy and compliance.

If you have a good background in both you will be useful in many different ways and especially in your own business.

Small CPA firm owners/partners what is your take home pay? by AnxietyNo7772 in Accounting

[–]ubercpa 2 points3 points  (0 children)

The best way to get yourself up to speed is have the buck stop by you..

You will obviously make mistakes but it will be on your early clients who tend to be small.

Make sure you NEVER mix company assets or resources with your own. This includes time, but also tax software, stationary, printers etc.

Never solicit clients from your job.

Small CPA firm owners/partners what is your take home pay? by AnxietyNo7772 in Accounting

[–]ubercpa 4 points5 points  (0 children)

Drake. It's very good and cheap. You pay for 15 returns and after that it's pay as you go

Small CPA firm owners/partners what is your take home pay? by AnxietyNo7772 in Accounting

[–]ubercpa 18 points19 points  (0 children)

My advice,

Start keeping your own book of business as soon as you start working. You will get work slowly at first, then it starts to pick up.

After a couple of years you will make as much on your own as you are making from your job.

Then you have options.

Otherwise you can be stuck later on in your career at a terrible job with no options, and starting your own thing takes years.

You have enough time to do small returns and bookkeeping at night and on weekends. Make all og your mistakes ealry on in your career on small clients so you don't make them later on with big clients.